Healthier and More Educated Society Improves Multifactor Productivity: Time Varying Relationships

Yıl 2016, Cilt: 14 Sayı: 27, 111 - 141, 01.06.2016

Yavuz Yıldırım

Öz

This study analyzes the influence of externalities generated by human capital on multifactor productivity (MFP). Education and health are two components of human capital that improvements in either of them influence the MFP. Scientific knowledge generated through published articles, and doctorates awarded by the US universities are considered as education components. Life expectancy at birth is an indicator of healthy nation. Explanators of MFP for the US private business sector for the last century are analyzed using Flexible Least Squares that enables an analyst to diagnose the magnitude of coefficient variation and detect which particular coefficients are changing. Results show that indicated variables have significant externalities and positively affect the MFP

Anahtar Kelimeler

Multifactor Productivity, Time Varying relationships

Sağlıklı ve Daha Eğitimli Toplum Çoklu Faktör Verimliliğini Arttırır: Zamanla Değişen İlişkiler

Öz

Bu çalışma, beşeri sermaye tarafından oluşturulan dışsallıkların çoklufaktör
verimliliği (ÇFV) üzerindeki etkilerini analiz etmektedir. Eğitim
ve sağlık beşeri sermayenin bileşenlerindendir ki bunlardaki gelişmeler
ÇFV’ni etkiler. Yayınlanmış makaleler yoluyla üretilen bilimsel bilgi
ve ABD üniversiteleri tarafından verilen doktoralar eğitim bileşenleri
olarak düşünüldü. Doğumda beklenen yaşam süreside sağlıklı milletin
bir göstergesidir. ABD’nin özel sektör ÇFV’sini açıklayan etkenleri
Esnek EKK kullanarak analiz edildi ki bu yöntem analizcinin hangi
katsayıların değiştiğini ve değişimin büyüklüğünü belirlemesine imkân
sağlar. Sonuçlar belirtilen değişkenlerin dışsallıklara sahip olduğunu ve
ÇFV’ni pozitif etkilediğini göstermektedir

Anahtar Kelimeler

Çoklu Faktör Verimliliği, Zamanla Değişen

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