HIGHER EDUCATION AND ECONOMIC GROWTH: AN EMPRICAL INVESTIGATION OF COINTEGRATION AND CAUSALITY FOR TURKISH ECONOMY

Yıl 2010, Sayı: 36, 1 - 14, 20.05.2015

Ekrem Erdem Can Tuğcu

Öz

Recently, studies about the effects of higher education on economic growth in developing countries are taking more attention. In this paper, long-run and causal relationships between higher education and economic growth in Turkish economy over 1970–2008 period were analysed. For this purpose, two higher education indicators were regressed over real GDP using ARDL (Autoregressive Distributed Lag) bounds testing approach and the causality between these variables was investigated by Dolado and Lütkepohl’s style Granger causality test. Results showed that, higher education is cointegrated to economic growth and either higher education or economic growth has significant causal effects on each other.

Anahtar Kelimeler

Higher Education, Economic Growth, Cointegration, Causality.

YÜKSEKÖĞRETİM VE EKONOMİK BÜYÜME: TÜRK EKONOMİSİ İÇİN BİR EŞBÜTÜNLEŞME VE NEDENSELLİK ARAŞTIRMASI

Öz

Son yıllarda gelişmekte olan ülkelerde yüksek öğretimin ekonomik büyüme üzerindeki etkilerini konu alan çalışmalar daha fazla ilgi çekmektedir. Bu çalışmada Türk ekonomisinde 1970-2008 döneminde yüksek öğretim ve ekonomik büyüme arasındaki uzun dönemli ve nedensel ilişkiler analiz edilmiştir. Söz konusu amaç için iki yüksek öğretim göstergesi ARDL sınır testi yaklaşımı kullanılarak reel GSYİH üzerine regrese edilmiş ve değişkenler arasındaki nedensellik ilişkisi Dolado ve Lütkepohl tarzı Granger nedensellik testi ile araştırılmıştır. Sonuçlar Türk ekonomisinde yüksek öğretim ile ekonomik büyümenin eşbütünleşik ve hem yüksek öğretimin hem de ekonomik büyümenin birbirleri üzerinde anlamlı nedensel etkileri olduğunu göstermiştir

Anahtar Kelimeler

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Kaynakça

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