Araştırma Makalesi

The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries

Cilt: 18 Sayı: 3 1 Aralık 2023
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The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries

Öz

The aim of the current study is to analyze the effect of education and health as the main elements of human capital on global competition in Organization for Economic Co-operation and Development (OECD) countries using the Granger Panel Causality Test. Accordingly, in the application part of the study, with the data obtained from the World Economic Forum (WEF), the World Bank (WB), the United Nations Educational, Scientific and Cultural Organization (UNESCO) and the World Health Organization (WHO) databases, a panel data set was established for 18 OECD countries for which healthy data could be reached for the period of 2004-2018. As a result of the analysis, a causality relationship was determined between each variable representing education and health as the basic elements of human capital and the global competition for short term. When the results of the Westerlund (2007) panel cointegration test were examined, it was seen that there is a long-term relationship between the Global Competitiveness Index (gci) variable and all the other variables except for variables h1 and h2.

Anahtar Kelimeler

Kaynakça

  1. Aghion, P.; Howitt, P. (1992), “A model of growth through creative destruction”, Econometrica, 60(2): 323-351. https://doi.org/10.2307/2951599
  2. Altay, A.; Pazarlıoğlu, M. V. (2007), “Uluslararası rekabet gücünde beşeri sermaye: ekonometrik yaklaşım”, Selçuk Üniversitesi Karaman İ. İ. B. F. Dergisi, 12, 96-108.
  3. Atik, İ. (2018), “Nitelikli işgücü için etkin mesleki eğitim konusuna çözüm olarak fen, teknoloji, mühendislik, matematik (FTMM) eğitimi”, Yükseköğretim ve Bilim Dergisi, 8(2): 254-263.
  4. Awan, A. G. (2012), “Diverging trends of human capital in BRIC countries”, International Journal of Asian Social Science, 2(12): 2195-2219.
  5. Barro, R. J. (1990), “Government spending in a simple model of endogenous growth”, Journal of Political Economy, 98(5): 103-125.
  6. Becker, G. S. (1994), “Human capital: A theoretical and empirical analysis with special reference to education”, Chicago: University of Chicago Press.
  7. Berkman, K. (2008), “Beşeri sermayenin ekonomik büyüme üzerine etkisi: Türkiye örneği”, Master’s Thesis.
  8. Blomquist, J.; Westerlund, J. (2013), “Testing slope homogeneity in large panels with serial correlation”, Economics Letters, 121(3): 374-378. https://doi.org/10.1016/j.econlet.2013.09.012

Ayrıntılar

Birincil Dil

İngilizce

Konular

Panel Veri Analizi

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

1 Aralık 2023

Gönderilme Tarihi

6 Nisan 2023

Kabul Tarihi

6 Temmuz 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 18 Sayı: 3

Kaynak Göster

APA
Sain, K., & Bozkurt, K. (2023). The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, 18(3), 766-791. https://doi.org/10.17153/oguiibf.1278550
AMA
1.Sain K, Bozkurt K. The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;18(3):766-791. doi:10.17153/oguiibf.1278550
Chicago
Sain, Kadir, ve Kurtuluş Bozkurt. 2023. “The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 18 (3): 766-91. https://doi.org/10.17153/oguiibf.1278550.
EndNote
Sain K, Bozkurt K (01 Aralık 2023) The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 18 3 766–791.
IEEE
[1]K. Sain ve K. Bozkurt, “The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries”, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, c. 18, sy 3, ss. 766–791, Ara. 2023, doi: 10.17153/oguiibf.1278550.
ISNAD
Sain, Kadir - Bozkurt, Kurtuluş. “The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 18/3 (01 Aralık 2023): 766-791. https://doi.org/10.17153/oguiibf.1278550.
JAMA
1.Sain K, Bozkurt K. The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2023;18:766–791.
MLA
Sain, Kadir, ve Kurtuluş Bozkurt. “The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, c. 18, sy 3, Aralık 2023, ss. 766-91, doi:10.17153/oguiibf.1278550.
Vancouver
1.Kadir Sain, Kurtuluş Bozkurt. The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 01 Aralık 2023;18(3):766-91. doi:10.17153/oguiibf.1278550