The Relationship between Education and Economic Growth in Turkey: Sims and Toda-Yamamoto Causality Analyses
ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES, cilt.11, sa.2, ss.7-24, 2016 (ESCI, TRDizin)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 11 Sayı: 2
- Basım Tarihi: 2016
- Dergi Adı: ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES
- Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), TR DİZİN (ULAKBİM)
- Sayfa Sayıları: ss.7-24
- Karadeniz Teknik Üniversitesi Adresli: Evet
Özet
The relationship between economic development (GDP) and the number of graduate students from highschool-university have been analyzed by using Sims, modified Sims, Toda-Yamamoto causality, variance decomposition analyses and impulse-response functions from 1950 to 2012 period in Turkey. Alternative causality tests show that there is a positive uni-directional causalit running from the GDP to the number of graduated university students and from the graduated regular and vocational high schools students to the GDP.