THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH: AN EMPIRICAL STUDY ON MIDDLE EASTERN COUNTRIES

Msc.Student Elveda ÖZDILEK; Prof.dr. Mahmut MASCA

doi:10.71235/rmee.180

Vol. 19 No. 1 (2020), Methodology

Vol. 19 No. 1 (2020)

THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH: AN EMPIRICAL STUDY ON MIDDLE EASTERN COUNTRIES

Methodology

https://doi.org/10.71235/rmee.180

Published 2020-03-30

Msc.Student Elveda ÖZDILEK⁺⁻
Prof.dr. Mahmut MASCA ⁺⁻

Msc.Student Elveda ÖZDILEK

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Prof.dr. Mahmut MASCA

Afyon Kocatepe University, Turkey

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Keywords

human capital
economic growth
panel data
Middle East

How to Cite

ÖZDILEK, M. E., & MASCA , P. M. (2020). THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH: AN EMPIRICAL STUDY ON MIDDLE EASTERN COUNTRIES. Review of Management and Economic Engineering, 19(1), 98. https://doi.org/10.71235/rmee.180

Abstract

Human capital has begun to take place in the growth models after the Second World War with the change of traditional capital. Human capital expressing knowledge, skills and experience of individuals is closely related to both development and growth of countries. The aim of this study is to analyze the impact of human capital on economic growth. In this study, panel data analysis was performed by using data from the Middle East countries between 1993 and 2015. As a result of the analysis, the effect of total labor and capital formation on per capita income was negative, and the effect of education and health indicators included in the analysis as a human capital indicator was positive.

https://doi.org/10.71235/rmee.180

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This work is licensed under a Creative Commons Attribution 4.0 International License.

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THE IMPACT OF HUMAN CAPITAL ON ECONOMIC GROWTH: AN EMPIRICAL STUDY ON MIDDLE EASTERN COUNTRIES

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