Education, growth and technology diffusion

Tobias Heinrich ()
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Tobias Heinrich: University of Freiburg

Economics Bulletin, 2012, vol. 32, issue 1, 866-870

Abstract: This paper tests the Nelson-Phelps hypothesis with recently developed panel cointegration tests and new cross-country datasets. The empirical results give evidence that all types of education are important for TFP growth and that there is an interaction between education and the distance to the technology frontier. However, the analysis of sub samples of the data indicates that the evidence of the Nelson-Phelps hypothesis is only convincing for developing countries whereas the evidence for developed countries is rather weak.

Keywords: Education; TFP growth; Technology Diffusion; Panel cointegration (search for similar items in EconPapers)
JEL-codes: O3 O5 (search for similar items in EconPapers)
Date: 2012-03-13
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Citations: View citations in EconPapers (1)

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