Are There Separate Effects of Male and Female Higher Education on Economic Growth? Evidence from Greece

Panagiotis Pegkas and Constantinos Tsamadias ()
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Constantinos Tsamadias: Harokopio University of Athens

Journal of the Knowledge Economy, 2017, vol. 8, issue 1, No 13, 279-293

Abstract: Abstract The purpose of the study is to investigate the effect of male and female higher education on economic growth in Greece over the period 1975–2012. It applies the model introduced by Mankiw, Romer and Weil (1992) by using enrolment rates by gender, as a proxy of quantity of human capital. The paper employs co-integration, regression and causality analysis to test the relationship between male and female higher education, physical capital investments and economic growth. The empirical analysis reveals that there is no long-run co-integrating relationship between males and females with higher education, physical capital investments and economic growth. In the short run, the effects of males and females with higher education are statistically insignificant (coefficient of males and females is positive and negative, respectively). The findings also suggest that there is evidence of unidirectional short-run Granger causality running from males and females with higher education to economic growth.

Keywords: Gender enrolment rates; Higher education; Human capital; Economic growth; Greece (search for similar items in EconPapers)
JEL-codes: I21 I25 O40 O41 O47 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s13132-015-0286-z

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