Granger Causality Between Life Expectancy, Education and Economic Growth in OECD Countries
Suna Korkmaz () and
Ibrahim Kulunk ()
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Suna Korkmaz: Faculty of Economics and Administrative Sciences, Bandırma Onyedi Eylul University, Bandırma, Turkey
Ibrahim Kulunk: Graduate School of Social Sciences, Balikesir University, Balikesir, Turkey
Economic Research Guardian, 2016, vol. 6, issue 1, 1-17
Abstract:
A series of researchers have discussed the relationship between human development index and economic growth since Mercantilist times. Education, health and life expectancy are some of the most commonly used indicators of the human development index. This study examines the higher education schooling rate, economic growth and life expectancy at birth in 10 selected OECD countries, using data from 2007-2013. A panel causality test is conducted to reveal the relationship between higher education schooling rate, life expectancy at birth and economic growth, showing a unidirectional causality relationship from economic growth to higher education schooling rate and life expectancy at birth.
Keywords: Schooling Rate; Life Expectancy at Birth; Economic Growth; Panel Causality Test (search for similar items in EconPapers)
JEL-codes: C12 C23 I15 I25 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:6:y:2016:i:1:p:1-17
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