EconPapers    
Economics at your fingertips  
 

The long-run Relationship between Human Capital and Economic Growth in Sweden

Ahmed Mohammed Awel ()

MPRA Paper from University Library of Munich, Germany

Abstract: The relationship between education and economic growth has been one of the fundamental themes of economic analysis. Despite the growing interest in the relationship between growth and education, and despite the strong theoretical foundations for a key role of education/human capital in economic growth, the empirical evidences, particularly those using causality analyses, are fragile at best. By utilizing the recently developed series of human capital, this paper examined the causal relationship between human capital and economic growth for Sweden over the period 1870-2000. The result from the Granger causality test shows that there is bidirectional causality running from human capital to output per worker and vice versa. Moreover, using vector error correction model, the paper shows that human capital has a significant positive impact on economic growth in Sweden.

Keywords: education; human capital; economic growth (search for similar items in EconPapers)
JEL-codes: I21 I25 O15 O41 (search for similar items in EconPapers)
Date: 2013-03
New Economics Papers: this item is included in nep-edu, nep-fdg and nep-hrm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/45183/1/MPRA_paper_45183.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:45183

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2021-07-19
Handle: RePEc:pra:mprapa:45183