Temporal Causality between Human Capital and Real Income in Cointegrated VAR Processes: Empirical Evidence from China, 1960-1999
International Journal of Business and Economics, Vol. 3, No. 1, pp. 1-11, 2004
Posted: 16 Jun 2012
Date Written: 2004
Abstract
This article examines the causal relationship between human capital and real income using data for China from 1960 to 1999. In the long run there is unidirectional Granger causality running from human capital to real income, while in the short run there is unidirectional Granger causality running from real income to human capital.
Suggested Citation: Suggested Citation
Narayan, Paresh Kumar and Smyth, Russell, Temporal Causality between Human Capital and Real Income in Cointegrated VAR Processes: Empirical Evidence from China, 1960-1999 (2004). International Journal of Business and Economics, Vol. 3, No. 1, pp. 1-11, 2004, Available at SSRN: https://ssrn.com/abstract=2084932
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