The Impact of Education on Economic Growth in Guatemala: A Time-Series Analysis Applying an Error-Correction Methodology

U of Goettingen, Ibero-America Institute for Economic Research Discussion Paper No. 87

55 Pages Posted: 15 Apr 2003

See all articles by Josef Ludger Loening

Josef Ludger Loening

University of Goettingen (Gottingen) - Ibero-America-Institute for Economic Research

Date Written: June 2002

Abstract

This paper investigates the impact of human capital on economic growth in Guatemala through the application of an error-correction methodology. Two channels are analyzed, by which human capital is expected to influence growth. A better-educated labor force appears to have a positive and significant impact on economic growth both via factor accumulation as well as on the evolution of total factor productivity. The results have been found robust concerning data issues and parameter stability.

Keywords: Education, Growth, Econometrics, Guatemala

JEL Classification: I20, C22, C51, 054

Suggested Citation

Loening, Josef Ludger, The Impact of Education on Economic Growth in Guatemala: A Time-Series Analysis Applying an Error-Correction Methodology (June 2002). U of Goettingen, Ibero-America Institute for Economic Research Discussion Paper No. 87. Available at SSRN: https://ssrn.com/abstract=379982 or http://dx.doi.org/10.2139/ssrn.379982

Josef Ludger Loening (Contact Author)

University of Goettingen (Gottingen) - Ibero-America-Institute for Economic Research ( email )

Oeconomicum II/99
Platz der Goettinger Sieben 3
Goettingen, 37073
Germany
+49 (551) 39-8172 (Phone)
+49 (551) 39-8173 (Fax)

HOME PAGE: http://www.iai.wiwi.uni-goettingen.de

Register to save articles to
your library

Register

Paper statistics

Downloads
442
Abstract Views
2,168
rank
64,515
PlumX Metrics