Higher education and economic growth: The importance of innovation

Artikel

Higher education is considered as an engine for development and growth in the knowledge society, because of its benefits to boost research, knowledge and technological innovation. This paper examines the relation between innovation, higher education and economic growth during the 1996-2014 period in the case of developed and developing countries. The cointegration relationship between series was examined by using panel cointegration test developed by Pedroni (1999, 2004) and Kao (1999). As a result of the empirical analysis, cointegration relationship between the series was determined. The results provide also evidence of a positive effect of innovation in tertiary education on economic growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Atlantic Review of Economics (ARoEc) ; ISSN: 2174-3835 ; Volume: 1 ; Year: 2018 ; Issue: 2 ; A Coruña: Colegio de Economistas de A Coruña

Classification and Topics

• Classification: Wirtschaft ; Innovation and Invention: Processes and Incentives ; Higher Education; Research Institutions ; Economic Growth and Aggregate Productivity: General ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
• Subject: Economic growth ; Higher education ; Innovation ; R&D ; Panel cointegration ; DOLS

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bouhajeb, Mabrouka ; Mefteh, Haifa ; Ben Ammar, Rania
• Event: Veröffentlichung
• (who): Colegio de Economistas de A Coruña
• (where): A Coruña
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/213791
• Last update: 10.03.2025, 11:42 AM CET