Economic growth in Colombia: an empirical approximation founded in human capital (1960-2009)

The aim of this paper is to specify an empirical model based on theoretical arguments, quantifying the influence of human capital, measured through a set of variables that reflect the health and education behavior on the outcome of economic growth observed for Colombia, between 1960 and 2009. The au...

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Autores:
Tipo de recurso:
http://purl.org/coar/resource_type/c_6991
Fecha de publicación:
2014
Institución:
Universidad Pedagógica y Tecnológica de Colombia
Repositorio:
RiUPTC: Repositorio Institucional UPTC
Idioma:
spa
eng
OAI Identifier:
oai:repositorio.uptc.edu.co:001/11909
Acceso en línea:
https://revistas.uptc.edu.co/index.php/cenes/article/view/3099
https://repositorio.uptc.edu.co/handle/001/11909
Palabra clave:
economic growth
health
education
human capital.
Crecimiento económico
salud
educación
capital humano.
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License
Copyright (c) 2014 Maria Esperanza Cuenca-Coral, Ignacio Penagos-Montoya
Description
Summary:The aim of this paper is to specify an empirical model based on theoretical arguments, quantifying the influence of human capital, measured through a set of variables that reflect the health and education behavior on the outcome of economic growth observed for Colombia, between 1960 and 2009. The authors review the literature on economic growth and human capital, represented by health and education, so that, with the sources of information available in Colombia, they do a selection of data that allows the collection of variables that reflect and quantify the transmission channels suggested by existing theory. Finally, they specify an empirical model that estimates the theoretical relationship between human capital and economic growth.