The Effect of Education and Health as Fundamentals of Human Capital on Global Competition: A Panel Data Analysis on OECD Countries

Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi Pub Date : 2023-12-01 DOI:10.17153/oguiibf.1278550

Kadir Sai̇n, Kurtuluş Bozkurt

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Abstract

The aim of the current study is to analyze the effect of education and health as the main elements of human capital on global competition in Organization for Economic Co-operation and Development (OECD) countries using the Granger Panel Causality Test. Accordingly, in the application part of the study, with the data obtained from the World Economic Forum (WEF), the World Bank (WB), the United Nations Educational, Scientific and Cultural Organization (UNESCO) and the World Health Organization (WHO) databases, a panel data set was established for 18 OECD countries for which healthy data could be reached for the period of 2004-2018. As a result of the analysis, a causality relationship was determined between each variable representing education and health as the basic elements of human capital and the global competition for short term. When the results of the Westerlund (2007) panel cointegration test were examined, it was seen that there is a long-term relationship between the Global Competitiveness Index (gci) variable and all the other variables except for variables h1 and h2.

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教育和健康作为人力资本的基本要素对全球竞争的影响：经合组织国家的面板数据分析

本研究的目的是利用格兰杰面板因果检验法，分析作为人力资本主要要素的教育和健康对经济合作与发展组织（经合组织）国家全球竞争的影响。因此，在研究的应用部分，利用从世界经济论坛（WEF）、世界银行（WB）、联合国教育、科学及文化组织（UNESCO）和世界卫生组织（WHO）数据库中获得的数据，为 18 个能够获得 2004-2018 年期间健康数据的经合组织国家建立了面板数据集。分析结果表明，作为人力资本基本要素的教育和健康与全球短期竞争之间存在因果关系。对 Westerlund（2007）的面板协整检验结果进行研究后发现，除变量 h1 和 h2 外，全球竞争力指数（gci）变量与所有其他变量之间存在长期关系。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi

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