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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2008.5
- 수록면
- 113 - 139 (27page)
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초록· 키워드
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The aim of this paper is to measure total factor productivity (TFP) growth in Korea without taking into account quality differences in the labor factor. Therefore, assuming that Lucas (1988) theory of endogenous growth is correct, the standard TFP measure will be overestimated and will include the contribution of human capital to economic growth. Hence, regressing the TFP growth against a proxy of human capital (average years of schooling) will estimate the impact of education on the economic growth of Korea. The main result of the study shows that between 1980 and 2004 the Korean economy grew at an annual rate of 6.7% and human capital accumulation accounted for 1.3 percentage points of that rate.
목차
1. INTRODUCTION
2. GROWTH ACCOUNTING IN THE NEOCLASSICAL THEORY OF GROWTH
3. ESTIMATING TOTAL FACTOR PRODUCTIVITY IN KOREA
4. MEASURING THE IMPACT OF EDUCATION ON THE ECONOMIC GROWTH OF SOUTH KOREA
5. CONCLUSION
APPENDIX
REFERENCES
참고문헌 (9)
참고문헌 신청
Bank of Korea , 2005 , National Accounts , http:, , ecos.bok.or.kr,
Barro, Robert J. , 1991 , Economic Growth in a Cross Section of Countries , Quarterly Journal of Economics 106 (2) : 407 ~ 443
Barro, Robert J. , 2001 , Human Capital and Growth , The American Economic Review 91 (2) : 12 ~ 17
Barro, Robert J. , 1996 , International Measures of Schooling Years and Schooling Quality , The American Economic Review 86 (2) : 218 ~ 223
Barro, Robert J. , 2001 , International Data on Educational Attainment: Updates and Implications , Oxford Economic Papers 53 (3) : 541 ~ 563
Barro, Robert J. , 2001 , Human Capital and Growth , The American Economic Review 91 (2) : 12 ~ 17
Barro, Robert J. , 1996 , International Measures of Schooling Years and Schooling Quality , The American Economic Review 86 (2) : 218 ~ 223
Barro, Robert J. , 2001 , International Data on Educational Attainment: Updates and Implications , Oxford Economic Papers 53 (3) : 541 ~ 563
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UCI(KEPA) : I410-ECN-0101-2009-320-014773619