The Nexus Between Education Investments and Local Economic Growth in Turkey: Regional Dynamic Panel Causality Analysis
Journal Title: The Journal of International Scientific Researches - Year 2017, Vol 2, Issue 8
Abstract
This study examines the nexus between education investments and economic growth in Turkey. Although there are many studies examine the nexus between education investments and economic growth at the country level, the local level examines are very limited. Therefore in this study the nexus between education investments and economic growth is tested by Dynamic Panel Causality Analysis on Turkey’s provinces for the 2004-2014 period. According to the findings of this study, there is a bidirectional causal nexus between education investments and economic growth in the whole provinces. At the same time, the nexus and direction of nexus between education investments and regional economic growth being differentiated when provinces are divided into different subgroup based on socio-economic development levels.
Authors and Affiliations
Mürşit Recepoğlu, Mustafa Zuhal
Keywords
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