Η Τριτοβάθμια Εκπαίδευση και η Υγεία επιδρούν στην Οικονομική Μεγέθυνση των Περιφερειών; Εμπειρική απόδειξη από την Ελλάδα την περίοδο 1995-2010

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Published: May 11, 2017
DOI: https://doi.org/10.12681/elrie.794
Keywords:
Higher Education Health Economic Growth Regions
Αναστάσιος Καραθεόδωρος
Κωνσταντίνος Τσαμαδιάς
Χαροκόπειο Πανεπιστήμιο, Πανεπιστήμιο Θεσσαλίας
Abstract

This study empirically investigates the causal short-run and long-run relationship between higher education, health, physical capital and GDP per worker in Greek regions, over the period 1995-2010. It applies the extended neoclassical methodology-model introduced by Mankiw, Romer and Weil (1992) and uses panel data. Higher education proxied with enrolment rates while health with the number of medical doctors per 10.000 inhabitants. The empirical analysis reveals in the long-run period that there exists a bidirectional causality between all the variables. Furthermore, in the short-run period there exists a unidirectional causality from GDP per worker to higher education and from health to physical capital, while there exists a bidirectional causality between higher education and health. The coefficient of elasticity (estimated with the method of DOLS) of GDP per worker with respect to the quantity of higher education varies from 0.04 to 0.08, with respect to the quantity of health varies from 0.17 to 0.37 and with respect to physical capital varies from 0.05 to 0.08. The findings indicate that the quantities of higher education, health and physical capital had a positive contribution to regional economic growth during the period 1995-2010.

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Author Biographies
Αναστάσιος Καραθεόδωρος
Υποψήφιος Διδάκτωρ, Χαροκόπειο Πανεπιστήμιο
Κωνσταντίνος Τσαμαδιάς, Χαροκόπειο Πανεπιστήμιο, Πανεπιστήμιο Θεσσαλίας
Ομότιμος Καθηγητής
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