International Learning Spillover and Economic Growth
| Autor: | Lin, Chang-Liang, 林昌亮 |
|---|---|
| Rok vydání: | 1996 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 84 Title oF Thesis: International Learning Spillover Total Page: 75 And Economic Growth －－ A Case Study oN Taiwan Applying Cointegration AnalysisKeywords: endogenous economic growth，Spillover，Human cApital， International learning effect，CointegrationName oF Institute: Graduate Institute oF Money Banking And FinanceGraduate Date: June, 1996 Degree Conferred: MasterName oF Student: Lin, Chang-Liang Advisor: Dr. Chuang, Shi-Feng 林昌亮 莊希豐abstract:The only explanation interpreting the long-run Economic growth, in theneo-classical growth theory, is formed by the increase of the exogenousproductive factors supply and the exogenous change. It predicts thatthe different economic growth among countries will disappear in longrun. The difference, however, does exit.Romer (1986) placed the improvement into his model. He discussed economicgrowth by "learning by doing" concept. He thought the endogenous factor canbe completed by accumulation of knowledge. The economic growth theory havearrived a new epoch.Chou (1995) built a model with endogneous international technical changewhich includes explicitly the human capital and knowledge as crucial inputin the aggregate production function. Moreover, he linked foreign humancapital stock and domestic knowledge accumulation, by way of increasedforeign human capital to affect domestic economic growth (spillover effect).In his viewpoint, the frequency of student interchange, technical staffexchange or international trade commodity interflow would make a internationallearning spillover. This is what this project will try to find and adduceeconomic growth of Taiwan.we selected first US the large number not only the study abroad studentsbut also trade value to examine the educational inputs (human capital inputs)of the US and the economic growth of Taiwan. Then, as data available, willtest the spillover among other countries.The empirical include two results.First, there is a positive and long-run equilibrium between domestic humancapital input and economic growth of Taiwan. Second, there is a positive andlong-run equilibrium between the foreign human capital input and the economicgrowth of Taiwan.The experiment method is the cointegration concept developed by Johansen (1988).The statistic software is Cats (1995 edited) in Rats. |
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