Human capital and innovation: evidence from panel cointegration tests

AUTOR(ES)

Joiozo, Renato

DATA DE PUBLICAÇÃO

22/02/2010

RESUMO

Panel cointegration techniques applied to pooled data for 27 economies for the period 1960-2000 indicate that: i) government spending in education and innovation indicators are cointegrated; ii) education hierarchy is relevant when explaining innovation; and iii) the relation between education and innovation can be obtained after an accommodation of a level structural break.

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