CAUSALITY TEST BETWEEN HUMAN CAPITAL AND PHYSICAL CAPITAL FOR JAPAN, INDIA AND INDONESIA BETWEEN THE PERIOD OF 1890 AND 2000

Fiziksel sermaye ile beşeri sermaye arasındaki tamamlayıcı bir ilişkinin olduğunu gösterir güçlü nedenler vardır ve bunun veriler tarafından da desteklenip desteklenmeyeceğine odaklanmaya çalışmaktayız. Bu nedenle de 1890- 2000 yılları arası veriler için Hindistan, Endonezya ve Japonya için fiziksel sermaye ve beşeri sermaye yatırımları arasında nedensellik ilişkisi varmıyı test etmeyi amaçladık. Bu üç ülke hem beşeri sermaye bakımından hem de teknolojik etkilenme bakımından dışsal etkilere daha yatkın olduklarından şeçilmişlerdir. Ölçümlememiz sonunda zayıfta olsa bir nedensellikten sözedilebileceği sonucuna vardık. Nedensellik Japonya için biraz daha net ifade edilebilir. Bu belki de Japonyanın daha planlı bir ekonomi olmasındandır. Ancak diğer iki ülke için nedensellik net değildir.

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Causality Test Between Human Capital And Physical Capital For Japan India And Indonesia Between The Period Of 1890 And 2000

There are very strong reasons to believe that there is a complementary interaction between physical and human capital and whether this can be supported by data is tested Thus the aim of our study is to test for causality between investment in physical and human capital for India Indonesia and Japan between the period of 1890 to 2000 These three countries were subordinate to exogenous influences both in technology and human capital development Very weak causality has been found It may be said that it is little clearer for Japan This may be because of the fact that Japan is much better organized and planed economy than the others However for the rest it is not so clear at all Keywords: Unit root; Economic growth; Physical capital Human capital complementarities between physical and human capital and Granger causality error correction mechanism

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