Uyarlanmış Solow ve Uzawa-Lucas Modelleri Çerçevesinde İnsan Sermayesi-Ekonomik Büyüme İlişkisinin Karşılaştırılması

Son yıllarda insan sermayesi ve ekonomik büyüme ilişkisinin önemi vurgulanmaktadır ve ampirik çalışmalar genellikle bu ilişkinin pozitif olduğunu bulmakta fakat bazı çalışmalar tersini söylemektedir. Bu çalışmada, insan sermayesi ve ekonomik büyüme arasındaki ilişki Avrupa Birliği ülkeleri ve aday ülkeler için panel veri analizi kullanılarak analiz edilmiştir. Dahası, 1998-2016 döneminde hangi modelin Avrupa Birliği ülkeleri ve aday ülkelerin büyüme deneyimi için uygun olduğu incelenmiştir. Bu bakımdan Mankiw, Romer ve Weil’in Uyarlanmış Solow Modeli ve Uzawa-Lucas Modeli karşılaştırılmıştır. Her iki model de geniş uygulama alanlarına sahip olduklarından önemlidir. Çalışma sonuçlarına göre insan sermayesi birikimi ekonomik büyüme üzerinde önemli bir role sahiptir. Bu etki aday ülkeler için daha da yüksek bulunmuştur.

Anahtar Kelimeler:

Uyarlanmış Solow Modeli, Uzawa-Lucas Modeli, Ekonomik Büyüme, İnsan Sermayesi

Comparison of Human Capital and Economic Growth Relation in the Augmented Solow and Uzawa-Lucas Models Framework

In the recent years, the importance of the comparison between human capital and economic growth have been underlined and empirical studies generally find this relationship positive while some studies say to the opposite. In this paper, comparison between human capital and economic growth have been studied for the European Union and candidate countries by using panel data analysis. Furthermore, the study investigates that which model is compatible with the European Union and candidate countries’ growth experience in 1998 to 2016 period. In this regard, Mankiw, Romer and Weil’s Augmented Solow Model and Uzawa-Lucas Model are being compared. Both models are important, as they have wide empirical fields. According to the study, human capital accumulation has an important role on economic growth. This effect is found to be more significant for candidate countries.

Keywords:

Augmented Solow Model, Uzawa-Lucas Model, Economic Growth, Human Capital,

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