Economic growth as a function of human capital, internet and work

Martha Jiménez, Jaime Arturo Matus, Miguel Angel Martínez

Research output: Contribution to journalArticlepeer-review

9 Scopus citations

Abstract

The World Bank has suggested the need to enhance Information and Communication Technology skills in all sectors because a 10% increase in internet connectivity was found to boost GDP growth by 1.38%. Simultaneously, the OECD argued that high internet access rates generate a 2% increase in GDP. Because the internet positively affects economic growth, we investigated the relationship between an economically active population, human capital and technology to evaluate these effects in Mexico. A data series from 1991 to 2010 was analysed in three stages according to the least-squares method. A Cobb-Douglas function under the Solow model was considered. Technology and internet access were found to positively affect top-level students and graduate students and thus contribute to the global innovation index.

Original languageEnglish
Pages (from-to)3202-3210
Number of pages9
JournalApplied Economics
Volume46
Issue number26
DOIs
StatePublished - Sep 2014

Keywords

  • economic growth
  • education
  • human capital
  • internet

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