Causality Test between Human Capital and Physical Capital for Japan India and Indonesia between the Period of 1890 and 2000
Posted: 5 Apr 2017
Date Written: January 20, 2016
Abstract
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.
Suggested Citation: Suggested Citation
Kalyoncu, Kahraman, Causality Test between Human Capital and Physical Capital for Japan India and Indonesia between the Period of 1890 and 2000 (January 20, 2016). Available at SSRN: https://ssrn.com/abstract=2719131
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