INSTITUTIONS, GOVERNMENT STABILITY AND HUMAN CAPITAL ACCUMULATION

Autores

  • Kezia de Lucas Bondezan Universidade Estadual de Maringá
  • Francisco José Veiga Universidade do Minho
  • Joilson Dias Universidade Estadual de Maringa

DOI:

https://doi.org/10.25070/rea.v17i2.7927

Resumo

The objective of this paper is to study the influence of institutional quality on the human capital accumulation process. This paper builds on prior theoretical developments which establish a micro-foundation link between human capital accumulation and institutional quality. Using a panel data series from 1960 to 2010, we observe that political instability and institutional quality do affect long-term human capital accumulation. Greater political stability and better institutions clearly foster human capital growth, thus promoting economic growth and prosperity.

Downloads

Não há dados estatísticos.

Biografia do Autor

Kezia de Lucas Bondezan, Universidade Estadual de Maringá

Possui graduação em Economia pela Universidade Estadual de Maringá (2003) e mestrado em Economia pela Universidade Estadual de Maringá (2006). Doutorado em Economia pela Universidade Estadual de Maringá (2014) com Doutorado Sanduiche na Universidade do Minho em Portugal (2013). Professora adjunta na Universidade Estadual de Maringá. Tem experiência na área de Economia, com ênfase em Economia, atuando principalmente nos seguintes temas: pobreza, renda,crescimento econômico, capital humano e instituições.

Francisco José Veiga, Universidade do Minho

Departamento de Economia, Universidade do Minho - Portugal

Joilson Dias, Universidade Estadual de Maringa

Professor titular do Programa de Pós Graduação da Universidade Estadual de Maringa

Referências

Acemoglu, D., Johnson, S., Robinson, J.A., Yared, P., 2005. From education to democracy? The American Economic Review: Papers and Proceedings 95 (2), 44–49.
Aisen A., Veiga F. J., 2013. How does political instability effect economic growth? European Journal of Political Economy 29, 151-167.
Arellano, M., Bond, S.R., 1991. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies 58, 277–297.
Arellano, M., Bover, O., 1995. Another look at the instrumental variable estimation of error-components models. Journal of Econometrics 68, 29–51.
Coe, D.T., Helpman, E., Hoffmaister, A.W., 2009. International R&D spillovers and institutions. European Economic Review 53, 723–741.
Dias, J., McDermott, J., 2006. Education, institutions, and growth: the role of entrepreneurs. Journal of Development Economics 80, 299–328.
Dias, J., E. Tebaldi, 2012. Institutions, human capital and growth: The institutional mechanism. Structural change and Economic Dynamics 23, 300-312.
Glaeser, E.L., La Porta, R., Lopes-de-Silanes, F., Shleifer, A., 2004. Do institutions cause growth? Journal of Economic Growth 9 (1), 271–303.
Gyimah-Brempong, K., Camacho, S., 1998. Political instability, human capital, and economic growth in Latin America. Journal of Developing Areas 32, 449–466.
Hall, R.E., Jones, C.I., 1999. Why some countries produce so much more output per worker than others? The Quarterly Journal of Economics 114 (1), 83–117.
Hansen, L., 1982. Large sample properties of generalized method of moments estimators. Econometrica, 50(3), 1029-1054.
Kenny, C., Williams, D., 2001. What do we know about economic growth? or, why don’t we know very much? World Development 29 (1), 1–22.
Lipset, S.M., 1960. Political Man. Doubleday Company, Inc., NY, Available at: http://www.questia.com/PM.qst?a=o&d=23560876.
Lucas, R., 1988. On the mechanics of economic development. Journal of Monetary Economics 22, 3–42.
Seck, A., 2011. International technology diffusion and economic growth: Explaining the spillover benefits to developing countries.Structural Change and Economic Dynamics, 23(4), 437-451.
Tebaldi, E., Elmslie, B., 2013. Does institutional quality impact innovation? Evidence from cross-country patent grant data. Applied Economics 45 (7), 887–900 (available online: 24 October 2011).
Uzawa, H., 1965. Optimum technical change in an aggregative model of economic growth? American Economic Review 6 (1), 18–31.
Wooldridge, J., 2002. Econometric Analysis of Cross Section and Panel Data. The MIT Press.

Downloads

Publicado

2019-12-14

Como Citar

Bondezan, K. de L., Veiga, F. J., & Dias, J. (2019). INSTITUTIONS, GOVERNMENT STABILITY AND HUMAN CAPITAL ACCUMULATION. Revista De Economia E Agronegócio, 17(2), 255–271. https://doi.org/10.25070/rea.v17i2.7927

Edição

v. 17 n. 2 (2019): Especial Macroeconomia e Desenvolvimento

Seção

Edição Especial - Macroeconomia e Desenvolvimento

Licença

Autores que publicam nesta revista concordam com os seguintes termos:

O artigo não infringe direitos autorais e estes direitos, no caso de o artigo ser aceito para publicação, serão cedidos, de forma exclusiva, à Universidade Federal de Viçosa.