Abstract
Education investment is recognized as a main factor of the economic growth at all times. The paper estimates the contribution concerning Taiwan¡¦s public education investment to economic growth, based on Lucas¡¦s endogenous economic growth theory and Johansen¡¦s statistic analysis of cointegration vector. There are 37 annual data from 1964 to 2000, measuring the price index in 1996 base year. The conclusion shows having a set of cointegration vector and long run positive equilibrium relation between education investment and economic growth. The mentioned contribution reaches up to 38¢Mhigh. Therefore, education is the most important investment for countries, also being the best choice on individual investment.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0203104-141703 |
| Date | 03 February 2004 |
| Creators | Yen, Hung-cheng |
| Contributors | Shan-non Chin, Ming-jang Weng, Ching-nun Lee |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0203104-141703 |
| Rights | not_available, Copyright information available at source archive |
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