A Spillover Effect of Human Capital on Gross Capital Formation: A Quantile Regression Approach

dc.contributor.authorOzdemir, Onur
dc.date.accessioned2024-09-11T19:52:55Z
dc.date.available2024-09-11T19:52:55Z
dc.date.issued2023
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractThe major aim of this paper is to examine the extent to which human capital spillover effects are responsive to different quantiles of gross capital formation across selected 19 OECD countries for the period 1980-2017. We develop an endogenous model for estimating the spillover effects on investment regarding the bargaining power of workers. In this sense, different quantile regression models are applied to analyze this miscellaneous linkage and to correct possible diagnostic problems stemming from the endogenous regressors. The empirical results suggest that there are statistically significant spillover effects of human capital on investment level due to a change in the degree of threat option of capital and thereby a decrease in bargaining power of labor. Moreover, the findings reveal the fact that there is significant heterogeneity of human capital spillovers across different quantiles, which means that lowest quartile of investment activities are confronted with higher value of spillovers.en_US
dc.identifier.doi10.2478/zireb-2023-0004
dc.identifier.endpage96en_US
dc.identifier.issn1331-5609
dc.identifier.issn1849-1162
dc.identifier.issue1en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage77en_US
dc.identifier.urihttps://doi.org/10.2478/zireb-2023-0004
dc.identifier.urihttps://hdl.handle.net/11363/8045
dc.identifier.volume26en_US
dc.identifier.wosWOS:001004885100004en_US
dc.identifier.wosqualityQ4en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherWalter De Gruyter Gmbhen_US
dc.relation.ispartofZagreb International Review of Economics & Businessen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.snmz20240903_Gen_US
dc.subjectHuman Capitalen_US
dc.subjectGross Capital Formationen_US
dc.subjectInvestmenten_US
dc.subjectSpillover Effecten_US
dc.subjectQuantile Regressionen_US
dc.titleA Spillover Effect of Human Capital on Gross Capital Formation: A Quantile Regression Approachen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Yükleniyor...
Küçük Resim
İsim:
Makale / Article
Boyut:
895.75 KB
Biçim:
Adobe Portable Document Format