ARTICLE
TITLE

Does Education Affect Economic Growth in Turkey? A Causality Analysis

SUMMARY

AbstractThis study attempts to examine empirically the relations between economic growth and education for Turkey in the period from 1950 through 2012 by using Standard Granger causality, Hsiao version of Granger causality and Dolado-Lütkepohl VAR causality analyses. Econometric findings imply that there is one-way (positive) causality from the economic growth to the number of students completing university and one-way (positive) causality from the number of students completing vocational high school and the number of students completing high school to the economic growth.Keywords: Turkey, Growth, Education, Causality, VARJEL Classification Codes: C22, I21, O11, I25

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