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Title: A time series analysis of achooling-growth causality in Turkey
Authors: Karagoz, Murat 
Sen, Ali 
Kocyigit, Ali 
Keywords: Εκπαίδευση--Τουρκία;Education--Turkey;Οικονομική ανάπτυξη--Τουρκία;Economic development--Turkey
Issue Date: 2006
Abstract: This paper attempts to examine the impact of education, together with gross capital stock, on the economic growth of Turkey for the time period 1960–2005. Education is broken down into the subcategories. Granger-causality tests are used to determine whether education, for each category, has a causal impact on growth. Furthermore, Johansen-cointegration test carried out to determine whether the causal results are spurious or not. The results indicate that while there is a meaningful causal relationship, there are evidences for co-linearity between the components of education levels and autocorrelation in the residuals. After some adjustments for these problems, it is found that in the long-run only primary schooling has but a lagged impact on the growth.
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