學術產出-Theses

Article View/Open

Publication Export

Google ScholarTM

政大圖書館

Citation Infomation

  • No doi shows Citation Infomation
題名 人力資本與金融發展對經濟成長之影響
作者 林延霖
貢獻者 黃台心
林延霖
關鍵詞 經濟成長
translog生產函數
收斂假說
金融發展
人力資本
日期 2006
上傳時間 18-Sep-2009 15:58:42 (UTC+8)
摘要 本文探討人力資本及金融發展對經濟成長的影響,設定使用translog生產函數,以世界73個國家作為研究對象,樣本期間為1980~2000年共計21年,建立平衡縱橫資料,採用最大概似法估計各項係數,分析要素投入與經濟成長間的關係,及經濟體系中成長狀況是否符合「收斂假說」。最後,利用估出之係數,計算各類相關生產力指標。
主要的實證結果為,(1)除了實質資本外,人力資本與代表金融發展之代理變數實質貨幣餘額,皆對經濟成長具顯著性的影響;(2)經濟體系呈現發散的情形,結果支持內生成長理論;(3)資本、貨幣與人力資本之產量彈性平均值皆為正值,其中以資本的產量彈性最高;(4)經濟體系有發生技術進步的現象,且逐漸接近其生產邊界;(5)總要素生產力平均每年成長3.86%。
參考文獻 參考文獻
[1] 陳明郎 (1999),「經濟成長」, 華泰文化事業公司。
[2] Barro, Robert J. (1990b), “Government Spending a Simple Model of Endogenous Growth,” Journal of Political Economy, 98, 5, part II, S103-S125.
[3] Barro, Robert J. (1991), “Economic Growth in a Cross Section of Countries,” The Quarterly Journal of Economics, 106, 407-433.
[4] Barro, Robert J., and Jong-Wha Lee (1993), “International Comparisons of Educational Attainment,” Journal of monetary Economics, 32(3), 363-394.
[5] Barro, Robert J., and Xavier Sala-i-Martin (1992), “Convergence,” Journal of Political Economy, 100, 223-251.
[6] Battese, G. E. and T. J. Coelli (1992), “Frontier Productions, Technical Efficiency and Panel Data: With Application to Paddy Farmers in India,” Journal of productivity Analysis, 3, 153-169.
[7]Battese, G. E. and T. J. Coelli (1995), “A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data,” Empirical Economics, 20, 325-332.
[8] Baumol, William J. (1986), “Productivity Growth, Convergence and Welfare,” American Economic Review, 76, 1072-1085.
[9] Baumol, William J., Sue Blackman, Anne Batey and Edward N. Wolff (1989), “Productivity and American Leadership: The Long View,” The MIT Press, Cambridge, MA.
[10] Ben-David, Dan (1994), “Convergence Clubs and Diverging Economies,” Working Paper 922(CEPR, London) Feb.
[11]Berthelemy, J.C. and A. Varoudakis (1995). “Thresholds in Financial Development and Economic Growth,” Manchester School Of Economic And Social Studies, 63, 70-84.
[12] Cass, David (1965), “Optimal Growth in an Aggregate Model of Capital Accumulation,” Review of Economic Studies, 32, 233-240.
[13] DeLong, J. Bradford (1988), “Productivity Growth, Convergence, and Welfare: Comment,” American Economic Review, 78, 1138-1154.
[14] De Gregorio, J. and Pablo E. Guidotti (1992), “Financial Development and Economic Growth,” World Development, 23, 434-48.
[15] Domar, Evsey D. (1946), “Capital Expansion, Rate of Growth, and Employment,” Econometrica, 14, 137-147.
[16] Duffy, John and Chris Papageorgiou (2000), “A Cross-Country Empirical Investigation of the Aggregate Production Function Specification,” Journal of Economic Growth, 5, 87-120.
[17] Durlauf, Steven N. and Paul A. Johnson (1995), “Multiple Regimes and Cross-Country Growth Behavior,” Journal of applied Econometrics, 10, 365-384.
[18] Easterly, William, Michael Kremer, Lant Pritchett, and Lawrence H. Summers (1993), “Good Policy or Good Luck? Country Growth Performance and Temporary Shocks,” Journal of Monetary Economics, 32, 459-483.
[19] Evans, Alun D., Christopher J. Green, and Victor Murinde (2000), “Human Capital and Financial Development in Economic Growth: New Evidence Using the Translog Production Function,” International Journal of Finance and Economics, 7, 123-140.
[20] Fry, Maxwell J. (1978), “Money and Capital or Financial Deepening in Economic Development?” Journal of Money, Credit and Banking, 10, 464-475.
[21] Galor, Oded, (1996), “Convergence? Inferences from Theoretical Models,” Economic Journal, 437, 1056-1069.
[22] Goldsmith, Raymond (1969), “Financial structure and development”, New Haven: Yale University Press.
[23] Harrod, Roy F. (1939), “An Essay in Dynamic Theory,” Economic Journal, 49, 14-33.
[24] Hasan, M. Aynul and Syed F. Mahmud (1993), “Is Money an Omitted Variable in the Production Function? Some Further Results,” Empirical Economics, 18, 431-445.
[25] Huang, C. J. and J. T. Liu (1994), “Estimation of a Non-Neutral Stochastic Frontier Production Function,” Journal of Productivity Analysis, 5, 171-180.
[26] Islam, Nazrul (1995), “Growth Empirics: A Panel Data Approach,” Quarterly Journal of Economics, 110, 1127-1170.
[27] Kaldor, Nicholas(1955-1956), “Alternative Theories of Distribution,” Review of Economics Studies, 23, 94-100.
[28] King, Robert G. and Ross Levine (1993a), “Finance and Growth: Schumpeter Might be Right,” Quarterly Journal of Economics, 108, 717-737.
[29] King, Robert G. and Ross Levine(1993b), “Finance, Entrepreneurship, and Growth: Theory and Evidence,” Journal of Monetary Economics, 32, 513-542.
[30] King, Robert G. and Ross Levine (1994), “Capital fundamentalism, Economic Development, and Economic Growth.” Carnegie-Rochester Conference series on Public Policy, 40, 259-292.
[31] Koopmans, Tjalling C., (1965), “On the Concepts of Optimal Economic Growth,” in the Econometric Approach to Development Planning, Amsterdam: North Holland, 1965.
[32] Kumbhakar, S. C., S. Ghosh, and J. T. McGuckin (1991), “A generalized production frontier approach for estimating determinants of inefficiency in US dairy farms,” Journal of Business and Economic Statistics, 9, 279-286.
[33]Kumbhakar, S. C. and C. A. Knox Lovell (2000), “Stochastic Frontier Analysis,” Cambridge University Press, Cambridge, U.K.
[34] Lucas, Robert E., Jr. (1988), “ On the Mechanics of Economic Development,” Journal of Monetary Economics, 22, 3-42.
[35] Maddison, A. (1982), “Phases of Capitalist Development,” New York: Oxford University Press.
[36] Mahumud, Syed F. (1997), “Money in Production Function: Some Further Results,” Pakistan Economic and Social Review, 35, 1-9.
[37] Mankiw, N. Gregory, David Romer, and David N. Weil (1992), “A Contribution to the Empirics of Economic Growth,” Quarterly Journal of Economics, 107, 407-437.
[38] Masanjala, Winford H. and Chris Papageorgiou (2002), “Parameter Heterogeneity and Nonlinearities in the Aggregate Production Function: Investigating the Solow Growth Model with CES Technology,” Journal of Applied Econometrics, 19, 171-201.
[39]Mckinnon, Ronald (1973), “Money and Capital in Economic Development,” Washington, D.C., Brookings Institution.
[40] Nelson, Richard R. (1956), “A theory of Low Level Equilibrium Trap in Underdeveloped Economies,” American Economic Review, 28, 894-928.
[41] Quah, Danny, (1993), “Galton’s Fallacy and Test of the Convergence Hypothesis,” Scandinavian Journal of Economics, 95, 427-443.
[42] Quah, Danny, (1996), “Empirics for Economic Growth and Convergence,” European Economic Review, 40, 1353-1375.
[43] Ramsey, Frank, (1928), “A mathematical theory of saving,” Economic Journal, 38, 543-559.
[44]Reifschneider, D. and R. Stevenson (1991), “Systematic departures from the frontier: A framework for the analysis of firm inefficiency”, International Economic Review, 32, 715-723.
[45] Romer, Paul M. (1986), “Increasing returns and long-run growth,” Journal of Political Economy, 94, 1002-1037.
[46] Sala-i-Martin, Xavier (1996), “The classical approach to convergence,” The Economic Journal, 106, 1019-1036.
[47] Shaw, Edward (1973), “Financial Deepening in Economic Development,” New York: Oxfrod University Press.
[48] Solow, Robert M. (1956), “A contribution to the theory of economic growth,” Quarterly Journal of Economics, 70, 65-94.
[49] Summers, Robert, and Alan Heston (1988), “A New Set of International Comparisons of Real Product and Price Levels Estimates for 130 Countries, 1950-85,” Review of Income and Wealth, 34, 1-26.
[50] Swan, Trevor W. (1956), “Economic growth and capital accumulation,”Economic Record, 32, 334-361.
[51] Uzawa, Hirofumi (1964), “Optimal growth in a two-sector model of capital accumulation”, Review of Economic Studies, 31, 1-24.
描述 碩士
國立政治大學
經濟研究所
94258007
95
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0094258007
資料類型 thesis
dc.contributor.advisor 黃台心zh_TW
dc.contributor.author (Authors) 林延霖zh_TW
dc.creator (作者) 林延霖zh_TW
dc.date (日期) 2006en_US
dc.date.accessioned 18-Sep-2009 15:58:42 (UTC+8)-
dc.date.available 18-Sep-2009 15:58:42 (UTC+8)-
dc.date.issued (上傳時間) 18-Sep-2009 15:58:42 (UTC+8)-
dc.identifier (Other Identifiers) G0094258007en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/35770-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 經濟研究所zh_TW
dc.description (描述) 94258007zh_TW
dc.description (描述) 95zh_TW
dc.description.abstract (摘要) 本文探討人力資本及金融發展對經濟成長的影響,設定使用translog生產函數,以世界73個國家作為研究對象,樣本期間為1980~2000年共計21年,建立平衡縱橫資料,採用最大概似法估計各項係數,分析要素投入與經濟成長間的關係,及經濟體系中成長狀況是否符合「收斂假說」。最後,利用估出之係數,計算各類相關生產力指標。
主要的實證結果為,(1)除了實質資本外,人力資本與代表金融發展之代理變數實質貨幣餘額,皆對經濟成長具顯著性的影響;(2)經濟體系呈現發散的情形,結果支持內生成長理論;(3)資本、貨幣與人力資本之產量彈性平均值皆為正值,其中以資本的產量彈性最高;(4)經濟體系有發生技術進步的現象,且逐漸接近其生產邊界;(5)總要素生產力平均每年成長3.86%。
zh_TW
dc.description.tableofcontents 第一章 緒論 1
第一節 研究動機 1
第二節 研究目的 2
第三節 研究範圍 2
第四節 研究架構 3

第二章 文獻回顧 4
第一節 經濟成長理論發展 4
第二節 金融發展與經濟成長 6
第三節 收斂的定義 8
第四節 檢驗收斂條件之實證文獻 10

第三章 理論與迴歸實證模型 17
第一節 理論模型 17
第二節 迴歸模型設定 21

第四章 樣本資料與變數定義 24
第一節 樣本資料 24
第二節 變數定義 25

第五章 實證分析 30
第一節 參數估計結果 30
第二節 各項生產力指標 33

第六章 結論 48

附錄1 50
附錄2 53
附錄3 54
附錄4 59
參考文獻 64
zh_TW
dc.format.extent 44028 bytes-
dc.format.extent 72662 bytes-
dc.format.extent 77583 bytes-
dc.format.extent 76611 bytes-
dc.format.extent 118525 bytes-
dc.format.extent 197512 bytes-
dc.format.extent 157833 bytes-
dc.format.extent 188296 bytes-
dc.format.extent 233638 bytes-
dc.format.extent 93760 bytes-
dc.format.extent 134920 bytes-
dc.format.extent 85496 bytes-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0094258007en_US
dc.subject (關鍵詞) 經濟成長zh_TW
dc.subject (關鍵詞) translog生產函數zh_TW
dc.subject (關鍵詞) 收斂假說zh_TW
dc.subject (關鍵詞) 金融發展zh_TW
dc.subject (關鍵詞) 人力資本zh_TW
dc.title (題名) 人力資本與金融發展對經濟成長之影響zh_TW
dc.type (資料類型) thesisen
dc.relation.reference (參考文獻) 參考文獻zh_TW
dc.relation.reference (參考文獻) [1] 陳明郎 (1999),「經濟成長」, 華泰文化事業公司。zh_TW
dc.relation.reference (參考文獻) [2] Barro, Robert J. (1990b), “Government Spending a Simple Model of Endogenous Growth,” Journal of Political Economy, 98, 5, part II, S103-S125.zh_TW
dc.relation.reference (參考文獻) [3] Barro, Robert J. (1991), “Economic Growth in a Cross Section of Countries,” The Quarterly Journal of Economics, 106, 407-433.zh_TW
dc.relation.reference (參考文獻) [4] Barro, Robert J., and Jong-Wha Lee (1993), “International Comparisons of Educational Attainment,” Journal of monetary Economics, 32(3), 363-394.zh_TW
dc.relation.reference (參考文獻) [5] Barro, Robert J., and Xavier Sala-i-Martin (1992), “Convergence,” Journal of Political Economy, 100, 223-251.zh_TW
dc.relation.reference (參考文獻) [6] Battese, G. E. and T. J. Coelli (1992), “Frontier Productions, Technical Efficiency and Panel Data: With Application to Paddy Farmers in India,” Journal of productivity Analysis, 3, 153-169.zh_TW
dc.relation.reference (參考文獻) [7]Battese, G. E. and T. J. Coelli (1995), “A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data,” Empirical Economics, 20, 325-332.zh_TW
dc.relation.reference (參考文獻) [8] Baumol, William J. (1986), “Productivity Growth, Convergence and Welfare,” American Economic Review, 76, 1072-1085.zh_TW
dc.relation.reference (參考文獻) [9] Baumol, William J., Sue Blackman, Anne Batey and Edward N. Wolff (1989), “Productivity and American Leadership: The Long View,” The MIT Press, Cambridge, MA.zh_TW
dc.relation.reference (參考文獻) [10] Ben-David, Dan (1994), “Convergence Clubs and Diverging Economies,” Working Paper 922(CEPR, London) Feb.zh_TW
dc.relation.reference (參考文獻) [11]Berthelemy, J.C. and A. Varoudakis (1995). “Thresholds in Financial Development and Economic Growth,” Manchester School Of Economic And Social Studies, 63, 70-84.zh_TW
dc.relation.reference (參考文獻) [12] Cass, David (1965), “Optimal Growth in an Aggregate Model of Capital Accumulation,” Review of Economic Studies, 32, 233-240.zh_TW
dc.relation.reference (參考文獻) [13] DeLong, J. Bradford (1988), “Productivity Growth, Convergence, and Welfare: Comment,” American Economic Review, 78, 1138-1154.zh_TW
dc.relation.reference (參考文獻) [14] De Gregorio, J. and Pablo E. Guidotti (1992), “Financial Development and Economic Growth,” World Development, 23, 434-48.zh_TW
dc.relation.reference (參考文獻) [15] Domar, Evsey D. (1946), “Capital Expansion, Rate of Growth, and Employment,” Econometrica, 14, 137-147.zh_TW
dc.relation.reference (參考文獻) [16] Duffy, John and Chris Papageorgiou (2000), “A Cross-Country Empirical Investigation of the Aggregate Production Function Specification,” Journal of Economic Growth, 5, 87-120.zh_TW
dc.relation.reference (參考文獻) [17] Durlauf, Steven N. and Paul A. Johnson (1995), “Multiple Regimes and Cross-Country Growth Behavior,” Journal of applied Econometrics, 10, 365-384.zh_TW
dc.relation.reference (參考文獻) [18] Easterly, William, Michael Kremer, Lant Pritchett, and Lawrence H. Summers (1993), “Good Policy or Good Luck? Country Growth Performance and Temporary Shocks,” Journal of Monetary Economics, 32, 459-483.zh_TW
dc.relation.reference (參考文獻) [19] Evans, Alun D., Christopher J. Green, and Victor Murinde (2000), “Human Capital and Financial Development in Economic Growth: New Evidence Using the Translog Production Function,” International Journal of Finance and Economics, 7, 123-140.zh_TW
dc.relation.reference (參考文獻) [20] Fry, Maxwell J. (1978), “Money and Capital or Financial Deepening in Economic Development?” Journal of Money, Credit and Banking, 10, 464-475.zh_TW
dc.relation.reference (參考文獻) [21] Galor, Oded, (1996), “Convergence? Inferences from Theoretical Models,” Economic Journal, 437, 1056-1069.zh_TW
dc.relation.reference (參考文獻) [22] Goldsmith, Raymond (1969), “Financial structure and development”, New Haven: Yale University Press.zh_TW
dc.relation.reference (參考文獻) [23] Harrod, Roy F. (1939), “An Essay in Dynamic Theory,” Economic Journal, 49, 14-33.zh_TW
dc.relation.reference (參考文獻) [24] Hasan, M. Aynul and Syed F. Mahmud (1993), “Is Money an Omitted Variable in the Production Function? Some Further Results,” Empirical Economics, 18, 431-445.zh_TW
dc.relation.reference (參考文獻) [25] Huang, C. J. and J. T. Liu (1994), “Estimation of a Non-Neutral Stochastic Frontier Production Function,” Journal of Productivity Analysis, 5, 171-180.zh_TW
dc.relation.reference (參考文獻) [26] Islam, Nazrul (1995), “Growth Empirics: A Panel Data Approach,” Quarterly Journal of Economics, 110, 1127-1170.zh_TW
dc.relation.reference (參考文獻) [27] Kaldor, Nicholas(1955-1956), “Alternative Theories of Distribution,” Review of Economics Studies, 23, 94-100.zh_TW
dc.relation.reference (參考文獻) [28] King, Robert G. and Ross Levine (1993a), “Finance and Growth: Schumpeter Might be Right,” Quarterly Journal of Economics, 108, 717-737.zh_TW
dc.relation.reference (參考文獻) [29] King, Robert G. and Ross Levine(1993b), “Finance, Entrepreneurship, and Growth: Theory and Evidence,” Journal of Monetary Economics, 32, 513-542.zh_TW
dc.relation.reference (參考文獻) [30] King, Robert G. and Ross Levine (1994), “Capital fundamentalism, Economic Development, and Economic Growth.” Carnegie-Rochester Conference series on Public Policy, 40, 259-292.zh_TW
dc.relation.reference (參考文獻) [31] Koopmans, Tjalling C., (1965), “On the Concepts of Optimal Economic Growth,” in the Econometric Approach to Development Planning, Amsterdam: North Holland, 1965.zh_TW
dc.relation.reference (參考文獻) [32] Kumbhakar, S. C., S. Ghosh, and J. T. McGuckin (1991), “A generalized production frontier approach for estimating determinants of inefficiency in US dairy farms,” Journal of Business and Economic Statistics, 9, 279-286.zh_TW
dc.relation.reference (參考文獻) [33]Kumbhakar, S. C. and C. A. Knox Lovell (2000), “Stochastic Frontier Analysis,” Cambridge University Press, Cambridge, U.K.zh_TW
dc.relation.reference (參考文獻) [34] Lucas, Robert E., Jr. (1988), “ On the Mechanics of Economic Development,” Journal of Monetary Economics, 22, 3-42.zh_TW
dc.relation.reference (參考文獻) [35] Maddison, A. (1982), “Phases of Capitalist Development,” New York: Oxford University Press.zh_TW
dc.relation.reference (參考文獻) [36] Mahumud, Syed F. (1997), “Money in Production Function: Some Further Results,” Pakistan Economic and Social Review, 35, 1-9.zh_TW
dc.relation.reference (參考文獻) [37] Mankiw, N. Gregory, David Romer, and David N. Weil (1992), “A Contribution to the Empirics of Economic Growth,” Quarterly Journal of Economics, 107, 407-437.zh_TW
dc.relation.reference (參考文獻) [38] Masanjala, Winford H. and Chris Papageorgiou (2002), “Parameter Heterogeneity and Nonlinearities in the Aggregate Production Function: Investigating the Solow Growth Model with CES Technology,” Journal of Applied Econometrics, 19, 171-201.zh_TW
dc.relation.reference (參考文獻) [39]Mckinnon, Ronald (1973), “Money and Capital in Economic Development,” Washington, D.C., Brookings Institution.zh_TW
dc.relation.reference (參考文獻) [40] Nelson, Richard R. (1956), “A theory of Low Level Equilibrium Trap in Underdeveloped Economies,” American Economic Review, 28, 894-928.zh_TW
dc.relation.reference (參考文獻) [41] Quah, Danny, (1993), “Galton’s Fallacy and Test of the Convergence Hypothesis,” Scandinavian Journal of Economics, 95, 427-443.zh_TW
dc.relation.reference (參考文獻) [42] Quah, Danny, (1996), “Empirics for Economic Growth and Convergence,” European Economic Review, 40, 1353-1375.zh_TW
dc.relation.reference (參考文獻) [43] Ramsey, Frank, (1928), “A mathematical theory of saving,” Economic Journal, 38, 543-559.zh_TW
dc.relation.reference (參考文獻) [44]Reifschneider, D. and R. Stevenson (1991), “Systematic departures from the frontier: A framework for the analysis of firm inefficiency”, International Economic Review, 32, 715-723.zh_TW
dc.relation.reference (參考文獻) [45] Romer, Paul M. (1986), “Increasing returns and long-run growth,” Journal of Political Economy, 94, 1002-1037.zh_TW
dc.relation.reference (參考文獻) [46] Sala-i-Martin, Xavier (1996), “The classical approach to convergence,” The Economic Journal, 106, 1019-1036.zh_TW
dc.relation.reference (參考文獻) [47] Shaw, Edward (1973), “Financial Deepening in Economic Development,” New York: Oxfrod University Press.zh_TW
dc.relation.reference (參考文獻) [48] Solow, Robert M. (1956), “A contribution to the theory of economic growth,” Quarterly Journal of Economics, 70, 65-94.zh_TW
dc.relation.reference (參考文獻) [49] Summers, Robert, and Alan Heston (1988), “A New Set of International Comparisons of Real Product and Price Levels Estimates for 130 Countries, 1950-85,” Review of Income and Wealth, 34, 1-26.zh_TW
dc.relation.reference (參考文獻) [50] Swan, Trevor W. (1956), “Economic growth and capital accumulation,”Economic Record, 32, 334-361.zh_TW
dc.relation.reference (參考文獻) [51] Uzawa, Hirofumi (1964), “Optimal growth in a two-sector model of capital accumulation”, Review of Economic Studies, 31, 1-24.zh_TW
dc.relation.reference (參考文獻) zh_TW