[HTML][HTML] Contribution of education and innovation to productivity among Mexican regions: A dynamic panel data analysis
V German-Soto, LG Flores - Theoretical Economics Letters, 2015 - scirp.org
A dynamic panel data (DPD) model is estimated to assess the contribution of the average
schooling years, the education expenditure and the inventive coefficient—as an
approximation for innovation—to the increased productivity of the Mexican states. The
potential difficulties of endogeneity and serial correlation are controlled by adopting system
General Method of Moments (GMM) procedures. The findings are compatible with the
theory. The importance of the lags is confirmed and the positive and significant impacts on …
schooling years, the education expenditure and the inventive coefficient—as an
approximation for innovation—to the increased productivity of the Mexican states. The
potential difficulties of endogeneity and serial correlation are controlled by adopting system
General Method of Moments (GMM) procedures. The findings are compatible with the
theory. The importance of the lags is confirmed and the positive and significant impacts on …
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