Impacto diferencial de la educación y la tecnología en el crecimiento económico: Un análisis comparativo para el periodo 2010-2017.

Abstract

This research aims to evaluate the impact of Information and Communication Technologies (ICTs) and education in the economic growth of countries with different income levels. For this purpose, information available in the World Development Indicators of the World Bank data repository was used. Thus, 32 high-income economies and 31 low-and middle-income economies were evaluated. Both groups were analyzed over the period 2010-2017. Given the existence of endogeneity problems, a static growth model was estimated for each group of countries using the generalized method of moments. The study shows that the characteristics of each group of countries affect the way in which their economic growth benefits from education and digitization. In general, the results suggest that the higher the income of an economy, the level of education required to promote its growth is higher. Regarding digitization, low- and middle-income economies still do not have a situation that allows them to take advantage of the benefits of ICTs in terms of economic growth.