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Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation

Hanushek, Eric Alan; Woessmann, Ludger - 2009

We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...

Persistent link: https://www.econbiz.de/10010274179

International capital market integration, educational choice and economic growth

Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005

This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...

Persistent link: https://www.econbiz.de/10010267663

Does education matter for economic growth?

Delgado, Michael S.; Henderson, Daniel J.; Parmeter, … - 2012

Empirical growth regressions typically include mean years of schooling as a proxy for human capital. However, empirical research often finds that the sign and significance of schooling depends on the sample of observations or the specification of the model. We use a nonparametric local-linear...

Persistent link: https://www.econbiz.de/10010291365

Asabiyya: re-interpreting value change in globalized societies

Tausch, Arno; Heshmati, Almas - 2009

. The World Values Survey provided a data framework of global value change, whose quantitative results led Barro (2004) to … is whether modernization without spiritual values in a globalized world economy and world society possible in the long … current world crisis is far more connected with these dimensions. We conclude that not a society based on fear is needed in …

Persistent link: https://www.econbiz.de/10010271305

Globalization, institutions, and the ethnic divide: Recent longitudinal evidence

Wunnava, Phanindra V.; Mitra, Aniruddha; Prasch, Robert E. - 2012

This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries covering the period 1992-2005. We find that democracies...

Persistent link: https://www.econbiz.de/10010282215

North-South trade-related technology diffusion: Virtuous growth cycles in Latin America

Schiff, Maurice; Wang, Yanling - 2010

This paper examines the impact on TFP in Latin America and the Caribbean (LAC) and in other developing countries (DEV) of trade-related foreign R&D (NRD), education and governance. The measures of NRD are constructed based on industry-specific R&D in the North, North-South trade patterns, and...

Persistent link: https://www.econbiz.de/10010269768

Risky human capital investment, income distribution, and macroeconomic dynamics

Grossmann, Volker - 2003

This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...

Persistent link: https://www.econbiz.de/10010261651

Regionalism in West Africa : Do Polar Countries Reap the Benefits? : A Role for Migration

Konseiga, Adama - 2005

In the present globalization era an increasing attention is paid to the ambiguous relationship between international migration, brain drain, and economic growth, but few papers analyzed the growth impact of skilled migration. The paper filled the research gap by building the first dataset on...

Persistent link: https://www.econbiz.de/10010262227

Human capital, mortality and fertility: a unified theory of the economic and demographic transition

Cervellati, Matteo; Sunde, Uwe - 2007

This paper argues that accounting for the dynamic interactions between endogenous changes in longevity, the education composition of the population, and the associated fertility differential is crucial for understanding the economic and the demographic transition. In the model, heterogeneous...

Persistent link: https://www.econbiz.de/10010268299

Human capital, economic growth, and regional inequality in China

Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - 2008

We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth patterns can be understood as a function of several interrelated factors, which include investment in physical capital, human capital, and infrastructure capital; the infusion...

Persistent link: https://www.econbiz.de/10010268707