The paper examines the role of education in economic growth from both a theoretical and historic perspective, addresses … why education has been the limiting factor determining growth historically, provides estimates of the quantitative … importance of the direct and indirect effects of education on the economy, calculates the marginal national return on investment …

An important role of education - and the resultant accumulation of human capital - for a less-developed economy is to … education, the accumulation of physical capital and technological progress. In the model, investment in education and the … technology diffusion and the expansion of the technology frontier. The allocation of effort to education, the optimal savings …

The purpose of this paper is to explore the association between general education and economic growth of the human … education and several pecuniary success measures. The findings linking level of education to the well beings of human in all … increasing rates of economic growth success through education, it is important to understand that while the evidence supporting …