This article presents revised estimates of the external rates of return on investment in schooling provided in … Schooling and National Income: How Large Are the Externalities?" The analysis is based on data for the same set of countries …

This article presents revised estimates of the external rates of return on investment in schooling provided in … “Schooling and National Income: How Large Are the Externalities?” The analysis is based on data for the same set of countries …

This article presents revised estimates of the external rates of return on investment in schooling provided in … “Schooling and National Income: How Large Are the Externalities?” The analysis is based on data for the same set of countries …

This paper uses a new data set for cumulative national investment in formal schooling and a newinstrument for schooling … of return on investment in schooling to estimate the external rate of return. In 1990 the external rate of return ranged … schooling are about equal to the private benefits in high-income countries and three times the private benefits in the lowest …

height and weight-for-height, and to education, proxied by years of schooling completed, by level. Biases due to household …'s schooling, and urbanization. It is concluded that intercountry regressions do not yet help us determine the consequences of this … supply explanation for the corresponding high rates of return to secondary and post-secondary schooling for those nonwhites …

The economics literature identifies three effects of schooling on national income; the direct effect on the earnings of … the workers who receive the schooling and the external effects on workers´ earnings and on physical capital due to … schooling´s spillover effect on the productivity of these other factors of production. This paper reviews the estimates of the …

above 600 in 45 countries. I find that the share above 400 and average schooling attainment cause national income, while the … share above 600 and the share with post-secondary schooling do not. Implicitly the best long-term development strategy for … poor countries is to increase the share of students who complete primary and secondary schooling. …

decline as human capital increases up to $125,000/adult. Schooling attainment is a better proxy for the human capital stock …´s stock of human capital, calculated from cumulative investment in schooling, is the schooling measure most correlated with …