The measurement of the efficiency of public education expenditure using parametric and non-parametric methods has … the efficiency of secondary education spending in emerging and developing economies. The approach accounts for the impact … of the level of development on education outcomes by constructing different efficiency frontiers for lower- and higher …

In the growth literature, evidence on income convergence is mixed. In the development literature, health and education … indicators are also often used. This study examines whether health and education levels are converging across countries and … human capital convergence. The results confirm that investments in education and health are closely linked. We find …

The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling …

costs for different levels of schooling, we show that reducing household costs of primary education has the largest positive … impact on growth and poverty reduction in the short run. Moreover, an increase in higher education spending increases long …-run growth. These effects can be substantial even when increasing education spending comes at the expense of public …

manufacturing, the government will strengthen infrastructure, improve governance, and boost the education of the workforce. …

No country has achieved sustained economic development without investment in education. Thus, education policy can play … development. In addition to identifying some characteristics of an optimal education policy, the paper helps in understanding why …

to economic growth; health and education outcomes; adequacy of social safety nets; and governance. It then assesses the …