Hanushek, Eric Alan; Woessmann, Ludger - In: CESifo economic studies : CESifo, a joint initiative of … 58 (2012) 1, pp. 73-109
We use estimates of the effect of educational achievement - measured by international student achievement tests - on economic growth to simulate the impact of improved achievement for individual EU countries and the EU as a whole. We calculate the present value of improvements in GDP over the...
