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This paper surveys the literature that examines the effect of education on economic growth. Specifically, we apply meta-regression analysis to 56 studies with 979 estimates and show that there is substantial publication selection bias towards a positive impact of education on growth. Once we...
Persistent link: https://www.econbiz.de/10011107811
In this paper I will examine the growth models of Romer (1986) and Lucas (1988) which constitute an important first core to the endogenous growth theory, in order to understand the characteristics, to highlight the relationship between knowledge and economic growth and / or emphasize the...
Persistent link: https://www.econbiz.de/10011111565
This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...
Persistent link: https://www.econbiz.de/10011271694
Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the level of inequality increases via the human capital channel with credit market imperfections and that this increasing inequality negatively affects economic growth. We expand the...
Persistent link: https://www.econbiz.de/10011259657
The purpose of this paper to study the direct and indirect influence of corruption on economic indicators like the human indicator. Indeed, it would be very important to clarify the impact of control of corruption on human capital while considering the direct and indirect effects of the control...
Persistent link: https://www.econbiz.de/10011186468
If government revenues from a flat-rate income tax are spent on public factors and public factors are used for human capital production and human capital is used for the production of technical progress, then a higher rate of taxation will lead to a higher rate of technical progress if steady...
Persistent link: https://www.econbiz.de/10011108048
The determinants of human capital have been studied sparsely in the literature. Although there is a huge literature on the determinants of schooling linked with the quality of schooling, there are not many contributions that explore the deep determinants of investment in, quantity and quality of...
Persistent link: https://www.econbiz.de/10011108070
According to economic theory, supported by rich empirical evidence, the ability of an economy to accumulate a high quality human capital is an important factor of economic growth. Since economies better endowed with human capital grow at a higher rate, the mobility of skilled individuals should...
Persistent link: https://www.econbiz.de/10011108221
The relationship between education and economic growth has been one of the fundamental themes of economic analysis. Despite the growing interest in the relationship between growth and education, and despite the strong theoretical foundations for a key role of education/human capital in economic...
Persistent link: https://www.econbiz.de/10011108298
The Indian economy is widely expected to grow at sustained high rates over the next few decades and emerge as the second largest economy by 2050. These robust projections have much to do with the demographic profile of the country. India is slated to have one of the youngest populations, with...
Persistent link: https://www.econbiz.de/10011111520