The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …

This paper surveys the empirical and theoretical link between education and growth in the growth process of Asian … countries. Particular attention is paid to the link between education and productivity, and to models that characterize key … features of growth processes of Asian countries. Empirical studies show that these key features include liability to falling …

Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the … of education reduces the private return by 2 percentage points, consistent with Katz-Murphy's (1992) elasticity of …