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Numeracy skills of adults within and across 12 different countries in 2011 are strongly associated with the accumulated public investments in education received by these adults during their schooling. This paper confirms existing evidence that the timing of educational investments is important,...
Persistent link: https://www.econbiz.de/10011613140
of Moments (GMM), we find that in the developed countries graduates from science faculties make the most contribution to … economic growth, but in developing countries graduates from education, humanities and social sciences faculties contributed the … most to economic growth. In addition, we focus on the effectof distribution of tertiary level graduates among different …
Persistent link: https://www.econbiz.de/10014287531
The movement of many Arab countries toward knowledge-based economic development requires the transition to more effective skills formation systems. This paper proposes an institutionalist approach to national skills development systems in the advancement toward knowledge-based economic...
Persistent link: https://www.econbiz.de/10013093590
In this paper, we set out to quantify the magnitude of the positive empirical relationship between schooling and regional growth. We apply the growth empirics method of Mankiw et al. (Q. J. Econ. 107:407–438, 1992) to a panel of US states. We improve upon the existing regional growth...
Persistent link: https://www.econbiz.de/10013076050
Persistent link: https://www.econbiz.de/10013051192
The stylized fact that the fraction of workers who are college graduates appears to increase more in US cities where …
Persistent link: https://www.econbiz.de/10012900149
A consensus has been forged in the last decade that recent periods of sustained growth in total factor productivity and reduced poverty are closely associated with improvements in a population's child nutrition, adult health, and schooling, particularly in low-income countries. Estimates of the...
Persistent link: https://www.econbiz.de/10014080486
A consensus has been forged in the last decade that recent periods of sustained growth in total factor productivity and reduced poverty are closely associated with improvements in a population's child nutrition, adult health, and schooling, particularly in low-income countries. Estimates of the...
Persistent link: https://www.econbiz.de/10014087237
When types of workers are imperfect substitutes, the Mincerian rate of return to human capital is negatively related to the supply of human capital. We work out a simple model for the joint evolution of output and wage dispersion. We estimate this model using cross-country panel data on GDP and...
Persistent link: https://www.econbiz.de/10011408972
This paper has two main objectives. First, it assesses and measures the gaps in the stock of human capital across the world. It presents how effectively different regions are improving their stock of human capital, and how long it will take for developing countries to catch up with the current...
Persistent link: https://www.econbiz.de/10008749689