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relationships among the variables. Findings - The findings show that spending in the public sectors alone, such as education and … health, does not always yield the needed outcome of promoting economic growth. Government education expenditure stimulates … all governance indicators except political stability for government education spending and regulatory quality for …
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Politicians typically focus on short-term economic issues; but, a nation’s long-term economic well-being is directly linked to its rate of economic growth. In turn, its growth rate is directly linked to the economically relevant skills of its population. Until recently, however, economists...
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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 …
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period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
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