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Standard indicators of human capital endowment ¿ like literacy, school enrollment ratios or years of schooling ¿ suffer from a number of defects. They are crude. Mostly, they refer to input rather than output measures of human capital formation. Occasionally, they produce implausible effects....
Persistent link: https://www.econbiz.de/10014111310
This paper examines how brain drain may affect the growth rate, education, and income distribution of an economy. It … a more aggressive education policy to counter the detrimental effects of brain drain on the economy's growth rate. One … option is to invest more in education, raising the educator-student ratio, but this policy also has important income …
Persistent link: https://www.econbiz.de/10014214106
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products (GDP) per capita, economic openness, government effectiveness index, inflation, and the level of education on the … corruption index in G20 member countries. This study focused on the effect of education on the level of corruption in the G20 … phenomenological analysis. This study found that primary education enrolment and the lifelong learning index did not significantly …
Persistent link: https://www.econbiz.de/10012484143
Contemporary views on the determinants of economic growth place education in centre stage. Yet the way in which … education affects growth is not yet well understood. This paper begins by surveying the recent literature on the factors that … affect growth, paying particular attention to education. It then proceeds to estimate a comprehensive model of growth …
Persistent link: https://www.econbiz.de/10014059146
An important role of education - and the resultant accumulation of human capital - for a less-developed economy is to … education, the accumulation of physical capital and technological progress. In the model, investment in education and the … technology diffusion and the expansion of the technology frontier. The allocation of effort to education, the optimal savings …
Persistent link: https://www.econbiz.de/10014067881
The main objective of this paper was to visualize the relation between government spending on basic education and the … human capital accumulation process, observing the impacts of this spending on individual investments in higher education …, and on economic growth. From the results obtained, we may reach the central conclusion that basic education affects agents …
Persistent link: https://www.econbiz.de/10014070325
high levels of growth but very low levels of female schooling, and that deleting the female education variable would cast … doubt on the statistical significance of the male education variable. Deletion diagnostics and partial scatter plots are … sample and deleting female education from their growth equations is then examined. The results obtained point to the fragile …
Persistent link: https://www.econbiz.de/10014184328