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highly educated students for their labour force, they face the additional cost of providing the education. In much of … countries benefit from educating international students. We derive conditions under which international education has a positive … extra growth of 0.049 percentage points. The benefits from international education increase when a country tunes its …
Persistent link: https://www.econbiz.de/10009739596
In the growth literature, evidence on income convergence is mixed. In the development literature, health and education … indicators are also often used. This study examines whether health and education levels are converging across countries and … human capital convergence. The results confirm that investments in education and health are closely linked. We find …
Persistent link: https://www.econbiz.de/10013317934
Persistent link: https://www.econbiz.de/10003967532
Persistent link: https://www.econbiz.de/10012244967
Persistent link: https://www.econbiz.de/10012305691
We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary …-reducing. Expansive education policies may foster growth and reduce earning inequalities between workers, but only by transferring income … from workers to capitalists. Further, the overall effect of an increase in education depends on the actual characteristics …
Persistent link: https://www.econbiz.de/10011596523
current pursuit of education policy reforms and knowledge economy around the world, it is of policy relevance to theoretically …This study articulates the interaction between institutional governance, education and economic growth. Given the … analyze the main mechanisms by which the macroeconomic impact of education on growth (and economic development) occurs. Our …
Persistent link: https://www.econbiz.de/10011596860
This paper presents the largest globally comparable panel database of education quality. The database includes 163 …-the countries that have the most to gain from the potential benefits of a high-quality education; (3) the data set contains credible … global progress on education quality, as well as to uncover potential drivers of education quality, growth, and development …
Persistent link: https://www.econbiz.de/10011806723
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10012473468
literature, health and education indicators are often used to measure countries' development progress. This study examines … whether average stocks of health and education are converging across countries and calculates the speed of their convergence … capital convergence. The results confirm that investments in education and health are closely linked. The study finds …
Persistent link: https://www.econbiz.de/10014205998