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economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible … evidence on which education policy reforms may be able to bring about the simulated improvements in educational outcomes. …
Persistent link: https://www.econbiz.de/10010274864
the determinants of education and health spending on the QG using quantile regressions to articulate least and best QG … performers. The following findings are established. First, on average, the effect of health (education) is decreasingly … positive effects with increasing magnitude among Best Performers (0.10th to 0.90th quantile) and (2) education spending has …
Persistent link: https://www.econbiz.de/10011408491
the contradiction between high-growth and poor social welfare and (ii) to assess the influence of education and health … Hopefuls to Best Performers, while the impact of education is increasingly positive. As a main policy implication, it would … benefit countries in SSA to invest more in health relative to education now, but decrease such health expenditure and increase …
Persistent link: https://www.econbiz.de/10011523138
The paper presents a small macro model for Pakistan economy focusing the impact of investment in human capital on the key macroeconomic variables. The demand side is modeled along the Keynesian lines while the supply side is modeled as per neoclassical theory of production. This framework allows...
Persistent link: https://www.econbiz.de/10010931021
Empirical economic research typically uses education as a proxy for human capital. However, research aimed at … validating the inclusion of education measures in growth regressions has yet to reach a consensus, often finding that the sign … and significance of education depends on the sample of observations or the specification of the model. The goal of this …
Persistent link: https://www.econbiz.de/10010540932
For 106 countries over 1969-2004, this paper revisits the relationship between openness, education and economic growth … estimate of the impact of education on growth relative to the models which focus on within-country changes in education, adding … information on cross-country variation in education levels. …
Persistent link: https://www.econbiz.de/10009421196
economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible … evidence on which education policy reforms may be able to bring about the simulated improvements in educational outcomes. …
Persistent link: https://www.econbiz.de/10008727279
The theoretical, conceptual, and practical difficulties with the use of cross-national data on schooling are so severe using aggregate data for any purpose for which individual level data would do should be avoided. There are, however, three questions for which the use of cross-national data on...
Persistent link: https://www.econbiz.de/10014023732
in different forms of education, stretching as far back as 1812, and the size and age distribution of the population …
Persistent link: https://www.econbiz.de/10005111513
This paper surveys the empirical literature on the growth effects of education and social capital. The main focus is on … clarify where empirical work on education using macro data may be relatively useful. It is argued that on balance, the recent … cross-country evidence points to productivity benefits of education that are at least as large as those identified by labour …
Persistent link: https://www.econbiz.de/10005136728