The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa

• Tác giả: Paul Glewwe
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.9 Economic development and growth
• Thông tin xuất bản: Elsevier, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 317512
• Chủ đề: 1. economic growth; 2. education; 3. school quality

Tóm tắt

 This paper examines recent studies that estimate the impact of education on economic growth. It explains why cross-country regressions face formidable econometric problems. Recent studies are reviewed: some show strong impacts of education on economic growth
  others show little effect. All have multiple estimation problems, which may explain their divergent results. Evidence shows that education quality in Sub-Saharan Africa is much lower than in other developing countries. Estimates from three influential studies are extended
  the results suggest that the impact of education on economic growth in Sub-Saharan Africa is lower than in other countries, likely due to lower school quality.