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dc.creatorBreton, Theodore R.spa
dc.date2011
dc.date.available2015-11-06T16:27:23Z
dc.date.issued2011
dc.identifier.issn1657-4206
dc.identifier.urihttp://hdl.handle.net/10784/7557
dc.description.abstractThe economics literature identifies three effects of schooling on national income; the direct effect on the earnings of the workers who receive the schooling and the external effects on workers’ earnings and on physical capital due to schooling’s spillover effect on the productivity of these other factors of production.  This paper reviews the estimates of the income elasticity of these three effects in the literature and finds that the evidence supports an elasticity of 0.34.  The associated marginal rates of return on national investment in schooling in 2000 are found to average about 12 percent in countries with high levels of schooling and about 25 percent in countries with low levels of schooling.eng
dc.language.isoengeng
dc.publisherUniversidad EAFITeng
dc.relation.ispartofEcos de Economía. Vol.15(32), 2011, pp.99-120spa
dc.relation.isversionofhttp://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/325/331
dc.relation.urihttp://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/325/331
dc.rightsopenAccesseng
dc.rightsinfo:eu-repo/semantics/openAccesseng
dc.rightsThis work is licensed under a Creative Commons Attribution 3.0 License.spa
dc.sourceEcos de Economía. Vol.15(32), 2011, pp.99-120spa
dc.titleDoes Investment in Schooling Raise National Income? Evidence from Cross-Country Studieseng
dc.typearticleeng
dc.typeinfo:eu-repo/semantics/articleeng
dc.typeinfo:eu-repo/semantics/publishedVersioneng
dc.rights.accessRightsopenAccesseng
dc.type.spaArtículospa
dc.subject.keywordHuman Capitaleng
dc.subject.keywordSchoolingeng
dc.subject.keywordEducation, Physical Capitaleng
dc.subject.keywordNational Incomeeng
dc.subject.keywordEconomic Growtheng
dc.rights.accesoLibre accesospa
dc.date.accessioned2015-11-06T16:27:23Z
dc.type.hasVersionpublishedVersioneng
dc.contributor.departmentEscuela de Economía y Finanzasspa
dc.contributor.departmentEconomíaspa
dc.tipo.versionObra publicadaspa
dc.citation.journalTitleEcos de Economíaspa
dc.citation.volume15
dc.citation.issue32
dc.citation.spage99
dc.citation.epage120
dc.contributor.affiliationUniversidad EAFIT, Escuela de Economía y Finanzas, Departamento de Economía, Medellín, Colombia.spa
dc.contributor.programEstudios en Economía y Empresaspa


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