The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
| dc.contributor.author | Breton, Theodore R. | |
| dc.contributor.eafitauthor | ted.breton@gmail.com | |
| dc.coverage.spatial | Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees | eng |
| dc.date.accessioned | 2014-05-30T21:38:04Z | |
| dc.date.available | 2014-05-30T21:38:04Z | |
| dc.date.issued | 2011-01-19 | |
| dc.description.abstract | This paper challenges Hanushek and Woessmann’s [2008] contention that the quality and not the quantity of schooling determines a nation’s rate of economic growth. I first show that their statistical analysis is flawed. I then show that when a nation’s average test scores and average schooling attainment are included in a national income model, both measures explain income differences, but schooling attainment has greater statistical significance. The high correlation between a nation’s average schooling attainment, cumulative investment in schooling, and average tests scores indicates that average schooling attainment implicitly measures the quality as well as the quantity of schooling. | eng |
| dc.identifier.jel | F43 | |
| dc.identifier.jel | I21 | |
| dc.identifier.jel | O11 | |
| dc.identifier.jel | O15 | |
| dc.identifier.uri | http://hdl.handle.net/10784/2438 | |
| dc.language.iso | eng | eng |
| dc.publisher | Universidad EAFIT | spa |
| dc.publisher.department | Escuela de Economía y Finanzas | spa |
| dc.rights.accessrights | info:eu-repo/semantics/openAccess | eng |
| dc.rights.local | Acceso abierto | spa |
| dc.subject.keyword | Cognitive Skills | eng |
| dc.subject.keyword | Human Capital | eng |
| dc.subject.keyword | Education | eng |
| dc.subject.keyword | Schooling | eng |
| dc.subject.keyword | Economic Growth | eng |
| dc.title | The Quality vs. the Quantity of Schooling: What Drives Economic Growth? | eng |
| dc.type | workingPaper | eng |
| dc.type | info:eu-repo/semantics/workingPaper | eng |
| dc.type.hasVersion | draft | eng |
| dc.type.local | Documento de trabajo de investigación | spa |
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