The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Education for Growth: Why and for Whom?
Abstract
This paper summarizes and tries to reconcile evidence from the microeconometric and empirical macro growth literatures on the effect of schooling on income and GDP growth. Much microeconometric evidence suggests that education is an important causal determinant of income for individuals within countries. At a national level, however, recent studies have found that increases in educational attainment are unrelated to economic growth. This discrepancy appears to be a result of the high rate of measurement error in first-differenced cross-country education data. After accounting for measurement error, the effect of changes in educational attainment on income growth in cross-country data is at least as great as microeconometric estimates of the rate of return to years of schooling. Another finding of the macro growth literature—that economic growth depends positively on the initial stock of human capital—is not robust when the assumption of a constant-coefficient model is relaxed.
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Cites
A contribution to the theory of economic growth
Solow, R. M. (1956) · The Quarterly Journal of Economics · doi:10.2307/1884513 · Cited by 24,483
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Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
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The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988
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Cited by
A new data set of educational attainment in the world, 1950–2010
Barro, R. J., & Lee, J. W. (2013) · Journal of Development Economics · doi:10.1016/j.jdeveco.2012.10.001 · Cited by 4,333
Measuring Economic Growth from Outer Space
Henderson, J. V., Storeygard, A., & Weil, D. N. (2012) · American Economic Review · doi:10.1257/aer.102.2.994 · Cited by 2,596
Economic Shocks and Civil Conflict: An Instrumental Variables Approach
Miguel, E., Satyanath, S., & Sergenti, E. (2004) · Journal of Political Economy · doi:10.1086/421174 · Cited by 2,460
Human Capital and Regional Development *
Gennaioli, N., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2013) · The Quarterly Journal of Economics · doi:10.1093/qje/qjs050 · Cited by 1,082
Inequality and Growth: What Can the Data Say?
Banerjee, A. V., & Duflo, E. (2003) · Journal of Economic Growth · doi:10.1023/a:1026205114860 · Cited by 592
Metadata
- Authors
- Krueger, A. B., & Lindahl, M.
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2001-12-01
- Volume
- 39
- Issue
- 4
- Pages
- 1101-1136
- ISSN
- 0022-0515 (ISSN-L)
- OpenAlex
- W3126037482
- Cited by
- 2,060
- References
- 7
- FWCI
- 124.39
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
