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A New Data Set of Educational Attainment in the World, 1950-2010
Open accessAbstract
Our panel data set on educational attainment has been updated for 146 countries from 1950 to 2010.The data are disaggregated by sex and by 5-year age intervals.We have improved the accuracy of estimation by using information from consistent census data, disaggregated by age group, along with new estimates of mortality rates and completion rates by age and education level.We use these new data to investigate how output relates to the stock of human capital, measured by overall years of schooling as well as by the composition of educational attainment of workers at various levels of education.We find schooling has a significantly positive effect on output.After controlling for the simultaneous determination of human capital and output, by using the 10-year lag of parents' education as an instrument variable (IV) for the current level of education, the estimated rate-of-return to an additional year of schooling ranges from 5% to 12%, close to typical Mincerian return estimates found in the labor literature.
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Endogenous Technological Change
Romer, P. M. (1990) · Journal of Political Economy · doi:10.1086/261725 · Cited by 17,711
Cited by
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Arcand, J. L., Berkes, E., & Panizza, U. (2015) · Journal of Economic Growth · doi:10.1007/s10887-015-9115-2 · Cited by 1,136
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
Understanding China's Growth: Past, Present, and Future
Zhu, X. (2012) · Journal of Economic Perspectives · doi:10.1257/jep.26.4.103 · Cited by 586
International Prices and Endogenous Quality *
Feenstra, R. C., & Romalis, J. (2014) · The Quarterly Journal of Economics · doi:10.1093/qje/qju001 · Cited by 477
Metadata
- Authors
- Barro, R., & Lee, J.-W.
- Venue
- National Bureau of Economic Research
- Publisher
- National Bureau of Economic Research
- Published
- 2010-04
- OpenAlex
- W3024596104
- Cited by
- 1,213
- References
- 1
- Type
- report
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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