Arbeitspapier
Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over time, and along the within-country distribution. Extensive sensitivity analyses of cross-country growth regressions generate remarkably stable results across specifications, time periods, and country samples. In addressing causality, we find, first, significant growth effects of cognitive skills when instrumented by institutional features of school systems. Second, home-country cognitive-skill levels strongly affect the earnings of immigrants on the U.S. labor market in a difference-in-differences model that compares home-educated to U.S.-educated immigrants from the same country of origin. Third, countries that improved their cognitive skills over time experienced relative increases in their growth paths. From a policy perspective, the shares of basic literates and high performers have independent significant effects on growth, and the estimates suggest that the high-performer effect is larger in poorer countries.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 4575
- Klassifikation
-
Wirtschaft
Geographic Labor Mobility; Immigrant Workers
- Thema
-
Human capital
economic growth
cognitive skills
Bildungsniveau
Kognition
Wirtschaftswachstum
Bildungsökonomik
Kausalanalyse
Welt
Migranten
Bildungsertrag
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hanushek, Eric Alan
Woessmann, Ludger
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hanushek, Eric Alan
- Woessmann, Ludger
- Institute for the Study of Labor (IZA)
Entstanden
- 2009
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