Artikel
Education and economic development: an empirical perspective
There is surprisingly little macroeconomic empirical research which would support a presumed link between education and development. I identify three major reasons why it remains difficult to estimate the economic relevance of education as a determinant of growth and development. First, most empirical research has ignored some of the crucial productivity aspects of education as proposed by new growth models. Second, measuring the contribution of education to economic development has largely ignored international differences in rates of return and the quality of education. Third, the allocation of resources within the education sector usually does not follow considerations of efficiency, which implies that additional spending on education cannot be expected to produce substantial output effects.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of economic development ; ISSN: 0254-8372 ; Volume: 26 ; Year: 2001 ; Issue: 1 ; Pages: 37-60 ; Seoul: Economic Research Institute of Chung-Ang University
- Klassifikation
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Wirtschaft
- Thema
-
Bildung
Bildungsertrag
Wirtschaftswachstum
Neue Wachstumstheorie
Vergleich
OECD-Staaten
Ostasien
- Ereignis
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Geistige Schöpfung
- (wer)
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Gundlach, Erich
- Ereignis
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Veröffentlichung
- (wer)
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Economic Research Institute of Chung-Ang University
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
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Seoul
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Gundlach, Erich
- Economic Research Institute of Chung-Ang University
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2001
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