Arbeitspapier
A replication of "Education and catch-up in the Industrial Revolution" (American Economic Journal: Macroeconomics, 2011)
Although European economic history provides essentially no support for the view that education of the general population has a positive causal effect on economic growth, a recent paper by Becker, Hornung and Woessmann (Education and catch-up in the Industrial Revolution, 2011) claims that such education had a significant impact on Prussian industrialisation. The author shows that the instrumental variable they use to identify the causal effect of education is correlated with variables that influenced industrialisation but were omitted from their regression models. Once this specification error is corrected, the evidence shows that education of the general population had, if anything, a negative causal impact on industrialisation in Prussia.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economics Discussion Papers ; No. 2017-30
- Klassifikation
-
Wirtschaft
Education and Economic Development
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: Pre-1913
Economic History: Manufacturing and Construction: Europe: Pre-1913
Industrialization; Manufacturing and Service Industries; Choice of Technology
- Thema
-
education
industrialization
Prussia
regional effects
invalid instrument
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Edwards, Jeremy S. S.
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Edwards, Jeremy S. S.
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2017
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