The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa

This paper examines recent studies that estimate the impact of education on economic growth. It explains why cross-country regressions face formidable econometric problems. Recent studies are reviewed: some show strong impacts of education on economic growth; others show little effect. All have mult...

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Main Authors: Glewwe, Paul, Maiga, Eugénie, Zheng, Haochi
Format: Journal Article
Language:en_US
Published: Elsevier 2014
Subjects:
Online Access:http://hdl.handle.net/10986/18201
id okr-10986-18201
recordtype oai_dc
spelling okr-10986-182012021-04-23T14:03:43Z The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa Glewwe, Paul Maiga, Eugénie Zheng, Haochi education economic growth school quality This paper examines recent studies that estimate the impact of education on economic growth. It explains why cross-country regressions face formidable econometric problems. Recent studies are reviewed: some show strong impacts of education on economic growth; others show little effect. All have multiple estimation problems, which may explain their divergent results. Evidence shows that education quality in Sub-Saharan Africa is much lower than in other developing countries. Estimates from three influential studies are extended; the results suggest that the impact of education on economic growth in Sub-Saharan Africa is lower than in other countries, likely due to lower school quality. 2014-05-08T21:09:23Z 2014-05-08T21:09:23Z 2014-01-31 Journal Article World Development 0305-750X 10.1016/j.worlddev.2014.01.021 http://hdl.handle.net/10986/18201 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Sub-Saharan Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic education
economic growth
school quality
spellingShingle education
economic growth
school quality
Glewwe, Paul
Maiga, Eugénie
Zheng, Haochi
The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa
geographic_facet Sub-Saharan Africa
description This paper examines recent studies that estimate the impact of education on economic growth. It explains why cross-country regressions face formidable econometric problems. Recent studies are reviewed: some show strong impacts of education on economic growth; others show little effect. All have multiple estimation problems, which may explain their divergent results. Evidence shows that education quality in Sub-Saharan Africa is much lower than in other developing countries. Estimates from three influential studies are extended; the results suggest that the impact of education on economic growth in Sub-Saharan Africa is lower than in other countries, likely due to lower school quality.
format Journal Article
author Glewwe, Paul
Maiga, Eugénie
Zheng, Haochi
author_facet Glewwe, Paul
Maiga, Eugénie
Zheng, Haochi
author_sort Glewwe, Paul
title The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa
title_short The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa
title_full The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa
title_fullStr The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa
title_full_unstemmed The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa
title_sort contribution of education to economic growth : a review of the evidence, with special attention and an application to sub-saharan africa
publisher Elsevier
publishDate 2014
url http://hdl.handle.net/10986/18201
_version_ 1764440207653863424