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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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 |
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World Bank Open Knowledge Repository |
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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 |