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- W2740173812 abstract "This paper explores the dynamic relationships between education and subsequent economic growth on a panel of quinquennial data for 81 countries over the period 1960-1990. The analysis shows that heterogeneities across countries and time, and non linearities dominate the phenomenon. Increases in the education investment rate seem to have positive eects on subsequent growth only for countries with extremely low education levels. Also, the interaction between a country’s education level and its relative position on the per capita income ladder seems to be crucial in determining the eects of the education level on subsequent per capita output growth. In particular, for countries in the lower end of the relative income scale, higher levels of education will positively aect subsequent growth only if their ini" @default.
- W2740173812 created "2017-08-08" @default.
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- W2740173812 date "2004-01-01" @default.
- W2740173812 modified "2023-09-23" @default.
- W2740173812 title "Education and Growth. A Dynamic Analysis with Panel Data." @default.
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