Education and Economic Growth: A Meta-Regression Analysis
| Autor: | Nikos Benos, Stefania Zotou |
|---|---|
| Rok vydání: | 2014 |
| Předmět: |
Macroeconomics
Selection bias Economics and Econometrics Sociology and Political Science media_common.quotation_subject Geography Planning and Development jel:C01 Development Human capital jel:E24 jel:I25 Specification jel:O50 Homogeneous Unemployment Economics Econometrics Education human capital economic growth meta-regression analysis world sample Meta-regression Quality (business) media_common Education economics |
| Zdroj: | World Development. 64:669-689 |
| ISSN: | 0305-750X |
| DOI: | 10.1016/j.worlddev.2014.06.034 |
| Popis: | Summary This paper surveys the literature which examines the effect of education on economic growth. Specifically, we apply meta-regression analysis to 57 studies with 989 estimates and show that there is substantial publication selection bias toward a positive impact of education on growth. Once we account for this, the genuine growth effect of education is not homogeneous across studies, but varies according to several factors. Specifically, it is attributed to differences in education measurement and study characteristics, mainly model specification as well as type of data used, and the quality of research outlets where studies are published, e.g., academic journals vs. working papers. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect