English, Article, Journal or magazine article edition: Directly Unproductive Schooling: How Country Characteristics Affect the Impact of Schooling on Growth Mark Rogers

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Bookmark: http://trove.nla.gov.au/version/20627
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Directly Unproductive Schooling: How Country Characteristics Affect the Impact of Schooling on Growth
Author
  • Mark Rogers
Physical Description
  • preprint
Notes
  • The rapid rise in schooling in developing countries in recent decades has been dramatic. However, many cross-country regression analyses of the impact of schooling on economic growth find low and insignificant coefficients. This empirical `puzzle` contrasts with theoretical arguments that schooling, through raising human capital, should raise income levels. This paper argues that poor resulst are to be expected when regression samples include countries that vary greatly in their ability to use schooling productively. Data on corruption, the black market premium on foreign exchange and the extent of the brain drain for developing countries are used as indicators of an economy`s productive use of schooling. Regression analysis shows that the impact of secondary schooling on economic growth is substantially higher in countries that are adjudged to use schooling productivity.
  • Schooling, human capital, corruption, brain drain, economic growth
  • RePEc:oxf:wpaper:166
Language
  • English
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