Educational Achievements and Export Earnings: A Comparison between Leader and Follower Countries

Purpose: This study examines whether education in developing countries directly impacts their foreign income from the top export sector. Design/methodology/approach: As most developing countries follow developed nations to shape their development, this study assumes developing countries as education...

Full description

Saved in:
Bibliographic Details
Published in:International Journal of Comparative Education and Development 2023-08, Vol.25 (2), p.69-94
Main Authors: Alam, Gazi Mahabubul, Forhad, Md. Abdur Rahman
Format: Article
Language:English
Subjects:
Comparative Education
Dependency theory
Developed Nations
Developing countries
Developing Nations
Earnings
Economic Development
Economic growth
Education Work Relationship
Educational Attainment
Foreign Countries
High technology
Higher education
Human Capital
Income
Income inequality
Industrialized nations
International Trade
LDCs
Primary Education
Secondary Education
Socioeconomic factors
Textiles
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Purpose: This study examines whether education in developing countries directly impacts their foreign income from the top export sector. Design/methodology/approach: As most developing countries follow developed nations to shape their development, this study assumes developing countries as education-follower and developed countries as education-leader countries. Considering selected countries from the South Asian Regional Cooperation (SAARC) and African countries as follower countries and Group of Seven (G7) as leader countries, this study employs Dumitrescu-Hurlin Granger non-causality tests. Findings: This study finds that education-follower countries' achievements do not directly impact foreign earnings from their leading export sectors. However, findings also confirm that leader countries have a bidirectional causal relationship between tertiary education and earnings from high technology exports. Originality/value: To the best of the authors' knowledge, this is the first study urging research-intensive education with comparative advantages in international trade. Using educational attainment on export earnings from the leading sector, findings support dependency theory in education is still existed.
ISSN:2396-7404
2309-4907
DOI:10.1108/IJCED-12-2022-0084