Contribution of education and educational equality to economic growth

In this article we examine how the contribution of investment in education to economic growth varies if the initial level of education and the improvement of educational equality are different. Our main finding is that the contribution of education to economic growth is larger and statistically more...

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Bibliographic Details
Published in:Applied economics letters 2007-07, Vol.14 (9), p.627-630
Main Author: Nomura, Tomokazu
Format: Article
Language:English
Subjects:
Economic growth
Economic impact analysis
Education
Equality
Human capital
Investment
Level of education
Statistical analysis
Studies
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Summary:In this article we examine how the contribution of investment in education to economic growth varies if the initial level of education and the improvement of educational equality are different. Our main finding is that the contribution of education to economic growth is larger and statistically more significant in the countries with relatively low level of initial education and in the countries with relatively high improvement of educational equality.
ISSN:1350-4851
1466-4291
DOI:10.1080/13504850500425857