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School Attainment, Completion, and Economic Development: A Cross‐Country Analysis

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  • Kausik Chaudhuri
  • Pushkar Maitra

Abstract

The primary aim of this paper is to examine the relationship between school attainment, school completion, and economic development. In doing so it also examines the effect of other macroeconomic variables on school attainment and completion. Estimation is conducted using a panel dataset of 138 countries. Our results show that income levels, government expenditure on education, and political instability all have significant effects on school completion and attainment. In addition these variables have different effects on male and female schooling. Our results have important policy implications and in particular allow policymakers to identify different instruments to target the problem of non‐completion of schooling.

Suggested Citation

  • Kausik Chaudhuri & Pushkar Maitra, 2008. "School Attainment, Completion, and Economic Development: A Cross‐Country Analysis," Review of Development Economics, Wiley Blackwell, vol. 12(1), pages 90-105, February.
    • Handle: RePEc:bla:rdevec:v:12:y:2008:i:1:p:90-105
    DOI: 10.1111/j.1467-9361.2008.00430.x
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    References listed on IDEAS

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    Cited by:

    1. Astghik Mavisakalyan, 2011. "Immigration, Public Education Spending, and Private Schooling," Southern Economic Journal, John Wiley & Sons, vol. 78(2), pages 397-423, October.
    2. Pr Henri Atangana Ondoa, 2018. "The effects of heavily indebted poor countries initiative (HIPC) on millennium development goals (MDGs) for education," Review of Social Economy, Taylor & Francis Journals, vol. 76(4), pages 453-479, October.
    3. Awaworyi Churchill, Sefa & Nuhu, Ahmed Salim, 2015. "Ethnic Diversity and Educational Attainment," EconStor Conference Papers 125567, ZBW - Leibniz Information Centre for Economics.
    4. Kokkinen, Arto & Obstbaum, Meri & Mäki-Fränti, Petri, 2021. "Bank of Finland's long-run forecast framework with human capital," BoF Economics Review 10/2021, Bank of Finland.
    5. Aricò, Fabio & Lasselle, Laurence & Thampanishvong, Kannika, 2010. "Improving Students’ Learning Aspirations Beyond Post-Primary Education: A First Account of Two Non-Formal Education Programmes in Middle-Income," SIRE Discussion Papers 2010-63, Scottish Institute for Research in Economics (SIRE).

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