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The EFA Development Index and Per Capita GDP: A Quantile Regression Approach in A Cross-Section of 123 Countries for Year 2007

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  • Islam, S.

Abstract

Using cross-section data of 123 countries for 2007, this paper examines the relationship between per capita GDP and the Education Development Index and its four components . The paper primarily uses the quantile regression method. The regression results show that the effect of per capita GDP varies across different quantiles with a higher effect for quantile .10. The results further reveal that the elasticity of the adult literacy rate and the elasticity of the survival rate to Grade 5 with respect to per capita GDP are significantly higher than elasticities of the net enrolment ratio and the Gender-Specific EFA Index.

Suggested Citation

  • Islam, S., 2013. "The EFA Development Index and Per Capita GDP: A Quantile Regression Approach in A Cross-Section of 123 Countries for Year 2007," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 13(1), pages 5-10.
    • Handle: RePEc:eaa:aeinde:v:13:y:2013:i:1_1
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    References listed on IDEAS

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    1. Roger Koenker & Kevin F. Hallock, 2001. "Quantile Regression," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 143-156, Fall.
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    • I2 - Health, Education, and Welfare - - Education

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