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Effects of male and female education on economic growth: Some evidence from Asia

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  • Hassan, Gazi
  • Cooray, Arusha

Abstract

We use extreme bounds analysis (EBA) to examine the comparative growth effects of gender disaggregated and level-specific enrolment ratios in a panel of Asian economies. To test our hypotheses, we employ both endogenous and exogenous growth frameworks. The externality effects of education are positive and robust for both males and females and are relatively large and significant at primary, secondary and tertiary levels. The results are suggestive of a gender productivity gap. Asian economies can grow faster by investing more in female education.

Suggested Citation

  • Hassan, Gazi & Cooray, Arusha, 2015. "Effects of male and female education on economic growth: Some evidence from Asia," Journal of Asian Economics, Elsevier, vol. 36(C), pages 97-109.
  • Handle: RePEc:eee:asieco:v:36:y:2015:i:c:p:97-109
    DOI: 10.1016/j.asieco.2014.09.001
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    More about this item

    Keywords

    Education and growth; Female education; Endogenous growth; Extreme bounds analysis; Total factor productivity;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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