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Economic growth in developing countries: The role of human capital

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  • Hanushek, Eric A.

Abstract

The focus on human capital as a driver of economic growth for developing countries has led to undue attention on school attainment. Developing countries have made considerable progress in closing the gap with developed countries in terms of school attainment, but recent research has underscored the importance of cognitive skills for economic growth. This result shifts attention to issues of school quality and, in that area developing countries have been much less successful in closing the gaps with developed countries. Without improving school quality, developing countries will find it difficult to improve their long run economic performance.

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Bibliographic Info

Article provided by Elsevier in its journal Economics of Education Review.

Volume (Year): 37 (2013)
Issue (Month): C ()
Pages: 204-212

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Handle: RePEc:eee:ecoedu:v:37:y:2013:i:c:p:204-212

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Web page: http://www.elsevier.com/locate/econedurev

Related research

Keywords: Economic development; Economic impact; Demand for schooling;

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References

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  1. Hanushek, Eric A. & Woessmann, Ludger, 2009. "Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation," IZA Discussion Papers 4575, Institute for the Study of Labor (IZA).
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Citations

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Cited by:
  1. Aleksynska, Mariya & Tritah, Ahmed, 2013. "Occupation–education mismatch of immigrant workers in Europe: Context and policies," Economics of Education Review, Elsevier, vol. 36(C), pages 229-244.
  2. José Irineu Rangel Rigotti & Diana Oya Sawyer & Laetícia Rodrigues de Souza & Clarissa Guimarães Rodrigues, 2013. "A Re-examination of the Expected Years of Schooling: What Can It Tell US?," Working Papers 117, International Policy Centre for Inclusive Growth.
  3. Wolff, Edward N. & Baumol, William J. & Saini, Anne Noyes, 2014. "A comparative analysis of education costs and outcomes: The United States vs. other OECD countries," Economics of Education Review, Elsevier, vol. 39(C), pages 1-21.
  4. Tudose Mihaela Brindusa & Cadiş Mihaela Narciza, 2013. "The Role Of Education In The Economic Development," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 85-92, August.
  5. Chapman, Bruce & Lounkaew, Kiatanantha, 2013. "Introduction to the special issue on Economic Research for Education Policy," Economics of Education Review, Elsevier, vol. 37(C), pages 200-203.
  6. Teixeira, Aurora A.C. & Tavares-Lehmann, Ana Teresa, 2014. "Human capital intensity in technology-based firms located in Portugal: Does foreign ownership matter?," Research Policy, Elsevier, vol. 43(4), pages 737-748.

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