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Ist die Ausbildung von Spitzenmathematikern wichtig für wirtschaftliches Wachstum?

Author

Listed:
  • Oliver Falck
  • Guido Schwerdt
  • Anja Herrmann
  • Maximiliane Hörl

Abstract

We shed new light on the relative importance that schools’ ability to produce high achievers in math has for economic growth. Drawing on data from the International Mathematical Olympiad (IMO), the world championship in mathematics for high school students, we construct a measure for a country’s ability to produce high achievers in math. Results from cross-country growth regressions reveal a strong and significant relationship between economic growth and IMO performance that remains even if differences in average cognitive skills among countries are taken into account. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2013

Suggested Citation

  • Oliver Falck & Guido Schwerdt & Anja Herrmann & Maximiliane Hörl, 2013. "Ist die Ausbildung von Spitzenmathematikern wichtig für wirtschaftliches Wachstum?," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 93(12), pages 859-863, December.
    • Handle: RePEc:spr:wirtsc:v:93:y:2013:i:12:p:859-863
    DOI: 10.1007/s10273-013-1613-2
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    Keywords

    I20; J00; O40;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • J00 - Labor and Demographic Economics - - General - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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