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Tertiary Education and Economic Growth

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  • Monojit Chatterji

Abstract

CHATTERJI M. (1998) Tertiary education and economic growth, Reg. Studies 32 , 349-354. The paper investigates the potential importance of tertiary education in the growth process using the standard data in the field. Previous studies have focused largely on primary and secondary education and have calculated growth rates using only two data points. In this paper these potential anomalies are addressed. All available data are used in calculating growth rates and the scope of the education process is widened to include tertiary education. The results suggest that tertiary education may well have an important role to play in the growth process. CHATTERJI M. (1988)L'enseignement superieur et la croissance economique, Reg. Studies 32 , 349-354. Employant des donnees pertinentes, cet article cherche a examiner l'importance eventuelle de l'enseignement superieur pour ce qui est du processus de croissance. Des etudes anterieures ont porte sur l'enseignement primaire et secondaire et ont calcule des taux de croissance a partir de deux dates seulement. Cet article a pour but d'aborder ces anomalies eventuelles. Pour calculer les taux de croissance, on emploie toutes les donnees disponibles et on elargit la portee du processus d'enseignement pour inclure l'enseignement superieur. Les resultats laissent supposer que l'enseignement superieur pourrait jouer un role important dans le processus de croissance. CHATTERJI M. (1998) Der Tertiare Bildungsbereich und Wirtschaftliches Wachstum, Reg. Studies 32 , 349-354. Der vorliegende Aufsatz untersucht die potentielle Bedeutung des tertiaren Bildungsbereichs im Wachstumsprozess mittels Standarddaten auf diesem Gebiet. Fruhere Studien haben sich grossenteils auf den Bereich der Grundschulen und Sekundarschulen konzentriert, und haben Wachstumsraten mit Hilfe von zwei Datenpunkten berechnet. Dieser Aufsatz beschaftigt sich mit solchen potentiellen Anomalien. Es werden alle verfugbaren Daten zur Berechnung eingesetzt, und der Rahmen des Bildungsprozesses durch Einbeziehung des tertiaren Bildungsbereiches erweitert. Die Ergebnisse weisen darauf hin, dass der tertiare Bereich durchaus eine Rolle im Wachstumsprozess spielen konnte.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 32 (1998)
Issue (Month): 4 ()
Pages: 349-354

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Handle: RePEc:taf:regstd:v:32:y:1998:i:4:p:349-354

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Related research

Keywords: Growth; Education; Convergence;

References

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  1. Paul M. Romer, 1989. "Human Capital And Growth: Theory and Evidence," NBER Working Papers 3173, National Bureau of Economic Research, Inc.
  2. N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
  3. Kiminori Matsuyama, 1990. "Increasing Returns, Industrialization and Indeterminacy of Equilibrium," Discussion Papers 878, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  4. Levine, Ross & Renelt, David, 1991. "A sensitivity analysis of cross-country growth regressions," Policy Research Working Paper Series 609, The World Bank.
  5. Krugman, Paul, 1991. "History versus Expectations," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 651-67, May.
  6. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December.
  7. Barro, Robert J, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 407-43, May.
  8. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  9. Stern, Nicholas, 1991. "The Determinants of Growth," Economic Journal, Royal Economic Society, vol. 101(404), pages 122-33, January.
  10. Chatterji, Monojit & Gilmore, Brian & Strunk, Kurt & Vanasin, Jon, 1993. "Political economy, growth and convergence in less-developed countries," World Development, Elsevier, vol. 21(12), pages 2029-2038, December.
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Cited by:
  1. David Brasington, 2002. "Differences in the Production of Education Across Regions and Urban and Rural Areas," Regional Studies, Taylor & Francis Journals, vol. 36(2), pages 137-145.
  2. Chun-Li Tsai & Ming-Cheng Hung & Kevin Harriott, 2010. "Human Capital Composition and Economic Growth," Social Indicators Research, Springer, vol. 99(1), pages 41-59, October.
  3. Stavros Rodokanakis, 2006. "“How Effective are the Regional Policies of Convergence in the EU?”," European Research Studies Journal, European Research Studies Journal, vol. 0(3-4), pages 59-74.
  4. Amnon Frenkel & Eran Leck, 2006. "Investments in Higher Education and the Economic Performance of OECD Member Countries," ERSA conference papers ersa06p153, European Regional Science Association.
  5. Monojit Chatterji, 2008. "Education and Economic Development in India," Dundee Discussion Papers in Economics 210, Economic Studies, University of Dundee.

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