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The Century of Education

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Author Info
Christian Morrisson
Fabrice Murtin
Abstract

This paper presents a historical database on educational attainment in 74 countries for the period1870-2010, using perpetual inventory methods before 1960 and then the Cohen and Soto (2007)database. The correlation between the two sets of average years of schooling in 1960 is equal to 0.96.We use a measurement error framework to merge the two databases, while correcting for a systematicmeasurement bias in Cohen and Soto (2007) linked to differential mortality across educational groups.Descriptive statistics show a continuous spread of education that has accelerated in the second half ofthe twentieth century. We find evidence of fast convergence in years of schooling for a sub-sample ofadvanced countries during the 1870-1914 globalization period, and of modest convergence since1980. Less advanced countries have been excluded from the convergence club in both cases.

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Paper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0934.

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Date of creation: Jun 2009
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Handle: RePEc:cep:cepdps:dp0934

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Related research
Keywords: Inequality; human capital; economic history; copula function;

Find related papers by JEL classification:
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
E27 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
N00 - Economic History - - General - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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  1. Scott L. Baier & Gerald P. Dwyer & Robert Tamura, 2006. "How Important are Capital and Total Factor Productivity for Economic Growth?," Economic Inquiry, Oxford University Press, vol. 44(1), pages 23-49, January. [Downloadable!] (restricted)
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  2. Isaac Ehrlich & Jinyoung Kim, 2007. "The Evolution Of Income And Fertility Inequalities Over The Course Of Economic Development: A Human Capital Perspective," Discussion Paper Series 0704, Institute of Economic Research, Korea University. [Downloadable!]
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  3. Angel de la Fuente & Rafael Doménech, 2006. "Human Capital in Growth Regressions: How Much Difference Does Data Quality Make?," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 1-36, 03. [Downloadable!] (restricted)
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  4. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August. [Downloadable!] (restricted)
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  5. Alan B. Krueger & Mikael Lindahl, 2001. "Education for Growth: Why and for Whom?," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1101-1136, December. [Downloadable!] (restricted)
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