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Education and Economic Development in India

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  • Monojit Chatterji

Abstract

This brief survey examines the returns to education in India , and then examines the role of education on both economic growth and economic development with particular reference to India. Throughout, the objective is to draw out the implications of the empirical results for education policy. The results suggest that female education is of particular importance in India. They also suggest that perhaps because of the externalities it generates, primary education is more important than might be deduced from its relatively low private rate of return.

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File URL: http://www.dundee.ac.uk/media/dundeewebsite/economicstudies/documents/discussion/DDPE_210.pdf
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Bibliographic Info

Paper provided by Economic Studies, University of Dundee in its series Dundee Discussion Papers in Economics with number 210.

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Length: 33 pages
Date of creation: Feb 2008
Date of revision:
Handle: RePEc:dun:dpaper:210

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Keywords: education; economic growth; economic development;

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References

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  1. Monojit Chatterji, 1998. "Tertiary Education and Economic Growth," Regional Studies, Taylor & Francis Journals, vol. 32(4), pages 349-354.
  2. Rayaprolu Nagaraj & Aristomène Varoudakis & Marie-Ange Véganzonès, 1998. "Long-Run Growth Trends and Convergence Across Indian States," OECD Development Centre Working Papers 131, OECD Publishing.
  3. Monojit Chatterji & Paul T. Seaman & Larry D. Singell Jr., 2003. "A test of the signalling hypothesis," Oxford Economic Papers, Oxford University Press, vol. 55(2), pages 191-215, April.
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Cited by:
  1. Roy, Chandan, 2011. "A study on the dropout problem of primary education in Uttar Dinajpur, West Bengal, India," MPRA Paper 40319, University Library of Munich, Germany.

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