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Education and Economic Development in India

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  • Chatterji, Monojit

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.

Suggested Citation

  • Chatterji, Monojit, 2008. "Education and Economic Development in India," SIRE Discussion Papers 2008-12, Scottish Institute for Research in Economics (SIRE).
    • Handle: RePEc:edn:sirdps:25
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    File URL: http://hdl.handle.net/10943/25
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    References listed on IDEAS

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    Cited by:

    1. Sayantan Ghosh Dastidar & Sushil Mohan & Monojit Chatterji, 2012. "The relationship between public education expenditure and economic growth: The case of India," Dundee Discussion Papers in Economics 273, Economic Studies, University of Dundee.
    2. 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.
    3. Abdalali Monsef & Abolfazl Shahmohammadi Mehrjardi, 2015. "Investigation Development Degree of Esfahan Province of Iran in Terms of Educational Indices," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 5(1), pages 37-44, January.
    4. R Veerachamy & R Dinesh Kannan, 2018. "A Study on Educational Status in India," Shanlax International Journal of Economics, Shanlax Journals, vol. 6(2), pages 66-78, March.

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