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The Effects of Education Quality on Income Growth and Mortality Decline

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  • Eliot A. Jamison
  • Dean T. Jamison
  • Eric A. Hanushek

Abstract

Previous work shows that higher levels of education quality (as measured by international student achievement tests) increases growth rates of national income. This paper begins by confirming those findings in an analysis involving more countries over more time with additional controls. We then use the panel structure of our data to assess whether the mechanism by which education quality appears to improve per capita income levels is through shifting the level of the production function (probably not), through increasing the impact of an additional year of education (probably not), or through increasing a country's rate of technological progress (very likely). Mortality rates complement income levels as indicators of national well-being and we extend our panel models to show that improved education quality increases the rate of decline in infant mortality. Throughout the analysis, we find a stronger impact of education quality and of years of schooling in open than in closed economies.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 12652.

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Date of creation: Oct 2006
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Handle: RePEc:nbr:nberwo:12652

Note: ED EFG ITI LS CH HE
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Cited by:
  1. Aysit Tansel & Nil Demet Gungor, 2012. "Gender Effects of Education on Economic Development in Turkey," ERC Working Papers 1203, ERC - Economic Research Center, Middle East Technical University, revised Apr 2012.
  2. Chun-Ping Chang & Chien-Chiang Lee & Meng-Chi Hsieh, 2011. "Globalization, Real Output and Multiple Structural Breaks," Global Economic Review, Taylor & Francis Journals, vol. 40(4), pages 421-444, December.
  3. Joëlle Noailly & Sunčica Vujić & Ali Aouragh, 2012. "The effects of competition on the quality of primary schools in the Netherlands," Environment and Planning A, Pion Ltd, London, vol. 44(9), pages 2153-2170, September.
  4. Torberg Falch & Justina A.V. Fischer, 2008. "Does a Generous Welfare State Crowd out Student Achievement? Panel Data Evidence from International Student Tests," CESifo Working Paper Series 2383, CESifo Group Munich.
  5. Das, Jishnu & Zajonc, Tristan, 2008. "India shining and Bharat drowning: comparing two Indian states to the worldwide distribution in mathematics achievement," Policy Research Working Paper Series 4644, The World Bank.
  6. Eric Hanushek & Ludger Woessmann, 2008. "The Role of Cognitive Skills in Economic Development," Discussion Papers 07-034, Stanford Institute for Economic Policy Research.
  7. Verguet, Stéphane & Jamison, Dean T., 2013. "Performance in rate of decline of adult mortality in the OECD, 1970–2010," Health Policy, Elsevier, vol. 109(2), pages 137-142.
  8. Ljungberg, Jonas, 2013. "A Scientific Revolution that Made Life Longer. Schooling and the Decline of Infant Mortality in Europe," Lund Papers in Economic History 127, Department of Economic History, Lund University.
  9. Breton, Theodore R., 2011. "The quality vs. the quantity of schooling: What drives economic growth?," Economics of Education Review, Elsevier, vol. 30(4), pages 765-773, August.
  10. Dean Jamison & Prabhat Jha & David E. Bloom, 2008. "Disease Control," PGDA Working Papers 3508, Program on the Global Demography of Aging.

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