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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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Publication status: published as Jamison, Eliot A. & Jamison, Dean T. & Hanushek, Eric A., 2007. "The effects of education quality on income growth and mortality decline," Economics of Education Review, Elsevier, vol. 26(6), pages 771-788, December.
Handle: RePEc:nbr:nberwo:12652

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Cited by:
  1. 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.
  2. Aysit Tansel & Nil Demet Güngör, 2012. "Gender Effects of Education on Economic Development in Turkey," Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum 1209, Koc University-TUSIAD Economic Research Forum.
  3. Andrew Leigh & Chris Ryan, 2011. "Long-Run Trends in School Productivity: Evidence from Australia," Education Finance and Policy, MIT Press, vol. 6(1), pages 105-135, January.
  4. 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.
  5. Joëlle Noailly & Suncica Vujic & Ali Aouragh, 2009. "The effects of competition on the quality of primary schools in the Netherlands," CPB Discussion Paper 120, CPB Netherlands Bureau for Economic Policy Analysis.
  6. Chun-Ping Chang & Chien-Chiang Lee & Meng-Chi Hsieh, 2011. "Globalization, Real Output and Multiple Structural Breaks," Global Economic Review, Taylor & Francis Journals, Taylor & Francis Journals, vol. 40(4), pages 421-444, December.
  7. Dean Jamison & Prabhat Jha & David E. Bloom, 2008. "Disease Control," PGDA Working Papers, Program on the Global Demography of Aging 3508, Program on the Global Demography of Aging.
  8. Eric Hanushek & Ludger Woessmann, 2008. "The Role of Cognitive Skills in Economic Development," Discussion Papers, Stanford Institute for Economic Policy Research 07-034, Stanford Institute for Economic Policy Research.
  9. H. Brooks, Douglas & Hasan, Rana & Lee, Jong-Wha & H. Son, Hyun & Zhuang, Juzhong, 2010. "Closing Development Gaps: Challenges and Policy Options," Asian Development Review, Asian Development Bank, Asian Development Bank, vol. 27(2), pages 1-28.
  10. Verguet, Stéphane & Jamison, Dean T., 2013. "Performance in rate of decline of adult mortality in the OECD, 1970–2010," Health Policy, Elsevier, Elsevier, vol. 109(2), pages 137-142.
  11. Breton, Theodore R., 2011. "The quality vs. the quantity of schooling: What drives economic growth?," Economics of Education Review, Elsevier, Elsevier, vol. 30(4), pages 765-773, August.
  12. Ljungberg, Jonas, 2013. "A Scientific Revolution that Made Life Longer. Schooling and the Decline of Infant Mortality in Europe," Lund Papers in Economic History, Department of Economic History, Lund University 127, Department of Economic History, Lund University.

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