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A causality analysis of the link between higher education and economic development

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  • Jean Luc De Meulemeester
  • Denis Rochat

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Bibliographic Info

Paper provided by ULB -- Universite Libre de Bruxelles in its series ULB Institutional Repository with number 2013/1573.

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Date of creation: 1995
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Publication status: Published in: Economics of Education Review (1995) v.14 n° 4,p.351-361
Handle: RePEc:ulb:ulbeco:2013/1573

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Postal: CP135, 50, avenue F.D. Roosevelt, 1050 Bruxelles
Web page: http://difusion.ulb.ac.be
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References

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  1. Perron, P., 1986. "Trends and Random Walks in Macroeconomic Time Series: Further Evidence From a New Approach," Cahiers de recherche, Universite de Montreal, Departement de sciences economiques 8650, Universite de Montreal, Departement de sciences economiques.
  2. Kevin M. Murphy & Andrei Shleifer & Robert W. Vishny, 1990. "The Allocation of Talent: Implications for Growth," NBER Working Papers 3530, National Bureau of Economic Research, Inc.
  3. Blomstrom, Magnus & Lipsey, Robert E & Zejan, Mario, 1996. "Is Fixed Investment the Key to Economic Growth," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 111(1), pages 269-76, February.
  4. Benavot, Aaron, 1991. "Curricular content, educational expansion, and economic growth," Policy Research Working Paper Series 734, The World Bank.
  5. Johansen, Soren, 1992. "Determination of Cointegration Rank in the Presence of a Linear Trend," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 54(3), pages 383-97, August.
  6. Breusch, T S, 1978. "Testing for Autocorrelation in Dynamic Linear Models," Australian Economic Papers, Wiley Blackwell, vol. 17(31), pages 334-55, December.
  7. Khan, Shahrukh R. & Shaw, W. Douglass & Hussain, Fazal, 1991. "Causality between literacy and labor productivity in Pakistan," Economics of Education Review, Elsevier, vol. 10(3), pages 245-251, September.
  8. Cromwell, Jerry & Mitchell, Janet B., 1986. "Physician-induced demand for surgery," Journal of Health Economics, Elsevier, vol. 5(4), pages 293-313, December.
  9. Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, Econometric Society, vol. 55(2), pages 251-76, March.
  10. Godfrey, Leslie G, 1978. "Testing against General Autoregressive and Moving Average Error Models When the Regressors Include Lagged Dependent Variables," Econometrica, Econometric Society, Econometric Society, vol. 46(6), pages 1293-1301, November.
  11. George Psacharopoulos, 1985. "Returns to Education: A Further International Update and Implications," Journal of Human Resources, University of Wisconsin Press, vol. 20(4), pages 583-604.
  12. Jorgenson, Dale W & Fraumeni, Barbara M, 1992. " Investment in Education and U.S. Economic Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 94(0), pages S51-70, Supplemen.
  13. De Long, J Bradford & Summers, Lawrence H, 1991. "Equipment Investment and Economic Growth," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 106(2), pages 445-502, May.
  14. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  15. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, Econometric Society, vol. 37(3), pages 424-38, July.
  16. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
  17. Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
  18. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
  19. Caroli, Eve, 1994. "Croissance et formation : le rôle de la politique éducative," Economics Papers from University Paris Dauphine 123456789/10087, Paris Dauphine University.
  20. Denison, Edward F, 1983. "The Interruption of Productivity Growth in the United States," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 93(369), pages 56-77, March.
  21. Lee, Kiong-Hock & Psacharopoulos, George, 1979. "International comparisons of educational and economic indicators, revisited," World Development, Elsevier, vol. 7(11-12), pages 995-1004.
  22. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, Econometric Society, vol. 48(4), pages 817-38, May.
  23. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, Econometric Society, vol. 49(4), pages 1057-72, June.
  24. Nelson, Charles R. & Plosser, Charles I., 1982. "Trends and random walks in macroeconmic time series : Some evidence and implications," Journal of Monetary Economics, Elsevier, vol. 10(2), pages 139-162.
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Citations

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Cited by:
  1. Rena, Ravinder, 2007. "Financing Education And Development In Eritrea – Some Implications," MPRA Paper 11048, University Library of Munich, Germany, revised 2007.
  2. Bruce Chapman & Glenn Withers, 2002. "Human Capital Accumulation: Education and Immigration," CEPR Discussion Papers 452, Centre for Economic Policy Research, Research School of Economics, Australian National University.
  3. Rena, Ravinder, 2006. "Higher Education In Africa – A Case Of Eritrea," MPRA Paper 10580, University Library of Munich, Germany.
  4. Francis Teal, 2010. "Higher Education and Economic Development in Africa: a Review of Channels and Interactions," Economics Series Working Papers CSAE WPS/2010-25, University of Oxford, Department of Economics.
  5. bouoiyour, jamal, 2000. "Relation éducation croissance économique au Maroc Long terme ou court terme?
    [Education and Economic Growth in Morocco: short-term or long term relationship?]
    ," MPRA Paper 29162, University Library of Munich, Germany.
  6. Aziz, Babar & Khan, Tasneem & Aziz, Shumaila, 2008. "Impact of Higher Education on Economic Growth of Pakistan," MPRA Paper 22912, University Library of Munich, Germany, revised 2008.
  7. Bruce Chapman, 2005. "Income Contingent Loans for Higher Education: International Reform," CEPR Discussion Papers 491, Centre for Economic Policy Research, Research School of Economics, Australian National University.
  8. Aka, Bédia F. & Dumont, J.C., 2008. "HEALTH, EDUCATION AND ECONOMIC GROWTH: TESTING FOR LONG-RUN RELATIONSHIPS AND CAUSAL LINKS in the United States," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 8(2), pages 101-110.
  9. Gazi Mainul Hassan & Arusha Cooray, 2013. "Effects of Male and Female Education on Economic Growth: Some Evidence from Asia Using the Extreme Bounds Analysis," Working Papers in Economics 13/10, University of Waikato, Department of Economics.
  10. Gurgul, Henryk & Lach, Lukasz & Mestel, Roland, 2011. "The relationship between budgetary expenditure and economic growth in Poland," MPRA Paper 35784, University Library of Munich, Germany.
  11. Jean Luc De Meulemeester & Claude Diebolt, 2011. "Education and Growth: What Links for which policy," ULB Institutional Repository 2013/147669, ULB -- Universite Libre de Bruxelles.
  12. Francis Teal, 2010. "Higher Education and Economic Development in Africa: a Review of Channels and Interactions," CSAE Working Paper Series 2010-25, Centre for the Study of African Economies, University of Oxford.
  13. Sawami Matsushita & Abu Siddique & Margaret Giles, 2006. "Education and Economic Growth: A Case Study of Australia," Economics Discussion / Working Papers 06-15, The University of Western Australia, Department of Economics.
  14. Marta-Christina SUCIU & Remus Marian AVRAM & Emanuela Maria AVRAM & Raluca EFTIMIE, 2011. "The Potential Of The Investment In Education In Creating Socio-Economic Development In The New Economy And The Knowledge-Based Society," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 7, pages 255-264, May.
  15. Gurgul, Henryk & Lach, Łukasz, 2011. "Causality analysis between public expenditure and economic growth of Polish economy in last decade," MPRA Paper 52281, University Library of Munich, Germany.

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