The impact of investment in education on economic development: Spain in comparative perspective (1860-2000)
AbstractThroughout the 19th century and until the mid-20th century, in terms of long-term investment in human capital and, above all, in education, Spain lagged far behind the international standards and, more specifically, the levels attained by its neighbours in Europe. In 1900, only 55% of the population could read; in 1950, the figure was 93%. This no doubt contributed to a pattern of slower economic growth in which the physical strength required for agricultural work, measured here through height, had a larger impact than education on economic growth. It was not until the 1970s, with the arrival of democracy, that the Spanish education system was modernized and the influence of education on economic growth increased.
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Bibliographic InfoPaper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 1373.
Date of creation: Jun 2013
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Web page: http://www.econ.upf.edu/
employment structure; human capital; educational offer; economic growth.;
Find related papers by JEL classification:
- I2 - Health, Education, and Welfare - - Education
- I1 - Health, Education, and Welfare - - Health
- J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
- J8 - Labor and Demographic Economics - - Labor Standards
- N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-05 (All new papers)
- NEP-EDU-2013-07-05 (Education)
- NEP-FDG-2013-07-05 (Financial Development & Growth)
- NEP-HIS-2013-07-05 (Business, Economic & Financial History)
- NEP-HRM-2013-07-05 (Human Capital & Human Resource Management)
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