Economic growth and cycles: Cross-country models of education, industry and fertility and international comparisons
The aim of this article is to point out the importance of education on a sustained economic development strategy, having into account inter-sector relations and the influence of education in the growth of production per head. Three cross-country models are presented. The first model relates the diminution of excessively high fertility rates with increases in the educative level of population. The second model relates value-added in the services sector with the internal production of industry and agriculture, as well as with foreign trade and changes in population. The third model relates the industrial development with the educative level of population and foreign trade. We analyse, from a worldwide view, the evolution of real Gross Domestic Product (Gdp), Population and Gdp per inhabitant (Gdph). USA, Japan, the European Union, Latin America, Africa, China, India, and other areas of Europe and Asia-Pacific are considered, and the main differences in the levels of Gdph are explained, having into account the results of the cross-country models. The main conclusions highlight the necessity of new international policies for improving the educative level of population in less developed countries. .
Volume (Year): 1 (2001)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.usc.es/economet/eaa.htm|
|Order Information:|| Web: http://www.usc.es/economet/info.htm Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lee, J.-W. & Barro, R.J., 1998.
"Schooling Quality in a Cross Section of Countries,"
659, Harvard - Institute for International Development.
- Lawrence F. Katz & Claudia Goldin, 2001. "The Legacy of U.S. Educational Leadership: Notes on Distribution and Economic Growth in the 20th Century," American Economic Review, American Economic Association, vol. 91(2), pages 18-23, May.
- Susanto Basu & Alan M. Taylor, 1999.
"Business Cycles in International Historical Perspective,"
NBER Working Papers
7090, National Bureau of Economic Research, Inc.
- Susanto Basu & Alan M. Taylor, 1999. "Business Cycles in International Historical Perspective," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 45-68, Spring.
- Guisan, M.Carmen & Exposito, Pilar, 2002. "Economic Growth and Cycles in Asia and Africa in the 20th Century," Review on Economic Cycles, International Association of Economic Cycles, vol. 5(1), December.
- Summers, Robert & Heston, Alan, 1991. "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 327-68, May.
When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:1:y:2001:i:1_1. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.