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Education Growth: Some Disaggregate Evideence from the Italian Regions

  • S. Lodde

    ()

The relationship between education and growth is examined in a sample of Italian regions. The neoclassical and Schumpeterian approaches which emphasize education growth and stock respectively as determinants of output growth are tested against each other using disaggregate data on education and capital stock. The main results are that productivity growth is influenced by the stock of education rather than its rate of growth. Tertiary education which does not promote growth in the aggregate becomes a significant growth enhancing factor if its allocation among sectors with different TFP dynamics is taken into account. In general controlling for this allocation effect reinforces the effects of education on output growth.

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Paper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 199911.

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Date of creation: 1999
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Handle: RePEc:cns:cnscwp:199911
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  1. Baumol, William J, 1990. "Entrepreneurship: Productive, Unproductive, and Destructive," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 893-921, October.
  2. Douglas Gollin, 2001. "Getting Income Shares Right," Department of Economics Working Papers 2001-11, Department of Economics, Williams College.
  3. 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.
  4. A. Di Liberto & J. Symons, 1998. "Human capital stocks and the development of Italian regions. A panel approach," Working Paper CRENoS 199804, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  5. S. Lodde, 1997. "Human Capital and Growth in the European Regions. Does Allocation Matter?," Working Paper CRENoS 199706, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  6. Peter Klenow & Andrés Rodríguez-Clare, 1997. "The Neoclassical Revival in Growth Economics: Has It Gone Too Far?," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 73-114 National Bureau of Economic Research, Inc.
  7. Mankiw, N Gregory & Romer, David & Weil, David N, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, MIT Press, vol. 107(2), pages 407-37, May.
  8. Romer, Paul M., 1990. "Human capital and growth: Theory and evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 32(1), pages 251-286, January.
  9. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S71-102, October.
  10. Richard R. Nelson & Edmond S. Phelps, 1965. "Investment in Humans, Technological Diffusion and Economic Growth," Cowles Foundation Discussion Papers 189, Cowles Foundation for Research in Economics, Yale University.
  11. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  12. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
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