Schooling, Labour Force Quality and the Growth of Nations: Comment
Hanushek and Kimko (2000) concluded that, for a sample of nearly 80 countries, the quality of the labour force is significantly positively related to economic growth rates for the period 1960-1990 and is more important that mean years of schooling. In this paper, we further test the robustness of their result by firstly including in the original model a proxy for labour force health, and secondly by re-estimating the model for a later sample period. We conclude that the findings of Hanushek and Kimko are not robust to these changes. In particular, their measure of labour force quality is significantly but negatively related to economic growth rates for the later sample period.
|Date of creation:||2003|
|Date of revision:|
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- Dennis D. Kimko & Eric A. Hanushek, 2000.
"Schooling, Labor-Force Quality, and the Growth of Nations,"
American Economic Review,
American Economic Association, vol. 90(5), pages 1184-1208, December.
- Jerik Hanushek & Dennis Kimko, 2006. "Schooling, Labor-force Quality, and the Growth of Nations," Educational Studies, Higher School of Economics, issue 1, pages 154-193.
- Knowles, Stephen & Owen, P Dorian, 1997. "Education and Health in an Effective-Labour Empirical Growth Model," The Economic Record, The Economic Society of Australia, vol. 73(223), pages 314-28, December.
- Levine, Ross & Renelt, David, 1991.
"A sensitivity analysis of cross-country growth regressions,"
Policy Research Working Paper Series
609, The World Bank.
- Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-63, September.
- Robert J. Barro & Jong-Wha Lee, 2000.
"International Data on Educational Attainment: Updates and Implications,"
CID Working Papers
42, Center for International Development at Harvard University.
- Barro, Robert J & Lee, Jong-Wha, 2001. "International Data on Educational Attainment: Updates and Implications," Oxford Economic Papers, Oxford University Press, vol. 53(3), pages 541-63, July.
- Robert J. Barro & Jong-Wha Lee, 2000. "International Data on Educational Attainment Updates and Implications," NBER Working Papers 7911, National Bureau of Economic Research, Inc.
- McDonald, Scott & Roberts, Jennifer, 2002. "Growth and multiple forms of human capital in an augmented Solow model: a panel data investigation," Economics Letters, Elsevier, vol. 74(2), pages 271-276, January.
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