Directly unproductive schooling: How country characteristics affect the impact of schooling on growth Export

@article{citeulike:2386577, abstract = {The rapid rise in schooling in developing countries in recent decades has been dramatic. However, many cross-country regression analyses of the impact of schooling on economic growth find low and insignificant coefficients. This empirical `puzzle' contrasts with theoretical arguments that schooling, through raising human capital, should raise income levels. This paper argues that poor results are to be expected when regression samples include countries that vary greatly in their ability to use schooling productively. Data on corruption, the black market premium on foreign exchange and the extent of the brain drain for developing countries are used as indicators of an economy's productive use of schooling. Regression analysis shows that the impact of schooling on economic growth is substantially higher in countries that are adjudged to use schooling productively.}, author = {Rogers, Mark L.}, citeulike-article-id = {2386577}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/j.euroecorev.2007.03.001}, citeulike-linkout-1 = {http://www.sciencedirect.com/science/article/B6V64-4NNYG2K-1/2/3dd098d4dd99582badbad8266a37eb0f}, doi = {10.1016/j.euroecorev.2007.03.001}, journal = {European Economic Review}, keywords = {education, growth, iv}, month = {February}, number = {2}, pages = {356--385}, posted-at = {2008-02-15 15:23:42}, priority = {2}, title = {Directly unproductive schooling: How country characteristics affect the impact of schooling on growth}, url = {http://dx.doi.org/10.1016/j.euroecorev.2007.03.001}, volume = {52}, year = {2008} }

TY - JOUR ID - citeulike:2386577 L3 - citeulike-article-id:2386577 N2 - The rapid rise in schooling in developing countries in recent decades has been dramatic. However, many cross-country regression analyses of the impact of schooling on economic growth find low and insignificant coefficients. This empirical `puzzle' contrasts with theoretical arguments that schooling, through raising human capital, should raise income levels. This paper argues that poor results are to be expected when regression samples include countries that vary greatly in their ability to use schooling productively. Data on corruption, the black market premium on foreign exchange and the extent of the brain drain for developing countries are used as indicators of an economy's productive use of schooling. Regression analysis shows that the impact of schooling on economic growth is substantially higher in countries that are adjudged to use schooling productively. IS - 2 JF - European Economic Review EP - 385 TI - Directly unproductive schooling: How country characteristics affect the impact of schooling on growth VL - 52 SP - 356 KW - education KW - growth KW - iv AU - Rogers, Mark PY - 2008/02// UR - http://dx.doi.org/10.1016/j.euroecorev.2007.03.001 ER -