The Quality vs. the Quantity of Schooling: What Drives Economic Growth?

This paper challenges Hanushek and Woessmann's (2008) contention that the quality and not the quantity of schooling determines a nation's rate of economic growth. I first show that their statistical analysis is flawed. I then show that when a nation's average test scores and average s...

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Autores:
Breton, Theodore R.
Tipo de recurso:
Fecha de publicación:
2011
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
eng
OAI Identifier:
oai:repository.eafit.edu.co:10784/7556
Acceso en línea:
http://hdl.handle.net/10784/7556
Palabra clave:
Cognitive skills
Human capital
Education
Schooling
Economic growth
Rights
License
restrictedAccess
id REPOEAFIT2_330524cb4a285f25ae29b849f4e24b18
oai_identifier_str oai:repository.eafit.edu.co:10784/7556
network_acronym_str REPOEAFIT2
network_name_str Repositorio EAFIT
repository_id_str
spelling 20112015-11-06T16:27:23Z20112015-11-06T16:27:23Z0272-7757http://hdl.handle.net/10784/755610.1016/j.econedurev.2011.01.005This paper challenges Hanushek and Woessmann's (2008) contention that the quality and not the quantity of schooling determines a nation's rate of economic growth. I first show that their statistical analysis is flawed. I then show that when a nation's average test scores and average schooling attainment are included in a national income model, both measures explain income differences, but schooling attainment has greater statistical significance. The high correlation between a nation's average schooling attainment, cumulative investment in schooling, and average tests scores indicates that average schooling attainment implicitly measures the quality as well as the quantity of schooling.engElsevierEconomics of Education Review. Vol.30(4), 2011, pp.765-773http://www.sciencedirect.com/science/article/pii/S0272775711000069http://www.sciencedirect.com/science/article/pii/S0272775711000069restrictedAccessCopyright © 2011 Elsevier Ltd. All rights reserved.Acceso restringidohttp://purl.org/coar/access_right/c_16ecEconomics of Education Review. Vol.30(4), 2011, pp.765-773The Quality vs. the Quantity of Schooling: What Drives Economic Growth?articleinfo:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtículoObra publicadapublishedVersionhttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Cognitive skillsHuman capitalEducationSchoolingEconomic growthEscuela de Economía y FinanzasEconomíaBreton, Theodore R.Universidad EAFIT, Departamento de Economía y Finanzas, Medellín, Colombia.Estudios en Economía y EmpresaEconomics of Education Review30476577310784/7556oai:repository.eafit.edu.co:10784/75562015-11-06 16:38:09.606metadata.onlyhttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co
dc.title.eng.fl_str_mv The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
title The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
spellingShingle The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
Cognitive skills
Human capital
Education
Schooling
Economic growth
title_short The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
title_full The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
title_fullStr The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
title_full_unstemmed The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
title_sort The Quality vs. the Quantity of Schooling: What Drives Economic Growth?
dc.creator.fl_str_mv Breton, Theodore R.
dc.contributor.department.spa.fl_str_mv Escuela de Economía y Finanzas
Economía
dc.contributor.author.spa.fl_str_mv Breton, Theodore R.
dc.contributor.affiliation.spa.fl_str_mv Universidad EAFIT, Departamento de Economía y Finanzas, Medellín, Colombia.
dc.contributor.program.spa.fl_str_mv Estudios en Economía y Empresa
dc.subject.keyword.eng.fl_str_mv Cognitive skills
Human capital
Education
Schooling
Economic growth
topic Cognitive skills
Human capital
Education
Schooling
Economic growth
description This paper challenges Hanushek and Woessmann's (2008) contention that the quality and not the quantity of schooling determines a nation's rate of economic growth. I first show that their statistical analysis is flawed. I then show that when a nation's average test scores and average schooling attainment are included in a national income model, both measures explain income differences, but schooling attainment has greater statistical significance. The high correlation between a nation's average schooling attainment, cumulative investment in schooling, and average tests scores indicates that average schooling attainment implicitly measures the quality as well as the quantity of schooling.
publishDate 2011
dc.date.issued.none.fl_str_mv 2011
dc.date.available.none.fl_str_mv 2015-11-06T16:27:23Z
dc.date.accessioned.none.fl_str_mv 2015-11-06T16:27:23Z
dc.date.none.fl_str_mv 2011
dc.type.eng.fl_str_mv article
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.local.spa.fl_str_mv Artículo
dc.type.hasVersion.spa.fl_str_mv Obra publicada
dc.type.hasVersion.eng.fl_str_mv publishedVersion
status_str publishedVersion
dc.identifier.issn.none.fl_str_mv 0272-7757
dc.identifier.uri.none.fl_str_mv http://hdl.handle.net/10784/7556
dc.identifier.doi.none.fl_str_mv 10.1016/j.econedurev.2011.01.005
identifier_str_mv 0272-7757
10.1016/j.econedurev.2011.01.005
url http://hdl.handle.net/10784/7556
dc.language.iso.eng.fl_str_mv eng
language eng
dc.relation.ispartof.spa.fl_str_mv Economics of Education Review. Vol.30(4), 2011, pp.765-773
dc.relation.isversionof.none.fl_str_mv http://www.sciencedirect.com/science/article/pii/S0272775711000069
dc.relation.uri.none.fl_str_mv http://www.sciencedirect.com/science/article/pii/S0272775711000069
dc.rights.eng.fl_str_mv restrictedAccess
dc.rights.spa.fl_str_mv Copyright © 2011 Elsevier Ltd. All rights reserved.
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_16ec
dc.rights.local.spa.fl_str_mv Acceso restringido
rights_invalid_str_mv restrictedAccess
Copyright © 2011 Elsevier Ltd. All rights reserved.
Acceso restringido
http://purl.org/coar/access_right/c_16ec
dc.publisher.eng.fl_str_mv Elsevier
dc.source.spa.fl_str_mv Economics of Education Review. Vol.30(4), 2011, pp.765-773
institution Universidad EAFIT
repository.name.fl_str_mv Repositorio Institucional Universidad EAFIT
repository.mail.fl_str_mv repositorio@eafit.edu.co
_version_ 1814110190185742336

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