The role of education in economic growtht: theory, history, and current returns.
Evidence is presented that economic development requires both human capital and physical capital and that historically human capital has been the limiting factor in national development. Education has direct and indirect effects on national income. Evidence is presented that the indirect effects are...
- Autores:
-
Breton, Theodore R.
- Tipo de recurso:
- Fecha de publicación:
- 2012
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- spa
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/548
- Acceso en línea:
- http://hdl.handle.net/10784/548
- Palabra clave:
- Development
Economic
Education
- Rights
- License
- Acceso abierto
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| dc.title.eng.fl_str_mv |
The role of education in economic growtht: theory, history, and current returns. |
| title |
The role of education in economic growtht: theory, history, and current returns. |
| spellingShingle |
The role of education in economic growtht: theory, history, and current returns. Development Economic Education |
| title_short |
The role of education in economic growtht: theory, history, and current returns. |
| title_full |
The role of education in economic growtht: theory, history, and current returns. |
| title_fullStr |
The role of education in economic growtht: theory, history, and current returns. |
| title_full_unstemmed |
The role of education in economic growtht: theory, history, and current returns. |
| title_sort |
The role of education in economic growtht: theory, history, and current returns. |
| dc.creator.fl_str_mv |
Breton, Theodore R. |
| dc.contributor.author.none.fl_str_mv |
Breton, Theodore R. |
| dc.subject.keyword.eng.fl_str_mv |
Development Economic Education |
| topic |
Development Economic Education |
| description |
Evidence is presented that economic development requires both human capital and physical capital and that historically human capital has been the limiting factor in national development. Education has direct and indirect effects on national income. Evidence is presented that the indirect effects are very large and larger than the direct effects in poor countries. The indirect effects are not very large and are smaller than the direct effects in rich countries. Investment in education has diminishing returns. Macro returns exceed 50 percent in poorly-educated countries and 12 percent in highly-educated countries. |
| publishDate |
2012 |
| dc.date.issued.none.fl_str_mv |
2012-05-12 |
| dc.date.available.none.fl_str_mv |
2013-03-08 2013-03-07T21:21:05Z |
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2013-03-07T21:21:05Z |
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workingPaper info:eu-repo/semantics/workingPaper |
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http://purl.org/coar/resource_type/c_8042 |
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draft |
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http://hdl.handle.net/10784/548 |
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http://hdl.handle.net/10784/548 |
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spa |
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spa |
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Acceso abierto |
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Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees |
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Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees2013-03-082013-03-07T21:21:05Z2012-05-122013-03-07T21:21:05Zhttp://hdl.handle.net/10784/548Evidence is presented that economic development requires both human capital and physical capital and that historically human capital has been the limiting factor in national development. Education has direct and indirect effects on national income. Evidence is presented that the indirect effects are very large and larger than the direct effects in poor countries. The indirect effects are not very large and are smaller than the direct effects in rich countries. Investment in education has diminishing returns. Macro returns exceed 50 percent in poorly-educated countries and 12 percent in highly-educated countries.Evidence is presented that economic development requires both human capital and physical capital and that historically human capital has been the limiting factor in national development. Education has direct and indirect effects on national income. Evidence is presented that the indirect effects are very large and larger than the direct effects in poor countries. The indirect effects are not very large and are smaller than the direct effects in rich countries. Investment in education has diminishing returns. Macro returns exceed 50 percent in poorly-educated countries and 12 percent in highly-educated countries.spaThe role of education in economic growtht: theory, history, and current returns.workingPaperinfo:eu-repo/semantics/workingPaperDocumento de trabajo de investigacióndrafthttp://purl.org/coar/version/c_b1a7d7d4d402bccehttp://purl.org/coar/resource_type/c_8042Acceso abiertohttp://purl.org/coar/access_right/c_abf2DevelopmentEconomicEducationBreton, Theodore R.ba3467c6-c896-4320-a3d2-b6bbfffb3e07-1tbreton@eafit.edu.coted.breton@gmail.comORIGINAL2012_03_Theodore_Breton.pdf2012_03_Theodore_Breton.pdfapplication/pdf1028031https://repository.eafit.edu.co/bitstreams/91047d50-498f-4e75-8da2-1562a76da326/download5dbd9902c82d1b3869dd7b29f3493153MD53LICENSElicense.txtlicense.txttext/plain; charset=utf-81748https://repository.eafit.edu.co/bitstreams/4dc64845-5bf5-4b91-9273-36d9888f09a1/download8a4605be74aa9ea9d79846c1fba20a33MD5210784/548oai:repository.eafit.edu.co:10784/5482024-12-04 11:47:17.455open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.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 |