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In this paper we investigate the effect of corruption on human capital accumulation through two channels. The first channel is through the effect of corruption on the public expenditure on education and the second channel is through the effect of corruption on the physical capital investment....
Persistent link: https://www.econbiz.de/10010656021
Higher education is in the position to save Europe by rendering a substantial contribution to sustainable economic growth. For that purpose higher education must strengthen its innovative power in entrepreneurship education and by focusing research more on societal problems, while being better...
Persistent link: https://www.econbiz.de/10009561436
Governments in the US, Canada and Europe have expressed an ambition to stimulate education of older. In this paper, we analyze if there are effects on annual earnings of formal education for participants aged 42-55 at the time of enrolment in 1994-1995. The analysis explores longitudinal...
Persistent link: https://www.econbiz.de/10008914332
Governments in the US, Canada and Europe have expressed an ambition to stimulate education of older. In this paper, we analyze if there are effects on annual earnings of formal education for participants aged 42-55 at the time of enrolment in 1994-1995. The analysis explores longitudinal...
Persistent link: https://www.econbiz.de/10008914362
Higher education is in the position to save Europe by rendering a substantial contribution to sustainable economic growth. For that purpose higher education must strengthen its innovative power in entrepreneurship education and by focusing research more on societal problems, while being better...
Persistent link: https://www.econbiz.de/10010556213
Higher education is in the position to save Europe by rendering a substantial contribution to sustainable economic growth. For that purpose higher education must strengthen its innovative power in entrepreneurship education and by focusing research more on societal problems, while being better...
Persistent link: https://www.econbiz.de/10010331415
This paper explains why different studies present widely-varying estimates of the effect of increased schooling on … average schooling attainment raises national income directly by about 10% and indirectly by about 19%. The increases in … national income are larger than the aggregate effect of higher workers’ salaries, because schooling has external effects on …
Persistent link: https://www.econbiz.de/10010762737
additional year of average adult schooling attainment raised GDP/adult directly and indirectly by 20 percent, and weekly hours … worked had an output elasticity of 0.5. The marginal product of schooling was double the marginal product of physical capital. …
Persistent link: https://www.econbiz.de/10011123740
find that each additional year of average schooling attainment during this period raised GDP/adult in Japan by 20 percent … investment from physical capital to post-secondary schooling would be a cost-effective strategy to raise growth rates. …
Persistent link: https://www.econbiz.de/10010827911
Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...
Persistent link: https://www.econbiz.de/10011307079