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Education is a powerful catalyst for the change of a society and plays a crucial role in the development of a nation. In recent years, education has been included as a key component of Human Development Index. As a result, social and regional disparities in educational achievement drag back...
Persistent link: https://www.econbiz.de/10011258881
Education is the basic requirement and the ‘Fundamental Right’ of the citizens of a nation. Elementary Education system also serves as the base over which the super-structure of the whole knowledge system is built up. This calls for bringing all children under coverage of Elementary...
Persistent link: https://www.econbiz.de/10011259678
The growth effects of human capital, measured in various ways, are controversial and inconclusive. In this paper we estimate the growth effect of human capital with country specific time series data for Australia. In doing so, we extended the Solow (1956) growth model by using educational...
Persistent link: https://www.econbiz.de/10009368148
This paper examines the determinants of economic growth in Guatemala, with a particular focus on schooling. Results based on the error-correction methodology show a better educated labour force has a positive and significant impact on economic growth during 1951-2002. Consistent with micro...
Persistent link: https://www.econbiz.de/10008568615
This paper estimates the steady state growth rate for Ireland with an extended version of the Solow (1956) growth model. We show that the education and trade openness have played an important role to improve the long-run growth rate. Policies to further improve the long-run growth rate are...
Persistent link: https://www.econbiz.de/10009004053
The impact of education on earnings and thus on poverty works largely through labour market. Along with some other socio economic factors, education does play a crucial role to alleviate poverty. Better educated people has greater probability of being employed, are economically more productive...
Persistent link: https://www.econbiz.de/10011114000