A simplified medium term dynamic model of endogenous growth is used to analyze education externalities. Returns include direct but also indirect effects from education on growth and development. Indirect effects are externalities because they arise as the result of the education of others and...

The objectives of this research project were to seek economic theory under which the rate of return and manpower requirement approach are logically consistent with one another and to use this to interpret and explain the empirical results in Indonesia. The rate of return analysis was conducted...

The central focus of this research is to explore the role of human capital as a source of economic growth in Korea. This paper considers the relation of education to per-capita growth in the medium term in seven East-Asian countries. This includes in addition to basic education the relation of...

This major Handbook comprehensively surveys the rapidly growing field of the economics of education. It is unique in that it comprises original contributions on an exceptional range of topics from a review of human capital, signalling and screening models, to consideration of issues such as...