Education Systems and Foreign Direct Investment : Does External Efficiency Matter?

This paper examines the effect of the efficiency of the education system on Foreign Direct Investment (FDI). First, it applies a frontier-based measure as a proxy of the ability of countries to optimally convert the average years of schooling into income for individuals. Second, it shows the relatio...

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Main Authors: Miningoua, Elise Wendlassida, Tapsoba, Sampawende Jules
Format: Journal Article
Published: Taylor and Francis 2021
Subjects:
Online Access:http://hdl.handle.net/10986/35761
id okr-10986-35761
recordtype oai_dc
spelling okr-10986-357612021-07-20T18:49:39Z Education Systems and Foreign Direct Investment : Does External Efficiency Matter? Miningoua, Elise Wendlassida Tapsoba, Sampawende Jules FOREIGN DIRECT INVESTMENT FDI HUMAN CAPITAL EDUCATION SYSTEM EFFICIENCY LABOR SKILLS INVESTMENT CLIMATE This paper examines the effect of the efficiency of the education system on Foreign Direct Investment (FDI). First, it applies a frontier-based measure as a proxy of the ability of countries to optimally convert the average years of schooling into income for individuals. Second, it shows the relationship between the external efficiency of the education system and FDI inflows. The results show that the efficiency level varies across regions and countries and appears to be driven by higher education and secondary vocational education. Similarly to other studies in the literature, there is no significant relationship between the average years of schooling and FDI inflows. However, the external efficiency of the education system is important for FDI inflows. Improving the external efficiency of the education system can play a role in attracting FDI especially in non-resource rich countries, non-landlocked countries and countries in the low and medium human development groups. 2021-06-16T15:03:16Z 2021-06-16T15:03:16Z 2020-09-29 Journal Article Journal of Applied Economics 1514-0326 http://hdl.handle.net/10986/35761 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic FOREIGN DIRECT INVESTMENT
FDI
HUMAN CAPITAL
EDUCATION SYSTEM
EFFICIENCY
LABOR SKILLS
INVESTMENT CLIMATE
spellingShingle FOREIGN DIRECT INVESTMENT
FDI
HUMAN CAPITAL
EDUCATION SYSTEM
EFFICIENCY
LABOR SKILLS
INVESTMENT CLIMATE
Miningoua, Elise Wendlassida
Tapsoba, Sampawende Jules
Education Systems and Foreign Direct Investment : Does External Efficiency Matter?
description This paper examines the effect of the efficiency of the education system on Foreign Direct Investment (FDI). First, it applies a frontier-based measure as a proxy of the ability of countries to optimally convert the average years of schooling into income for individuals. Second, it shows the relationship between the external efficiency of the education system and FDI inflows. The results show that the efficiency level varies across regions and countries and appears to be driven by higher education and secondary vocational education. Similarly to other studies in the literature, there is no significant relationship between the average years of schooling and FDI inflows. However, the external efficiency of the education system is important for FDI inflows. Improving the external efficiency of the education system can play a role in attracting FDI especially in non-resource rich countries, non-landlocked countries and countries in the low and medium human development groups.
format Journal Article
author Miningoua, Elise Wendlassida
Tapsoba, Sampawende Jules
author_facet Miningoua, Elise Wendlassida
Tapsoba, Sampawende Jules
author_sort Miningoua, Elise Wendlassida
title Education Systems and Foreign Direct Investment : Does External Efficiency Matter?
title_short Education Systems and Foreign Direct Investment : Does External Efficiency Matter?
title_full Education Systems and Foreign Direct Investment : Does External Efficiency Matter?
title_fullStr Education Systems and Foreign Direct Investment : Does External Efficiency Matter?
title_full_unstemmed Education Systems and Foreign Direct Investment : Does External Efficiency Matter?
title_sort education systems and foreign direct investment : does external efficiency matter?
publisher Taylor and Francis
publishDate 2021
url http://hdl.handle.net/10986/35761
_version_ 1764483721679863808