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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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 |
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Foreign Institution |
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World Bank Open Knowledge Repository |
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World Bank |
topic |
FOREIGN DIRECT INVESTMENT FDI HUMAN CAPITAL EDUCATION SYSTEM EFFICIENCY LABOR SKILLS INVESTMENT CLIMATE |
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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 |