The Role of Education Quality for Economic Growth

The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting ec...

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Main Authors: Hanushek, Eric A., Woessmann, Ludger
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/02/7351670/role-education-quality-economic-growth
http://hdl.handle.net/10986/7154
id okr-10986-7154
recordtype oai_dc
spelling okr-10986-71542021-04-23T14:02:32Z The Role of Education Quality for Economic Growth Hanushek, Eric A. Woessmann, Ludger ACADEMIC ACHIEVEMENT ACHIEVEMENT SCORES ACHIEVEMENT TESTS ADULT LEARNING ADULT LITERACY ADULTS BASIC SKILLS CAREER CIVIC PARTICIPATION CLASS SIZES COGNITIVE ACHIEVEMENT COGNITIVE SKILLS COGNITIVE TEST DECISION MAKING DROP OUT RATES DROPOUT RATES ECONOMIC DEVELOPMENT ECONOMIC GROWTH EDUCATION FOR ALL EDUCATION FOR ALL INITIATIVE EDUCATION LEVELS EDUCATION POLICY EDUCATION PROGRAMS EDUCATION QUALITY EDUCATIONAL OUTCOMES EDUCATIONAL QUALITY EDUCATIONAL QUANTITY EFFECTIVE EDUCATION EFFECTS OF EDUCATION ELEMENTS EMPLOYMENT ENROLLMENT RATES FORMAL SCHOOLING GRADE REPETITION GRADUATION RATES HIGH SCHOOL HIGH SCHOOLS HIGHER DROPOUT HIGHER TEST SCORES HUMAN CAPITAL IMPACT OF LITERACY INDEXES INTERVENTIONS LABOR FORCE LABOR MARKETS LEARNING LITERACY SURVEY LITERACY TESTS LITERATURE MATH SKILLS MATHEMATICAL CONCEPTS MATHEMATICS NUMERACY OLD STUDENTS PAPERS PRIMARY SCHOOL PRIMARY SCHOOLS QUALITY OF EDUCATION QUALITY SCHOOLS RATES OF RETURN READING REPETITION RATES RESEARCHERS RETURNS TO EDUCATION SCHOOL ATTENDANCE SCHOOL COMPLETION SCHOOL DROPOUTS SCHOOL ENROLLMENT SCHOOL FACTORS SCHOOL IMPROVEMENT SCHOOL LEAVERS SCHOOL PERSONNEL SCHOOL POLICIES SCHOOL POLICY SCHOOL QUALITY SCHOOLING SCHOOLS SECONDARY SCHOOL SECONDARY SCHOOL LEAVERS SECONDARY SCHOOLING SKILL DEVELOPMENT STANDARDIZED TESTS STUDENT ACHIEVEMENT STUDENT OUTCOMES STUDENT SKILLS TEACHER TEACHER CERTIFICATION TEACHER EDUCATION TEACHER QUALITY TEACHER SALARIES TEACHER TRAINING TEACHERS TEST SCORES TEXTBOOKS WORK EXPERIENCE WORKERS WRITING SKILLS YOUTH The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic well-being, focusing on the role of educational quality. It concludes that there is strong evidence that the cognitive skills of the population-rather than mere school attainment-are powerfully related to individual earnings, to the distribution of income, and to economic growth. New empirical results show the importance of both minimal and high-level skills, the complementarity of skills and the quality of economic institutions, and the robustness of the relationship between skills and growth. International comparisons incorporating expanded data on cognitive skills reveal much larger skill deficits in developing countries than generally derived from just school enrollment and attainment. The magnitude of change needed makes it clear that closing the economic gap with industrial countries will require major structural changes in schooling institutions. 2012-06-05T18:40:42Z 2012-06-05T18:40:42Z 2007-02 http://documents.worldbank.org/curated/en/2007/02/7351670/role-education-quality-economic-growth http://hdl.handle.net/10986/7154 English Policy Research Working Paper; No. 4122 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ACADEMIC ACHIEVEMENT
ACHIEVEMENT SCORES
ACHIEVEMENT TESTS
ADULT LEARNING
ADULT LITERACY
ADULTS
BASIC SKILLS
CAREER
CIVIC PARTICIPATION
CLASS SIZES
COGNITIVE ACHIEVEMENT
COGNITIVE SKILLS
COGNITIVE TEST
DECISION MAKING
DROP OUT RATES
DROPOUT RATES
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EDUCATION FOR ALL
EDUCATION FOR ALL INITIATIVE
EDUCATION LEVELS
EDUCATION POLICY
EDUCATION PROGRAMS
EDUCATION QUALITY
EDUCATIONAL OUTCOMES
EDUCATIONAL QUALITY
EDUCATIONAL QUANTITY
EFFECTIVE EDUCATION
EFFECTS OF EDUCATION
ELEMENTS
EMPLOYMENT
ENROLLMENT RATES
FORMAL SCHOOLING
GRADE REPETITION
GRADUATION RATES
HIGH SCHOOL
HIGH SCHOOLS
HIGHER DROPOUT
HIGHER TEST SCORES
HUMAN CAPITAL
IMPACT OF LITERACY
INDEXES
INTERVENTIONS
LABOR FORCE
LABOR MARKETS
LEARNING
LITERACY SURVEY
LITERACY TESTS
LITERATURE
MATH SKILLS
MATHEMATICAL CONCEPTS
MATHEMATICS
NUMERACY
OLD STUDENTS
PAPERS
PRIMARY SCHOOL
PRIMARY SCHOOLS
QUALITY OF EDUCATION
QUALITY SCHOOLS
RATES OF RETURN
READING
REPETITION RATES
RESEARCHERS
RETURNS TO EDUCATION
SCHOOL ATTENDANCE
SCHOOL COMPLETION
SCHOOL DROPOUTS
SCHOOL ENROLLMENT
SCHOOL FACTORS
SCHOOL IMPROVEMENT
SCHOOL LEAVERS
SCHOOL PERSONNEL
SCHOOL POLICIES
SCHOOL POLICY
SCHOOL QUALITY
SCHOOLING
SCHOOLS
SECONDARY SCHOOL
SECONDARY SCHOOL LEAVERS
SECONDARY SCHOOLING
SKILL DEVELOPMENT
STANDARDIZED TESTS
STUDENT ACHIEVEMENT
STUDENT OUTCOMES
STUDENT SKILLS
TEACHER
TEACHER CERTIFICATION
TEACHER EDUCATION
TEACHER QUALITY
TEACHER SALARIES
TEACHER TRAINING
TEACHERS
TEST SCORES
TEXTBOOKS
WORK EXPERIENCE
WORKERS
WRITING SKILLS
YOUTH
spellingShingle ACADEMIC ACHIEVEMENT
ACHIEVEMENT SCORES
ACHIEVEMENT TESTS
ADULT LEARNING
ADULT LITERACY
ADULTS
BASIC SKILLS
CAREER
CIVIC PARTICIPATION
CLASS SIZES
COGNITIVE ACHIEVEMENT
COGNITIVE SKILLS
COGNITIVE TEST
DECISION MAKING
DROP OUT RATES
DROPOUT RATES
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
EDUCATION FOR ALL
EDUCATION FOR ALL INITIATIVE
EDUCATION LEVELS
EDUCATION POLICY
EDUCATION PROGRAMS
EDUCATION QUALITY
EDUCATIONAL OUTCOMES
EDUCATIONAL QUALITY
EDUCATIONAL QUANTITY
EFFECTIVE EDUCATION
EFFECTS OF EDUCATION
ELEMENTS
EMPLOYMENT
ENROLLMENT RATES
FORMAL SCHOOLING
GRADE REPETITION
GRADUATION RATES
HIGH SCHOOL
HIGH SCHOOLS
HIGHER DROPOUT
HIGHER TEST SCORES
HUMAN CAPITAL
IMPACT OF LITERACY
INDEXES
INTERVENTIONS
LABOR FORCE
LABOR MARKETS
LEARNING
LITERACY SURVEY
LITERACY TESTS
LITERATURE
MATH SKILLS
MATHEMATICAL CONCEPTS
MATHEMATICS
NUMERACY
OLD STUDENTS
PAPERS
PRIMARY SCHOOL
PRIMARY SCHOOLS
QUALITY OF EDUCATION
QUALITY SCHOOLS
RATES OF RETURN
READING
REPETITION RATES
RESEARCHERS
RETURNS TO EDUCATION
SCHOOL ATTENDANCE
SCHOOL COMPLETION
SCHOOL DROPOUTS
SCHOOL ENROLLMENT
SCHOOL FACTORS
SCHOOL IMPROVEMENT
SCHOOL LEAVERS
SCHOOL PERSONNEL
SCHOOL POLICIES
SCHOOL POLICY
SCHOOL QUALITY
SCHOOLING
SCHOOLS
SECONDARY SCHOOL
SECONDARY SCHOOL LEAVERS
SECONDARY SCHOOLING
SKILL DEVELOPMENT
STANDARDIZED TESTS
STUDENT ACHIEVEMENT
STUDENT OUTCOMES
STUDENT SKILLS
TEACHER
TEACHER CERTIFICATION
TEACHER EDUCATION
TEACHER QUALITY
TEACHER SALARIES
TEACHER TRAINING
TEACHERS
TEST SCORES
TEXTBOOKS
WORK EXPERIENCE
WORKERS
WRITING SKILLS
YOUTH
Hanushek, Eric A.
Woessmann, Ludger
The Role of Education Quality for Economic Growth
relation Policy Research Working Paper; No. 4122
description The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic well-being, focusing on the role of educational quality. It concludes that there is strong evidence that the cognitive skills of the population-rather than mere school attainment-are powerfully related to individual earnings, to the distribution of income, and to economic growth. New empirical results show the importance of both minimal and high-level skills, the complementarity of skills and the quality of economic institutions, and the robustness of the relationship between skills and growth. International comparisons incorporating expanded data on cognitive skills reveal much larger skill deficits in developing countries than generally derived from just school enrollment and attainment. The magnitude of change needed makes it clear that closing the economic gap with industrial countries will require major structural changes in schooling institutions.
format Publications & Research :: Policy Research Working Paper
author Hanushek, Eric A.
Woessmann, Ludger
author_facet Hanushek, Eric A.
Woessmann, Ludger
author_sort Hanushek, Eric A.
title The Role of Education Quality for Economic Growth
title_short The Role of Education Quality for Economic Growth
title_full The Role of Education Quality for Economic Growth
title_fullStr The Role of Education Quality for Economic Growth
title_full_unstemmed The Role of Education Quality for Economic Growth
title_sort role of education quality for economic growth
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/02/7351670/role-education-quality-economic-growth
http://hdl.handle.net/10986/7154
_version_ 1764401458013274112