Effects of Primary, Secondary and Tertiary Education on Economic Growth
Loening investigates the impact of human capital on economic growth in Guatemala during 1951-2002 using an error-correction methodology. The results show a better-educated labor force having a positive and significant impact on economic growth. Consistent with microeconomic studies for Guatemala, pr...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/05/5796629/effects-primary-secondary-tertiary-education-economic-growth-evidence-guatemala http://hdl.handle.net/10986/8922 |
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okr-10986-89222021-04-23T14:02:42Z Effects of Primary, Secondary and Tertiary Education on Economic Growth Loening, Josef L. SOCIAL DEVELOPMENT STRUCTURAL ADJUSTMENT TAX REVENUES TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGICAL PROGRESS TECHNOLOGY TRANSFER TERTIARY EDUCATION TIME SERIES TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE OPENNESS VIOLENCE WAGES WATER SERVICES WEALTH WORKERS; ANNUAL GROWTH BUREAUCRACY CAPITAL ACCUMULATION CENTRAL AMERICAN CENTRAL BANK CIVIL WAR CLIMATE COMPETITIVENESS CORRUPTION COUNTRY DATA DATA AVAILABILITY DATA ISSUES DEMOCRACY DEMOCRATIC INSTITUTIONS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DIMINISHING RETURNS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMICS ECONOMICS LITERATURE EDUCATION LEVEL EDUCATIONAL ATTAINMENT ELASTICITY ELECTIONS EMPIRICAL EVIDENCE EMPIRICAL GROWTH MODEL EMPIRICAL RESEARCH EMPIRICAL RESULTS EMPIRICAL STUDIES EMPLOYMENT. Loening investigates the impact of human capital on economic growth in Guatemala during 1951-2002 using an error-correction methodology. The results show a better-educated labor force having a positive and significant impact on economic growth. Consistent with microeconomic studies for Guatemala, primary and secondary education are most important for productivity growth. These findings are robust while changing the conditioning set of the variables, controlling for data issues and endogeneity. Due to an environment of social and political conflict, however, total factor productivity has been slightly negative for the past decades, and there is evidence of a missing complementarily between the country's skills and its technology base. The author presents a growth-accounting framework which takes into account quality changes of physical capital, and differentiates by level of education. It shows that the human capital variables explain more than 50 percent of output growth. Of these, secondary schooling is the predominant determinant of growth. 2012-06-25T15:09:36Z 2012-06-25T15:09:36Z 2005-05 http://documents.worldbank.org/curated/en/2005/05/5796629/effects-primary-secondary-tertiary-education-economic-growth-evidence-guatemala http://hdl.handle.net/10986/8922 English Policy Research Working Paper; No. 3610 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 Latin America & Caribbean Guatemala |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
SOCIAL DEVELOPMENT STRUCTURAL ADJUSTMENT TAX REVENUES TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGICAL PROGRESS TECHNOLOGY TRANSFER TERTIARY EDUCATION TIME SERIES TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE OPENNESS VIOLENCE WAGES WATER SERVICES WEALTH WORKERS; ANNUAL GROWTH BUREAUCRACY CAPITAL ACCUMULATION CENTRAL AMERICAN CENTRAL BANK CIVIL WAR CLIMATE COMPETITIVENESS CORRUPTION COUNTRY DATA DATA AVAILABILITY DATA ISSUES DEMOCRACY DEMOCRATIC INSTITUTIONS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DIMINISHING RETURNS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMICS ECONOMICS LITERATURE EDUCATION LEVEL EDUCATIONAL ATTAINMENT ELASTICITY ELECTIONS EMPIRICAL EVIDENCE EMPIRICAL GROWTH MODEL EMPIRICAL RESEARCH EMPIRICAL RESULTS EMPIRICAL STUDIES EMPLOYMENT. |
| spellingShingle |
SOCIAL DEVELOPMENT STRUCTURAL ADJUSTMENT TAX REVENUES TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATION TECHNOLOGICAL PROGRESS TECHNOLOGY TRANSFER TERTIARY EDUCATION TIME SERIES TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE OPENNESS VIOLENCE WAGES WATER SERVICES WEALTH WORKERS; ANNUAL GROWTH BUREAUCRACY CAPITAL ACCUMULATION CENTRAL AMERICAN CENTRAL BANK CIVIL WAR CLIMATE COMPETITIVENESS CORRUPTION COUNTRY DATA DATA AVAILABILITY DATA ISSUES DEMOCRACY DEMOCRATIC INSTITUTIONS DEVELOPED COUNTRIES DEVELOPING COUNTRIES DIMINISHING RETURNS ECONOMETRIC MODELS ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC RESEARCH ECONOMICS ECONOMICS LITERATURE EDUCATION LEVEL EDUCATIONAL ATTAINMENT ELASTICITY ELECTIONS EMPIRICAL EVIDENCE EMPIRICAL GROWTH MODEL EMPIRICAL RESEARCH EMPIRICAL RESULTS EMPIRICAL STUDIES EMPLOYMENT. Loening, Josef L. Effects of Primary, Secondary and Tertiary Education on Economic Growth |
| geographic_facet |
Latin America & Caribbean Guatemala |
| relation |
Policy Research Working Paper; No. 3610 |
| description |
Loening investigates the impact of human capital on economic growth in Guatemala during 1951-2002 using an error-correction methodology. The results show a better-educated labor force having a positive and significant impact on economic growth. Consistent with microeconomic studies for Guatemala, primary and secondary education are most important for productivity growth. These findings are robust while changing the conditioning set of the variables, controlling for data issues and endogeneity. Due to an environment of social and political conflict, however, total factor productivity has been slightly negative for the past decades, and there is evidence of a missing complementarily between the country's skills and its technology base. The author presents a growth-accounting framework which takes into account quality changes of physical capital, and differentiates by level of education. It shows that the human capital variables explain more than 50 percent of output growth. Of these, secondary schooling is the predominant determinant of growth. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Loening, Josef L. |
| author_facet |
Loening, Josef L. |
| author_sort |
Loening, Josef L. |
| title |
Effects of Primary, Secondary and Tertiary Education on Economic Growth |
| title_short |
Effects of Primary, Secondary and Tertiary Education on Economic Growth |
| title_full |
Effects of Primary, Secondary and Tertiary Education on Economic Growth |
| title_fullStr |
Effects of Primary, Secondary and Tertiary Education on Economic Growth |
| title_full_unstemmed |
Effects of Primary, Secondary and Tertiary Education on Economic Growth |
| title_sort |
effects of primary, secondary and tertiary education on economic growth |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2005/05/5796629/effects-primary-secondary-tertiary-education-economic-growth-evidence-guatemala http://hdl.handle.net/10986/8922 |
| _version_ |
1764407271418232832 |