2012
DOI: 10.1007/s10887-012-9081-x
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Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

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Cited by 756 publications
(203 citation statements)
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References 68 publications
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“…Studies have shown that the impact of public education spending on economic growth is nonmonical within a certain range, depending on government investment and construction, expenditure levels, tax structures, and technological production parameters. Research by Hanushek and Woessmann (2012) [9] based on organization for economic co-operation and development (OECD) panel data shows that education can significantly contribute to economic growth. Studies by Barro and Lee (2013) [10] based on the panel data of 146 countries suggests that education plays a significant role in promoting economic growth.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Studies have shown that the impact of public education spending on economic growth is nonmonical within a certain range, depending on government investment and construction, expenditure levels, tax structures, and technological production parameters. Research by Hanushek and Woessmann (2012) [9] based on organization for economic co-operation and development (OECD) panel data shows that education can significantly contribute to economic growth. Studies by Barro and Lee (2013) [10] based on the panel data of 146 countries suggests that education plays a significant role in promoting economic growth.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Although such comparisons between differing national education systems are difficult and challenging, they can be quite useful in deepening our understandings of education (Godard & Smith, 2004). The cost of public education is high, the outcomes are of substantial importance (Hanushek & Woessman, 2009), and it is central that nations identify the best ways to allocate finite resources to education.…”
mentioning
confidence: 99%
“…Creation of an effective human nation that increases labor productivity and accelerates return to capital is one of the most important things for the long-term and sustainable development of a nation (Goldin & Katz, 2008;Hanushek & Woessmann, 2012). Education is the single most significant component to create human nation (Goldin & Katz, 2008).…”
Section: Investment In Education Sectormentioning
confidence: 99%