2018
DOI: 10.1353/jda.2018.0018
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Does Education Promote Economic Growth in Lao PDR?: Evidence From Cointegration And Granger Causality Approaches

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Cited by 16 publications
(11 citation statements)
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“…In other words, these studies argue that there is bidirectional causality between economic education and economic growth. Studies that have findings consistent with this view include In and Doucouliagos (1997), Francis and Iyare (2006), Narayan and Smyth (2006), Islam et al (2007), Al-Yousif (2008, Beskaya et al (2010), Afzal et al (2011), Rashid (2014, Kyophilavong (2018), and Liao et al (2019), amongst others. In and Doucouliagos (1997) examine the causal relationship between private sector output and human capital formation using annual data for the United States from 1949 to 1984.…”
Section: Literature Review-an Overviewmentioning
confidence: 92%
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“…In other words, these studies argue that there is bidirectional causality between economic education and economic growth. Studies that have findings consistent with this view include In and Doucouliagos (1997), Francis and Iyare (2006), Narayan and Smyth (2006), Islam et al (2007), Al-Yousif (2008, Beskaya et al (2010), Afzal et al (2011), Rashid (2014, Kyophilavong (2018), and Liao et al (2019), amongst others. In and Doucouliagos (1997) examine the causal relationship between private sector output and human capital formation using annual data for the United States from 1949 to 1984.…”
Section: Literature Review-an Overviewmentioning
confidence: 92%
“…The author found that there is a feedback relationship between the two variables. Kyophilavong (2018), in examining the relationship between education and economic growth in Lao during the period 1984-2013, found evidence of a feedback causality between Education and economic growth in South Africa education and economic growth at all levels. The study recommends that more investment should be channelled towards the education sector in order to foster economic growth.…”
Section: Literature Reviewan Overviewmentioning
confidence: 99%
“…The recommendation is the government must increase the quality of education since it is proved to be able to increase economic growth. Kyophilavong et al (2018) conducted a research in Laos during 1984-2013. The conclusion of his research is that education can provide positive and significant influence toward the economic growth in Laos.…”
Section: Educationmentioning
confidence: 99%
“…In contrast, Kyophilavong, Ogawa, Kim, Nouansavanh (2018) have reported that some scholars are of the view that the relationship between education and economic growth is weak Bils and Klenow (2000). One study by Self and Grabowski (2004) in India has actually reported that causality runs from the primary education enrolment to growth; but that secondary education enrolment in tertiary education does not Granger cause growth.…”
Section: Introductionmentioning
confidence: 97%
“…Most of the studies, according Phouphet Kyophilavong, Keiichi Ogawa, Byoungki Kim, Khamlusa Nouansavanh (2018), have reported that there is Granger causality running from education to economic growth. For that *Address correspondence to this author at the School for Professional Studies in Education/COMBER Research Niche Area, Faculty of Education, North-West University, Mafikeng, 2735, South Africa; Tel: + 27-18-3892208; Fax: +27 -18-3892038; E-mail: Akpovire.Oduaran@nwu.ac.za # Being an adapted version of a paper presented at the Annual Conference American Association for Adult and Continuing Education (AAACE), held at the Marriot Hotel, Myrtle Beach, South Carolina, USA, October 1-5, 2018. matter, the studies by De Meulemeester and Rochat (1995), for example, found that there is unidirectional Granger causality running from higher education enrolment to economic growth in Sweden, the UK, Japan, and France (Kyophilavong, Ogawa, Kim, Nouansavanh, 2018). The study by Narayan and Smyth (2004) found unidirectional Granger causality running from human capital to economic growth in China, and that by Grabowski (2003) has reported a causality running from primary, secondary, and tertiary education to growth in Japan.…”
Section: Introductionmentioning
confidence: 98%