Growth and Education

Does education matter for growth? Which type of education investment (primary, secondary, or tertiary) matters most? Is there a relationship between growth or innovation and the governance of higher education? This paper surveys recent attempts at answering these questions. It first contrasts the 'Lucas approach,' whereby growth is affected by the accumulation of human capital, with the 'Nelson?Phelps approach,' whereby growth is affected by the stock of human capital and by its interaction with the underlying process of technological innovation. Then the paper argues that growth in countries that are close to the world technological frontier benefit more from tertiary education, whereas countries that lie below the frontier benefit more from primary and secondary education. Finally, the paper discusses the relationship between innovation and the governance of universities.

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Bibliographic Details
Main Author: Aghion, Philippe
Format: Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2009
Subjects:ACADEMIC AUTONOMY, ACADEMIC PERFORMANCE, ALLOCATION, AMERICAN UNIVERSITIES, ANNUAL GROWTH, ANNUAL GROWTH RATE, AVERAGE GROWTH, AVERAGE LEVEL, AVERAGE PRODUCTIVITY, BENCHMARK, CAPITAL ACCUMULATION, CAPITAL INCREASES, CAPITAL PRODUCES, COMMUNITY COLLEGES, COUNTRY CASE, COUNTRY REGRESSIONS, CROSS COUNTRY, CURRICULUM, DEGREES, DEVELOPING COUNTRIES, DEVELOPMENT PRACTITIONERS, DISCIPLINES, DISTRIBUTION OF WEALTH, ECONOMETRIC ANALYSIS, ECONOMETRICS, ECONOMIC COOPERATION, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC LITERATURE, ECONOMIC RESEARCH, ECONOMICS, EDUCATION SECTOR, EDUCATION SYSTEMS, EDUCATIONAL ATTAINMENT, EDUCATIONAL POLICY, EMPIRICAL WORK, ERROR TERM, EXPENDITURES, EXPLANATORY VARIABLES, EXPORT DIVERSIFICATION, EXTERNALITIES, FACULTIES, FACULTY POSITIONS, FISCAL POLICIES, FIXED EFFECTS, FUTURE RESEARCH, GDP, GDP PER CAPITA, GRADUATE SCHOOLS, GROWTH IMPACT, GROWTH LITERATURE, GROWTH MODEL, GROWTH MODELS, GROWTH PERFORMANCE, GROWTH RATE, GROWTH THEORY, HIGHER EDUCATION, HIGHER EDUCATION FUNDING, HIGHER EDUCATION SPENDING, HUMAN CAPITAL, INCREASING RETURNS, INCREASING RETURNS TO SCALE, INDIVIDUAL COUNTRIES, INDUSTRIALIZED COUNTRIES, LABOR MARKET, LABOR MARKETS, LEARNING, LITERATURE, LONG RUN, LOW-INCOME COUNTRIES, MACROECONOMIC POLICY, MATHEMATICS, MONETARY ECONOMICS, NATURAL RESOURCES, NATURAL SCIENCES, OUTPUT GROWTH, PANEL REGRESSIONS, PAPERS, PERFORMANCE INDICATORS, PHYSICS, POLICY MAKERS, POLICY RESEARCH, POLITICAL ECONOMY, POSTGRADUATE EDUCATION, POVERTY REDUCTION, PRIMARY EDUCATION, PRIVATE OWNERSHIP, PRIVATE UNIVERSITIES, PRIVATE UNIVERSITY, PRODUCTION FUNCTION, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROFESSORS, PUBLIC EXPENDITURE, PUBLIC UNIVERSITIES, PUBLIC UNIVERSITY, PUBLISHERS, RELATIVE IMPORTANCE, REPUBLIC, RESEARCH FUNDING, RESEARCH GRANTS, RESEARCH PERFORMANCE, RESEARCH UNIVERSITIES, RESEARCH UNIVERSITY, RESEARCHERS, RISK AVERSION, SCHOLARS, SCHOOLS, SECONDARY EDUCATION, SENIORITY, SIGNIFICANT CORRELATION, SIGNIFICANT EFFECT, SKILLED LABOR, SKILLED WORKERS, SOCIAL SCIENCE, STANDARD DEVIATION, TEACHING, TECHNOLOGICAL INNOVATION, TECHNOLOGY FRONTIER, TERTIARY EDUCATION, TUITION, UNDERGRADUATE EDUCATION, UNDERGRADUATE LEVEL, UNIVERSITIES, UNIVERSITY AUTONOMY, UNIVERSITY BUDGET, UNIVERSITY EDUCATION, UNIVERSITY FACULTY, UNIVERSITY FUNDING, UNIVERSITY GOVERNANCE, UNIVERSITY PERFORMANCE, UNIVERSITY REFORM, UNIVERSITY SYSTEMS, VOTERS, WAGES, WORKERS,
Online Access:http://documents.worldbank.org/curated/en/299411468157177713/Growth-and-education
https://hdl.handle.net/10986/27936
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spelling dig-okr-10986279362024-08-08T15:51:39Z Growth and Education Aghion, Philippe ACADEMIC AUTONOMY ACADEMIC PERFORMANCE ALLOCATION AMERICAN UNIVERSITIES ANNUAL GROWTH ANNUAL GROWTH RATE AVERAGE GROWTH AVERAGE LEVEL AVERAGE PRODUCTIVITY BENCHMARK CAPITAL ACCUMULATION CAPITAL INCREASES CAPITAL PRODUCES COMMUNITY COLLEGES COUNTRY CASE COUNTRY REGRESSIONS CROSS COUNTRY CURRICULUM DEGREES DEVELOPING COUNTRIES DEVELOPMENT PRACTITIONERS DISCIPLINES DISTRIBUTION OF WEALTH ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC RESEARCH ECONOMICS EDUCATION SECTOR EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL POLICY EMPIRICAL WORK ERROR TERM EXPENDITURES EXPLANATORY VARIABLES EXPORT DIVERSIFICATION EXTERNALITIES FACULTIES FACULTY POSITIONS FISCAL POLICIES FIXED EFFECTS FUTURE RESEARCH GDP GDP PER CAPITA GRADUATE SCHOOLS GROWTH IMPACT GROWTH LITERATURE GROWTH MODEL GROWTH MODELS GROWTH PERFORMANCE GROWTH RATE GROWTH THEORY HIGHER EDUCATION HIGHER EDUCATION FUNDING HIGHER EDUCATION SPENDING HUMAN CAPITAL INCREASING RETURNS INCREASING RETURNS TO SCALE INDIVIDUAL COUNTRIES INDUSTRIALIZED COUNTRIES LABOR MARKET LABOR MARKETS LEARNING LITERATURE LONG RUN LOW-INCOME COUNTRIES MACROECONOMIC POLICY MATHEMATICS MONETARY ECONOMICS NATURAL RESOURCES NATURAL SCIENCES OUTPUT GROWTH PANEL REGRESSIONS PAPERS PERFORMANCE INDICATORS PHYSICS POLICY MAKERS POLICY RESEARCH POLITICAL ECONOMY POSTGRADUATE EDUCATION POVERTY REDUCTION PRIMARY EDUCATION PRIVATE OWNERSHIP PRIVATE UNIVERSITIES PRIVATE UNIVERSITY PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY GROWTH PROFESSORS PUBLIC EXPENDITURE PUBLIC UNIVERSITIES PUBLIC UNIVERSITY PUBLISHERS RELATIVE IMPORTANCE REPUBLIC RESEARCH FUNDING RESEARCH GRANTS RESEARCH PERFORMANCE RESEARCH UNIVERSITIES RESEARCH UNIVERSITY RESEARCHERS RISK AVERSION SCHOLARS SCHOOLS SECONDARY EDUCATION SENIORITY SIGNIFICANT CORRELATION SIGNIFICANT EFFECT SKILLED LABOR SKILLED WORKERS SOCIAL SCIENCE STANDARD DEVIATION TEACHING TECHNOLOGICAL INNOVATION TECHNOLOGY FRONTIER TERTIARY EDUCATION TUITION UNDERGRADUATE EDUCATION UNDERGRADUATE LEVEL UNIVERSITIES UNIVERSITY AUTONOMY UNIVERSITY BUDGET UNIVERSITY EDUCATION UNIVERSITY FACULTY UNIVERSITY FUNDING UNIVERSITY GOVERNANCE UNIVERSITY PERFORMANCE UNIVERSITY REFORM UNIVERSITY SYSTEMS VOTERS WAGES WORKERS Does education matter for growth? Which type of education investment (primary, secondary, or tertiary) matters most? Is there a relationship between growth or innovation and the governance of higher education? This paper surveys recent attempts at answering these questions. It first contrasts the 'Lucas approach,' whereby growth is affected by the accumulation of human capital, with the 'Nelson?Phelps approach,' whereby growth is affected by the stock of human capital and by its interaction with the underlying process of technological innovation. Then the paper argues that growth in countries that are close to the world technological frontier benefit more from tertiary education, whereas countries that lie below the frontier benefit more from primary and secondary education. Finally, the paper discusses the relationship between innovation and the governance of universities. 2017-08-17T21:43:34Z 2017-08-17T21:43:34Z 2009 Working Paper Document de travail Documento de trabajo http://documents.worldbank.org/curated/en/299411468157177713/Growth-and-education https://hdl.handle.net/10986/27936 English en_US Commission on Growth and Development Working Paper;No, 56 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain World Bank, Washington, DC
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic ACADEMIC AUTONOMY
ACADEMIC PERFORMANCE
ALLOCATION
AMERICAN UNIVERSITIES
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE GROWTH
AVERAGE LEVEL
AVERAGE PRODUCTIVITY
BENCHMARK
CAPITAL ACCUMULATION
CAPITAL INCREASES
CAPITAL PRODUCES
COMMUNITY COLLEGES
COUNTRY CASE
COUNTRY REGRESSIONS
CROSS COUNTRY
CURRICULUM
DEGREES
DEVELOPING COUNTRIES
DEVELOPMENT PRACTITIONERS
DISCIPLINES
DISTRIBUTION OF WEALTH
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC RESEARCH
ECONOMICS
EDUCATION SECTOR
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL POLICY
EMPIRICAL WORK
ERROR TERM
EXPENDITURES
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXTERNALITIES
FACULTIES
FACULTY POSITIONS
FISCAL POLICIES
FIXED EFFECTS
FUTURE RESEARCH
GDP
GDP PER CAPITA
GRADUATE SCHOOLS
GROWTH IMPACT
GROWTH LITERATURE
GROWTH MODEL
GROWTH MODELS
GROWTH PERFORMANCE
GROWTH RATE
GROWTH THEORY
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION SPENDING
HUMAN CAPITAL
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIVIDUAL COUNTRIES
INDUSTRIALIZED COUNTRIES
LABOR MARKET
LABOR MARKETS
LEARNING
LITERATURE
LONG RUN
LOW-INCOME COUNTRIES
MACROECONOMIC POLICY
MATHEMATICS
MONETARY ECONOMICS
NATURAL RESOURCES
NATURAL SCIENCES
OUTPUT GROWTH
PANEL REGRESSIONS
PAPERS
PERFORMANCE INDICATORS
PHYSICS
POLICY MAKERS
POLICY RESEARCH
POLITICAL ECONOMY
POSTGRADUATE EDUCATION
POVERTY REDUCTION
PRIMARY EDUCATION
PRIVATE OWNERSHIP
PRIVATE UNIVERSITIES
PRIVATE UNIVERSITY
PRODUCTION FUNCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFESSORS
PUBLIC EXPENDITURE
PUBLIC UNIVERSITIES
PUBLIC UNIVERSITY
PUBLISHERS
RELATIVE IMPORTANCE
REPUBLIC
RESEARCH FUNDING
RESEARCH GRANTS
RESEARCH PERFORMANCE
RESEARCH UNIVERSITIES
RESEARCH UNIVERSITY
RESEARCHERS
RISK AVERSION
SCHOLARS
SCHOOLS
SECONDARY EDUCATION
SENIORITY
SIGNIFICANT CORRELATION
SIGNIFICANT EFFECT
SKILLED LABOR
SKILLED WORKERS
SOCIAL SCIENCE
STANDARD DEVIATION
TEACHING
TECHNOLOGICAL INNOVATION
TECHNOLOGY FRONTIER
TERTIARY EDUCATION
TUITION
UNDERGRADUATE EDUCATION
UNDERGRADUATE LEVEL
UNIVERSITIES
UNIVERSITY AUTONOMY
UNIVERSITY BUDGET
UNIVERSITY EDUCATION
UNIVERSITY FACULTY
UNIVERSITY FUNDING
UNIVERSITY GOVERNANCE
UNIVERSITY PERFORMANCE
UNIVERSITY REFORM
UNIVERSITY SYSTEMS
VOTERS
WAGES
WORKERS
ACADEMIC AUTONOMY
ACADEMIC PERFORMANCE
ALLOCATION
AMERICAN UNIVERSITIES
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE GROWTH
AVERAGE LEVEL
AVERAGE PRODUCTIVITY
BENCHMARK
CAPITAL ACCUMULATION
CAPITAL INCREASES
CAPITAL PRODUCES
COMMUNITY COLLEGES
COUNTRY CASE
COUNTRY REGRESSIONS
CROSS COUNTRY
CURRICULUM
DEGREES
DEVELOPING COUNTRIES
DEVELOPMENT PRACTITIONERS
DISCIPLINES
DISTRIBUTION OF WEALTH
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC RESEARCH
ECONOMICS
EDUCATION SECTOR
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL POLICY
EMPIRICAL WORK
ERROR TERM
EXPENDITURES
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXTERNALITIES
FACULTIES
FACULTY POSITIONS
FISCAL POLICIES
FIXED EFFECTS
FUTURE RESEARCH
GDP
GDP PER CAPITA
GRADUATE SCHOOLS
GROWTH IMPACT
GROWTH LITERATURE
GROWTH MODEL
GROWTH MODELS
GROWTH PERFORMANCE
GROWTH RATE
GROWTH THEORY
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION SPENDING
HUMAN CAPITAL
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIVIDUAL COUNTRIES
INDUSTRIALIZED COUNTRIES
LABOR MARKET
LABOR MARKETS
LEARNING
LITERATURE
LONG RUN
LOW-INCOME COUNTRIES
MACROECONOMIC POLICY
MATHEMATICS
MONETARY ECONOMICS
NATURAL RESOURCES
NATURAL SCIENCES
OUTPUT GROWTH
PANEL REGRESSIONS
PAPERS
PERFORMANCE INDICATORS
PHYSICS
POLICY MAKERS
POLICY RESEARCH
POLITICAL ECONOMY
POSTGRADUATE EDUCATION
POVERTY REDUCTION
PRIMARY EDUCATION
PRIVATE OWNERSHIP
PRIVATE UNIVERSITIES
PRIVATE UNIVERSITY
PRODUCTION FUNCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFESSORS
PUBLIC EXPENDITURE
PUBLIC UNIVERSITIES
PUBLIC UNIVERSITY
PUBLISHERS
RELATIVE IMPORTANCE
REPUBLIC
RESEARCH FUNDING
RESEARCH GRANTS
RESEARCH PERFORMANCE
RESEARCH UNIVERSITIES
RESEARCH UNIVERSITY
RESEARCHERS
RISK AVERSION
SCHOLARS
SCHOOLS
SECONDARY EDUCATION
SENIORITY
SIGNIFICANT CORRELATION
SIGNIFICANT EFFECT
SKILLED LABOR
SKILLED WORKERS
SOCIAL SCIENCE
STANDARD DEVIATION
TEACHING
TECHNOLOGICAL INNOVATION
TECHNOLOGY FRONTIER
TERTIARY EDUCATION
TUITION
UNDERGRADUATE EDUCATION
UNDERGRADUATE LEVEL
UNIVERSITIES
UNIVERSITY AUTONOMY
UNIVERSITY BUDGET
UNIVERSITY EDUCATION
UNIVERSITY FACULTY
UNIVERSITY FUNDING
UNIVERSITY GOVERNANCE
UNIVERSITY PERFORMANCE
UNIVERSITY REFORM
UNIVERSITY SYSTEMS
VOTERS
WAGES
WORKERS
spellingShingle ACADEMIC AUTONOMY
ACADEMIC PERFORMANCE
ALLOCATION
AMERICAN UNIVERSITIES
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE GROWTH
AVERAGE LEVEL
AVERAGE PRODUCTIVITY
BENCHMARK
CAPITAL ACCUMULATION
CAPITAL INCREASES
CAPITAL PRODUCES
COMMUNITY COLLEGES
COUNTRY CASE
COUNTRY REGRESSIONS
CROSS COUNTRY
CURRICULUM
DEGREES
DEVELOPING COUNTRIES
DEVELOPMENT PRACTITIONERS
DISCIPLINES
DISTRIBUTION OF WEALTH
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC RESEARCH
ECONOMICS
EDUCATION SECTOR
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL POLICY
EMPIRICAL WORK
ERROR TERM
EXPENDITURES
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXTERNALITIES
FACULTIES
FACULTY POSITIONS
FISCAL POLICIES
FIXED EFFECTS
FUTURE RESEARCH
GDP
GDP PER CAPITA
GRADUATE SCHOOLS
GROWTH IMPACT
GROWTH LITERATURE
GROWTH MODEL
GROWTH MODELS
GROWTH PERFORMANCE
GROWTH RATE
GROWTH THEORY
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION SPENDING
HUMAN CAPITAL
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIVIDUAL COUNTRIES
INDUSTRIALIZED COUNTRIES
LABOR MARKET
LABOR MARKETS
LEARNING
LITERATURE
LONG RUN
LOW-INCOME COUNTRIES
MACROECONOMIC POLICY
MATHEMATICS
MONETARY ECONOMICS
NATURAL RESOURCES
NATURAL SCIENCES
OUTPUT GROWTH
PANEL REGRESSIONS
PAPERS
PERFORMANCE INDICATORS
PHYSICS
POLICY MAKERS
POLICY RESEARCH
POLITICAL ECONOMY
POSTGRADUATE EDUCATION
POVERTY REDUCTION
PRIMARY EDUCATION
PRIVATE OWNERSHIP
PRIVATE UNIVERSITIES
PRIVATE UNIVERSITY
PRODUCTION FUNCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFESSORS
PUBLIC EXPENDITURE
PUBLIC UNIVERSITIES
PUBLIC UNIVERSITY
PUBLISHERS
RELATIVE IMPORTANCE
REPUBLIC
RESEARCH FUNDING
RESEARCH GRANTS
RESEARCH PERFORMANCE
RESEARCH UNIVERSITIES
RESEARCH UNIVERSITY
RESEARCHERS
RISK AVERSION
SCHOLARS
SCHOOLS
SECONDARY EDUCATION
SENIORITY
SIGNIFICANT CORRELATION
SIGNIFICANT EFFECT
SKILLED LABOR
SKILLED WORKERS
SOCIAL SCIENCE
STANDARD DEVIATION
TEACHING
TECHNOLOGICAL INNOVATION
TECHNOLOGY FRONTIER
TERTIARY EDUCATION
TUITION
UNDERGRADUATE EDUCATION
UNDERGRADUATE LEVEL
UNIVERSITIES
UNIVERSITY AUTONOMY
UNIVERSITY BUDGET
UNIVERSITY EDUCATION
UNIVERSITY FACULTY
UNIVERSITY FUNDING
UNIVERSITY GOVERNANCE
UNIVERSITY PERFORMANCE
UNIVERSITY REFORM
UNIVERSITY SYSTEMS
VOTERS
WAGES
WORKERS
ACADEMIC AUTONOMY
ACADEMIC PERFORMANCE
ALLOCATION
AMERICAN UNIVERSITIES
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE GROWTH
AVERAGE LEVEL
AVERAGE PRODUCTIVITY
BENCHMARK
CAPITAL ACCUMULATION
CAPITAL INCREASES
CAPITAL PRODUCES
COMMUNITY COLLEGES
COUNTRY CASE
COUNTRY REGRESSIONS
CROSS COUNTRY
CURRICULUM
DEGREES
DEVELOPING COUNTRIES
DEVELOPMENT PRACTITIONERS
DISCIPLINES
DISTRIBUTION OF WEALTH
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC RESEARCH
ECONOMICS
EDUCATION SECTOR
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL POLICY
EMPIRICAL WORK
ERROR TERM
EXPENDITURES
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXTERNALITIES
FACULTIES
FACULTY POSITIONS
FISCAL POLICIES
FIXED EFFECTS
FUTURE RESEARCH
GDP
GDP PER CAPITA
GRADUATE SCHOOLS
GROWTH IMPACT
GROWTH LITERATURE
GROWTH MODEL
GROWTH MODELS
GROWTH PERFORMANCE
GROWTH RATE
GROWTH THEORY
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION SPENDING
HUMAN CAPITAL
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIVIDUAL COUNTRIES
INDUSTRIALIZED COUNTRIES
LABOR MARKET
LABOR MARKETS
LEARNING
LITERATURE
LONG RUN
LOW-INCOME COUNTRIES
MACROECONOMIC POLICY
MATHEMATICS
MONETARY ECONOMICS
NATURAL RESOURCES
NATURAL SCIENCES
OUTPUT GROWTH
PANEL REGRESSIONS
PAPERS
PERFORMANCE INDICATORS
PHYSICS
POLICY MAKERS
POLICY RESEARCH
POLITICAL ECONOMY
POSTGRADUATE EDUCATION
POVERTY REDUCTION
PRIMARY EDUCATION
PRIVATE OWNERSHIP
PRIVATE UNIVERSITIES
PRIVATE UNIVERSITY
PRODUCTION FUNCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFESSORS
PUBLIC EXPENDITURE
PUBLIC UNIVERSITIES
PUBLIC UNIVERSITY
PUBLISHERS
RELATIVE IMPORTANCE
REPUBLIC
RESEARCH FUNDING
RESEARCH GRANTS
RESEARCH PERFORMANCE
RESEARCH UNIVERSITIES
RESEARCH UNIVERSITY
RESEARCHERS
RISK AVERSION
SCHOLARS
SCHOOLS
SECONDARY EDUCATION
SENIORITY
SIGNIFICANT CORRELATION
SIGNIFICANT EFFECT
SKILLED LABOR
SKILLED WORKERS
SOCIAL SCIENCE
STANDARD DEVIATION
TEACHING
TECHNOLOGICAL INNOVATION
TECHNOLOGY FRONTIER
TERTIARY EDUCATION
TUITION
UNDERGRADUATE EDUCATION
UNDERGRADUATE LEVEL
UNIVERSITIES
UNIVERSITY AUTONOMY
UNIVERSITY BUDGET
UNIVERSITY EDUCATION
UNIVERSITY FACULTY
UNIVERSITY FUNDING
UNIVERSITY GOVERNANCE
UNIVERSITY PERFORMANCE
UNIVERSITY REFORM
UNIVERSITY SYSTEMS
VOTERS
WAGES
WORKERS
Aghion, Philippe
Growth and Education
description Does education matter for growth? Which type of education investment (primary, secondary, or tertiary) matters most? Is there a relationship between growth or innovation and the governance of higher education? This paper surveys recent attempts at answering these questions. It first contrasts the 'Lucas approach,' whereby growth is affected by the accumulation of human capital, with the 'Nelson?Phelps approach,' whereby growth is affected by the stock of human capital and by its interaction with the underlying process of technological innovation. Then the paper argues that growth in countries that are close to the world technological frontier benefit more from tertiary education, whereas countries that lie below the frontier benefit more from primary and secondary education. Finally, the paper discusses the relationship between innovation and the governance of universities.
format Working Paper
topic_facet ACADEMIC AUTONOMY
ACADEMIC PERFORMANCE
ALLOCATION
AMERICAN UNIVERSITIES
ANNUAL GROWTH
ANNUAL GROWTH RATE
AVERAGE GROWTH
AVERAGE LEVEL
AVERAGE PRODUCTIVITY
BENCHMARK
CAPITAL ACCUMULATION
CAPITAL INCREASES
CAPITAL PRODUCES
COMMUNITY COLLEGES
COUNTRY CASE
COUNTRY REGRESSIONS
CROSS COUNTRY
CURRICULUM
DEGREES
DEVELOPING COUNTRIES
DEVELOPMENT PRACTITIONERS
DISCIPLINES
DISTRIBUTION OF WEALTH
ECONOMETRIC ANALYSIS
ECONOMETRICS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC LITERATURE
ECONOMIC RESEARCH
ECONOMICS
EDUCATION SECTOR
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL POLICY
EMPIRICAL WORK
ERROR TERM
EXPENDITURES
EXPLANATORY VARIABLES
EXPORT DIVERSIFICATION
EXTERNALITIES
FACULTIES
FACULTY POSITIONS
FISCAL POLICIES
FIXED EFFECTS
FUTURE RESEARCH
GDP
GDP PER CAPITA
GRADUATE SCHOOLS
GROWTH IMPACT
GROWTH LITERATURE
GROWTH MODEL
GROWTH MODELS
GROWTH PERFORMANCE
GROWTH RATE
GROWTH THEORY
HIGHER EDUCATION
HIGHER EDUCATION FUNDING
HIGHER EDUCATION SPENDING
HUMAN CAPITAL
INCREASING RETURNS
INCREASING RETURNS TO SCALE
INDIVIDUAL COUNTRIES
INDUSTRIALIZED COUNTRIES
LABOR MARKET
LABOR MARKETS
LEARNING
LITERATURE
LONG RUN
LOW-INCOME COUNTRIES
MACROECONOMIC POLICY
MATHEMATICS
MONETARY ECONOMICS
NATURAL RESOURCES
NATURAL SCIENCES
OUTPUT GROWTH
PANEL REGRESSIONS
PAPERS
PERFORMANCE INDICATORS
PHYSICS
POLICY MAKERS
POLICY RESEARCH
POLITICAL ECONOMY
POSTGRADUATE EDUCATION
POVERTY REDUCTION
PRIMARY EDUCATION
PRIVATE OWNERSHIP
PRIVATE UNIVERSITIES
PRIVATE UNIVERSITY
PRODUCTION FUNCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROFESSORS
PUBLIC EXPENDITURE
PUBLIC UNIVERSITIES
PUBLIC UNIVERSITY
PUBLISHERS
RELATIVE IMPORTANCE
REPUBLIC
RESEARCH FUNDING
RESEARCH GRANTS
RESEARCH PERFORMANCE
RESEARCH UNIVERSITIES
RESEARCH UNIVERSITY
RESEARCHERS
RISK AVERSION
SCHOLARS
SCHOOLS
SECONDARY EDUCATION
SENIORITY
SIGNIFICANT CORRELATION
SIGNIFICANT EFFECT
SKILLED LABOR
SKILLED WORKERS
SOCIAL SCIENCE
STANDARD DEVIATION
TEACHING
TECHNOLOGICAL INNOVATION
TECHNOLOGY FRONTIER
TERTIARY EDUCATION
TUITION
UNDERGRADUATE EDUCATION
UNDERGRADUATE LEVEL
UNIVERSITIES
UNIVERSITY AUTONOMY
UNIVERSITY BUDGET
UNIVERSITY EDUCATION
UNIVERSITY FACULTY
UNIVERSITY FUNDING
UNIVERSITY GOVERNANCE
UNIVERSITY PERFORMANCE
UNIVERSITY REFORM
UNIVERSITY SYSTEMS
VOTERS
WAGES
WORKERS
author Aghion, Philippe
author_facet Aghion, Philippe
author_sort Aghion, Philippe
title Growth and Education
title_short Growth and Education
title_full Growth and Education
title_fullStr Growth and Education
title_full_unstemmed Growth and Education
title_sort growth and education
publisher World Bank, Washington, DC
publishDate 2009
url http://documents.worldbank.org/curated/en/299411468157177713/Growth-and-education
https://hdl.handle.net/10986/27936
work_keys_str_mv AT aghionphilippe growthandeducation
_version_ 1807157460300988416