Education and Economic Development in India

Monojit Chatterji

No 210, Dundee Discussion Papers in Economics from Economic Studies, University of Dundee

Abstract: This brief survey examines the returns to education in India , and then examines the role of education on both economic growth and economic development with particular reference to India. Throughout, the objective is to draw out the implications of the empirical results for education policy. The results suggest that female education is of particular importance in India. They also suggest that perhaps because of the externalities it generates, primary education is more important than might be deduced from its relatively low private rate of return.

Keywords: education; economic growth; economic development (search for similar items in EconPapers)
JEL-codes: I2 O53 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2008-02
New Economics Papers: this item is included in nep-cwa, nep-dev, nep-edu and nep-hrm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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