What Kind of Education is good For US Productivity? Community Colleges versus Universities

Tam Bang Vu, Eric Iksoon Im and Ashley Bulseco-McKim

Journal of Empirical Economics, 2014, vol. 2, issue 4, 204-215

Abstract: Community college education has been considered the most important mode of education in developing countries. In the US however, community colleges take a back seat in comparison to four-year colleges. Although more attention has been directed to community colleges recently, this mode of education is still considered good only for short term recovery from the recession. This paper performed data analysis on panel data for all fifty states in the US and Washington D.C. The results reveal that the aggregate effect on productivity of associate degree holders is much higher than that of bachelor degree holders. Since community college education results in a higher level of productivity than university education, the long term effect of the former is superior to that of the latter on the US economy.. We then compare and contrast the effects across different regions in the country.

Keywords: productivity growth; two way causality; education; three stages least squares. (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://rassweb.org/admin/pages/ResearchPapers/Paper%203_1496873158.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rss:jnljee:v2i4p3

Access Statistics for this article

More articles in Journal of Empirical Economics from Research Academy of Social Sciences
Bibliographic data for series maintained by Danish Khalil ().