Education Quality and the Empirics of Economic Growth

Mauro Rodrigues () and Danilo P. Souza ()

No 2017_14, Working Papers, Department of Economics from University of São Paulo (FEA-USP)

Abstract: We extend Mankiw, Romer and Weil's (1992) classic paper by introducing differences in education quality (proxied by students' performance on the PISA test). This substantially reduces the role of human capital investment rates in explaining cross-country income differences. More importantly, the coefficient on this variable is now consistent with microeconomic evidence on returns to education.

Keywords: Education quality; human capital; cross-country income differences (search for similar items in EconPapers)
JEL-codes: E24 I25 O47 (search for similar items in EconPapers)
Date: 2017-08-16
New Economics Papers: this item is included in nep-edu, nep-gro and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.repec.eae.fea.usp.br/documentos/Rodrigues_Souza_14WP.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:spa:wpaper:2017wpecon14

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers, Department of Economics from University of São Paulo (FEA-USP) Contact information at EDIRC.
Bibliographic data for series maintained by Pedro Garcia Duarte ( this e-mail address is bad, please contact ).