IQ and Economic Development: A Critique of Lynn and Vanhanen
Jennifer Moreale and
John Levendis
Forum for Social Economics, 2014, vol. 43, issue 1, 40-56
Abstract:
We re-examine Lynn and Vanhanen's argument that gross domestic product (GDP) depends upon IQ. We argue that their analysis suffers from three types of biases, each of which would tend to erroneously favor their hypothesis. Despite this stacked deck, we find that their results are rather fragile. Rather, education has a stronger impact on GDP than does IQ, whose effect we find to be insignificant. In other words, it is a country's actual human capital, rather than its potential human capital, which determines its GDP. In short, we are unable to replicate their results.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:taf:fosoec:v:43:y:2014:i:1:p:40-56
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DOI: 10.1080/07360932.2012.747977
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