Measurement Error in Education and Growth Regressions*

Miguel Portela (), Rob Alessie and C. N. Teulings ()

Scandinavian Journal of Economics, 2010, vol. 112, issue 3, 618-639

Abstract: The use of the perpetual inventory method for the construction of education data per country leads to systematic measurement error. This paper analyzes its effect on growth regressions. We suggest a methodology for correcting this error. The standard attenuation bias suggests that using these corrected data would lead to a higher coefficient. Our regressions reveal the opposite. We discuss why this is the case.

Date: 2010
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Citations: View citations in EconPapers (11)

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https://doi.org/10.1111/j.1467-9442.2010.01613.x

Related works:
Working Paper: Measurement Error in Education and Growth Regressions (2006)
Working Paper: Measurement Error in Education and Growth Regressions (2004)
Working Paper: Measurement Error in Education and Growth Regressions (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:bla:scandj:v:112:y:2010:i:3:p:618-639

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