EconPapers    
Economics at your fingertips  
 

Economic growth and cycles: Cross-country models of education, industry and fertility and international comparisons

Maria-Carmen Guisan (), Eva Aguayo and Pilar Exposito ()

Applied Econometrics and International Development, 2001, vol. 1, issue 1, 9-37

Abstract: The aim of this article is to point out the importance of education on a sustained economic development strategy, having into account inter-sector relations and the influence of education in the growth of production per head. Three cross-country models are presented. The first model relates the diminution of excessively high fertility rates with increases in the educative level of population. The second model relates value-added in the services sector with the internal production of industry and agriculture, as well as with foreign trade and changes in population. The third model relates the industrial development with the educative level of population and foreign trade. We analyse, from a worldwide view, the evolution of real Gross Domestic Product (Gdp), Population and Gdp per inhabitant (Gdph). USA, Japan, the European Union, Latin America, Africa, China, India, and other areas of Europe and Asia-Pacific are considered, and the main differences in the levels of Gdph are explained, having into account the results of the cross-country models. The main conclusions highlight the necessity of new international policies for improving the educative level of population in less developed countries. .

JEL-codes: C5 E6 F0 I2 L8 O1 O57 (search for similar items in EconPapers)
Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26) Track citations by RSS feed

Downloads: (external link)
http://www.usc.es/economet/reviews/aeid111.pdf
No

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:eaa:aeinde:v:1:y:2001:i:1_1

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Applied Econometrics and International Development from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().

 
Page updated 2019-09-05
Handle: RePEc:eaa:aeinde:v:1:y:2001:i:1_1