The Role of Education in the Postwar Productivity Convergence among OECD Countries

Edward Wolff ()

Industrial and Corporate Change, 2001, vol. 10, issue 3, 735-59

Abstract: This paper considers three models on the role of education in economic growth: human capital theory, a threshold effect, and interaction effects between education and both R&D and investment. The sample consists of twenty-four OECD countries over the 1950-90 period. Five measures of education are used. The descriptive statistics show convergence in both labor productivity levels and schooling levels among these nations. However, regressions of labor productivity growth on education provide mixed results on the threshold effect and the interaction effects. Almost no support is provided for the human capital model. Copyright 2001 by Oxford University Press.

Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (6)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:oup:indcch:v:10:y:2001:i:3:p:735-59

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by Josef Chytry

More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().