The role of cognitive skills in economic development revisited

Theodore Breton ()

No 10576, Documentos de Trabajo de Valor Público from Universidad EAFIT

Abstract: Students´ test scores at ages 9 to 15 are a measure of their skills as workers five to 55 years later. Using historic data on test scores and school attendance, I calculate the share of workers in 2005 that could have scored above 400 and above 600 in 45 countries. I find that the share above 400 and average schooling attainment cause national income, while the share above 600 and the share with post-secondary schooling do not. Implicitly the best long-term development strategy for poor countries is to increase the share of students who complete primary and secondary schooling.

Keywords: World; Cognitive Skills; Human Capital; Education; Schooling; Economic Growth (search for similar items in EconPapers)
JEL-codes: F43 I21 O11 O15 (search for similar items in EconPapers)
Pages: 24
Date: 2012-06-14
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:col:000122:010576

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