Education and Economic Development in India

Monojit Chatterji

No 2008-12, SIRE Discussion Papers from Scottish Institute for Research in Economics (SIRE)

Abstract: This brief survey examines the returns to education in India , and then examines the role of education on both economic growth and economic development with particular reference to India. Throughout, the objective is to draw out the implications of the empirical results for education policy. The results suggest that female education is of particular importance in India. They also suggest that perhaps because of the externalities it generates, primary education is more important than might be deduced from its relatively low private rate of return.

Keywords: education; economic growth; economic development (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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