The Universal Link between Higher Education and Pro-Market Values

John Nye, Cheryl Litman (), Maksym Bryukhanov () and Sergiy Polyachenko ()
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Cheryl Litman: National Research University Higher School of Economics
Maksym Bryukhanov: National Research University Higher School of Economics
Sergiy Polyachenko: University of New Brunswick

HSE Working papers from National Research University Higher School of Economics

Abstract: Does education promote support for liberal economic views? We show in a large cross-section of countries that in almost all cases those with higher educational attainment are more pro-market and less sympathetic to economic regulation than those who have less formal education. This is true in countries with high support for markets and in those with high distrust of markets and strong support for government regulation. Fixed-effect models show that respondents’ education is negatively related to support for state economic activities. When considering Russian micro data, we observe that whether we confine ourselves to older people educated in the Soviet period or compare the results to a sample from the post-Soviet generation, we consistently find that those with more education are relatively less supportive of market regulation. Different models also show that parental education is a positive predictor of pro-market values

Keywords: Education; world; liberal values; price control; RLMS-HSE; European Values Survey; Life in Transition Survey; World Values Survey (search for similar items in EconPapers)
JEL-codes: H54 I18 J68 P21 Q58 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2020
New Economics Papers: this item is included in nep-cis
References: View references in EconPapers View complete reference list from CitEc
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Published in WP BRP Series: Economics / EC, March 2020, pages 1-29

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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:225/ec/2020

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