Human Accomplishment and Growth in Britain since 1270: The Role of Great Scientists and Education

Jakob Madsen

No 01-16, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: This paper constructs annual data on primary, secondary and tertiary education, significant inventions and great scientists in the period 1270-2011 for Britain to investigate the influence of education and science on the economic development of Britain. Institutions, culture, real book prices and other variables are used to trace the origin of innovations, great scientists and educational attainment. The regressions show that education, a highly innovative environment and knowledge spillovers were influential in shaping British economic development over the period 1270-2011.

Keywords: Economic growth; science; education; institutions; culture (search for similar items in EconPapers)
JEL-codes: O30 O40 (search for similar items in EconPapers)
Pages: 72 pages
Date: 2016-01
New Economics Papers: this item is included in nep-gro, nep-his and nep-ino
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Citations: View citations in EconPapers (3)

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