Effects of schooling levels on economic growth: time-series evidence from Guatemala

Josef Loening, B. Rao and Rup Singh

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines the determinants of economic growth in Guatemala, with a particular focus on the schooling level. Results based on an error-correction methodology show a better educated labour force has a positive and significant impact on economic growth. Consistent with micro evidence for Guatemala, primary education is more important than secondary and tertiary education. These findings are robust while changing the conditioning variables, controlling for data issues and endogeneity. Due to social and political conflict, the average per capita growth rate in Guatemala has been low.

Keywords: Economic growth; education; error-correction model; Guatemala (search for similar items in EconPapers)
JEL-codes: N16 (search for similar items in EconPapers)
Date: 2010-08-16, Revised 2010-09-16
New Economics Papers: this item is included in nep-fdg, nep-lab and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:25105

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