Growth effects of education with the extreme bounds analysis: some evidence from Asia

B. Rao, Arusha Cooray and Gazi Hassan ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper uses the Extreme Bounds Analysis (EBA) to find robust and permanent growth effects of education by using enrolment ratios and its components in a panel of Asian countries. It is found that male and female primary and secondary enrolment ratios have robust but small permanent growth effects. However, the growth effects of male and female tertiary enrolment ratios are fragile and insignificant. In contrast to the existing estimates in the literature, which do not distinguish between the transitory and permanent growth effects, our estimated permanent growth effects are small but significant.

Keywords: Education and growth; Solow Growth Model; Extreme bounds analysis and Total factor productivity. (search for similar items in EconPapers)
JEL-codes: O11 O15 (search for similar items in EconPapers)
Date: 2011-07-16
New Economics Papers: this item is included in nep-edu, nep-fdg and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/32279/1/MPRA_paper_32279.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:32279

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().