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STEM Education and Economic Performance in the American States

Rita Ray

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines the effect of STEM graduates on the level and growth of real GDP per-capita for the 50 US states and the District of Columbia between 1990 and 2011. This paper also examines the effect of STEM graduates on approved utility patents per one million people. The findings show that the share of STEM graduates has a statistically significant positive effect on the level and growth of real GDP per-capita. The results are robust irrespective of estimation methods. The paper finds that an increase in the share of STEM graduates increases the number of approved utility patents per one million people but that the statistical significance of the results depends on the estimation methods.

Keywords: STEM Education; Economic Performance (search for similar items in EconPapers)
JEL-codes: C33 C51 I24 O40 O51 R19 (search for similar items in EconPapers)
Date: 2015-06-12
New Economics Papers: this item is included in nep-edu
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Working Paper: STEM Education and Economic Performance in the American States (2015) Downloads
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