The Analysis of the Relation between Education and Economic Growth

Autor/in	Monteils, Marielle
Titel	The Analysis of the Relation between Education and Economic Growth
Quelle	In: Compare A Journal of Comparative Education, 34 (2004) 1, S.103-115 (14 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0305-7925
Schlagwörter	Quantitative Daten; Foreign Countries; Human Capital; Economic Progress; Role of Education + Suchen Sie Ihr Suchwort? Ausland; Humankapital; Economic growth; Wirtschaftswachstum; Bildungsauftrag
Abstract	The debate concerning the various determinants of economic growth has attracted considerable attention. The argument according to which endogenous growth models explain long-term economic growth is often put forward. Particularly, it is held that the production of knowledge by education induces self-sustained growth. In spite of numerous theoretical developments, attempts at empirical verification give contradictory conclusions. The aims of this article are therefore to undertake a critical reading of the theoretical contribution of new growth theories and to present an empirical testing for France in the nineteenth and twentieth centuries to justify or invalidate the probable endogenous nature of economic growth induced by education. The results are surprising and in contradiction with the hypothesis of new growth theories: human capital returns are decreasing and knowledge produced by education cannot be the engine of self-maintained economic growth. These results induce new kinds of questions: does that mean that there is no causality link between education and economic growth? Econometric tests seems to invalidate this causality relation. (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10