Want Economic Growth with Good Quality Institutions? Spend on Education

Autor/inn/en	Mamoon, Dawood; Murshed, S. Mansoob
Titel	Want Economic Growth with Good Quality Institutions? Spend on Education
Quelle	In: Education Economics, 17 (2009) 4, S.445-468 (24 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0964-5292
Schlagwörter	Economic Progress; Human Capital; Educational Attainment; Educational Status Comparison; Education Work Relationship; Economic Development; Institutional Characteristics; Institutional Environment; International Education; Economic Impact; Comparative Analysis + Suchen Sie Ihr Suchwort? Economic growth; Wirtschaftswachstum; Humankapital; Bildungsabschluss; Bildungsgut; Soziokultureller Vergleich; Wirtschaftsentwicklung; Internationale Erziehung; Ökonomische Determinanten
Abstract	The purpose of this paper is to compare the role of human capital accumulation measured by number of years of schooling with the relative contribution of institutional capacity to prosperity. We employ several concepts of institutional quality prevalent in the literature. We discover that developing human capital is as important as superior institutional functioning for economic well-being. Indeed, the accumulation of human capital stocks via increased education might lead to improved institutional functioning, and the utilisation of policies like trade liberalisation. (Contains 5 tables, 2 figures and 2 notes.) (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10