Publication:
Where Has All the Education Gone?

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creativeworkseries.issn1564-698X
dc.contributor.authorPritchett, Lant
dc.date.accessioned2014-03-27T20:27:50Z
dc.date.available2014-03-27T20:27:50Z
dc.date.issued2001-09
dc.description.abstractCross-national data show no association between increases in human capital attributable to the rising educational attainment of the labor force and the rate of growth of output per worker. This implies that the association of educational capital growth with conventional measures of total factor production is large, strongly statistically significant, and negative. These are 'on average' results, derived from imposing a constant coefficient. However, the development impact of education varied widely across countries and has fallen short of expectations for three possible reasons. First, the institutional/governance environment could have been sufficiently perverse that the accumulation of educational capital lowered economic growth. Second, marginal returns to education could have fallen rapidly as the supply of educated labor expanded while demand remained stagnant. Third, educational quality could have been so low that years of schooling created no human capital. The extent and mix of these three phenomena vary from country to country in explaining the actual economic impact of education, or the lack thereof.en
dc.identifierhttp://documents.worldbank.org/curated/en/2001/09/17737514/all-education-gone
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/17434
dc.identifier.urihttps://hdl.handle.net/10986/17434
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectACCOUNTING FRAMEWORK
dc.subjectADULT LITERACY
dc.subjectAGGREGATE LEVEL
dc.subjectAGGREGATE OUTPUT
dc.subjectAGGREGATE PRODUCTION FUNCTION
dc.subjectAGRICULTURE
dc.subjectARITHMETIC
dc.subjectAVERAGE GROWTH
dc.subjectAVERAGE INCOME
dc.subjectAVERAGE LEVEL
dc.subjectBASIC EDUCATION
dc.subjectCAPITA INCOME
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL STOCK
dc.subjectCHILD SURVIVAL
dc.subjectCOGNITIVE SKILLS
dc.subjectCONSTANT RETURNS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCONVENTIONAL WISDOM
dc.subjectCONVERGENCE DEBATE
dc.subjectCONVERGENCE HYPOTHESIS
dc.subjectCOUNTRY DATA
dc.subjectDATA SETS
dc.subjectDEPENDENT VARIABLE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT OF KNOWLEDGE
dc.subjectDEVELOPMENT REPORT
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDISCOUNTED VALUE
dc.subjectDISEQUILIBRIUM
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACT
dc.subjectECONOMIC LIFE
dc.subjectECONOMIC LITERATURE
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectECONOMICS LETTERS
dc.subjectECONOMICS OF EDUCATION
dc.subjectEDUCATED WORKERS
dc.subjectEDUCATION EXPENDITURES
dc.subjectEDUCATION INVESTMENTS
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectEMPIRICAL ESTIMATES
dc.subjectEMPIRICAL RESULTS
dc.subjectENROLLMENT RATE
dc.subjectESTIMATED COEFFICIENT
dc.subjectEXCHANGE RATE
dc.subjectEXTERNALITY
dc.subjectFACE VALUE
dc.subjectFEMALE EDUCATION
dc.subjectFUNCTIONAL FORM
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH ACCOUNTING
dc.subjectGROWTH DEBATE
dc.subjectGROWTH IMPACT
dc.subjectGROWTH LITERATURE
dc.subjectGROWTH MODEL
dc.subjectGROWTH MODELS
dc.subjectGROWTH OF DEMAND
dc.subjectGROWTH PROSPECTS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH REGRESSION
dc.subjectGROWTH REGRESSIONS
dc.subjectGROWTH THEORY
dc.subjectHUMAN CAPITAL
dc.subjectINCOME REDISTRIBUTION
dc.subjectINDEPENDENT VARIABLE
dc.subjectINDUSTRIALIZATION
dc.subjectINSTITUTIONAL ENVIRONMENT
dc.subjectINVENTORY
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLEARNING
dc.subjectLIVING STANDARDS
dc.subjectMARGINAL RETURN
dc.subjectMARGINAL RETURNS
dc.subjectMEAN INCOME
dc.subjectMERIT GOOD
dc.subjectMODERN ECONOMIC GROWTH
dc.subjectMONETARY ECONOMICS
dc.subjectNATIONAL ACCOUNTS
dc.subjectNATIONAL INCOME
dc.subjectNEGATIVE EFFECT
dc.subjectNEGATIVE EXTERNALITIES
dc.subjectNEGATIVE IMPACT
dc.subjectOPPORTUNITY COST
dc.subjectOUTPUT GROWTH
dc.subjectOUTPUT PER CAPITA
dc.subjectOUTPUT RATIO
dc.subjectPER CAPITA INCOME
dc.subjectPOINT ESTIMATE
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL INSTABILITY
dc.subjectPOSITIVE EXTERNALITIES
dc.subjectPRIMARY EDUCATION
dc.subjectPRIMARY ENROLLMENTS
dc.subjectPRIMARY SCHOOL
dc.subjectPRIMARY SCHOOLING
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SECTOR
dc.subjectPUPIL RATIO
dc.subjectRATE OF RETURN
dc.subjectRATE OF RETURN TO CAPITAL
dc.subjectREADING
dc.subjectREAL WAGES
dc.subjectREASONING
dc.subjectRELATIVE WAGE
dc.subjectRENT SEEKING
dc.subjectRETIREMENT
dc.subjectRETURN TO EDUCATION
dc.subjectRETURNS TO EDUCATION
dc.subjectSCHOOL QUALITY
dc.subjectSCHOOLING
dc.subjectSCHOOLING QUALITY
dc.subjectSCHOOLS
dc.subjectSECONDARY ENROLLMENT
dc.subjectSECONDARY ENROLLMENT RATES
dc.subjectSTANDARD DEVIATION
dc.subjectSTRUCTURAL BREAK
dc.subjectTECHNICAL CHANGE
dc.subjectTECHNICAL PROGRESS
dc.subjectTECHNOLOGICAL ADVANCES
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTFP
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL LABOR FORCE
dc.subjectUNEMPLOYMENT
dc.titleWhere Has All the Education Gone?en
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.date.disclosure2013-05-21
okr.date.doiregistration2025-05-06T11:23:05.783690Z
okr.doctypePublications & Research::Journal Article
okr.docurlhttp://documents.worldbank.org/curated/en/2001/09/17737514/all-education-gone
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEducation
okr.globalpracticePoverty
okr.globalpracticeFinance and Markets
okr.guid859821468180273788
okr.identifier.externaldocumentum000356161_20130521150953
okr.identifier.internaldocumentum17737514
okr.identifier.report77374
okr.journal.nbpages367-391
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/05/21/000356161_20130521150953/Rendered/PDF/773740JRN020010l0the0Education0Gone.pdfen
okr.peerreviewAcademic Peer Review
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicBanks and Banking Reform
okr.topicEconomic Theory and Research
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicEducation::Primary Education
okr.topicFinance and Financial Sector Development
okr.unitEducation Sector (LCSHE)
okr.volume15(3)
relation.isJournalIssueOfPublication26fe5044-0cc5-4f26-8839-5ac2b1ca123f
relation.isJournalIssueOfPublication.latestForDiscovery26fe5044-0cc5-4f26-8839-5ac2b1ca123f
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication673503d1-2849-439f-b8d7-fbe5192e8881
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