Higher Test Scores or More Schooling? Another Look at the Causes of Economic Growth

Publicado en

  • Journal of Human Capital

Resumen

  • I use a dynamic augmented Solow model to estimate the effect of international test scores and investment in schooling and tutoring on economic growth rates in 55 countries during 1985-2005. Either test scores or investment in schooling and tutoring can explain growth rates in the full data set or in countries that had less than 8 years of schooling in 1985. In countries with more schooling in 1985, investment in schooling has a small effect and test scores have no effect on growth rates. In the 24 countries with scores above 470, higher scores have no effect on growth rates.

fecha de publicación

  • 2015

Página inicial

  • 239

Última página

  • 263

Volumen

  • 9

Issue

  • 2