Education and Economic Growth: A Meta-Regression Analysis

World Development - Tập 64 - Trang 669-689 - 2014
Nikos Benos1, Stefania Zotou1
1University of Ioannina, Greece

Tài liệu tham khảo

Academic Journal Quality Guide, Version 4 (2010). London, UK: The Association of Business Schools. Adam, 2013, The effect of globalization on capital taxation: What have we learned after 20 years of empirical studies?, Journal of Macroeconomics, 35, 199, 10.1016/j.jmacro.2012.09.003 Appiah, 2002, The social outcomes of education and feedbacks on growth in Africa, Journal of Development Studies, 38, 27, 10.1080/00220380412331322411 Arellano, 1991, Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations, Review of Economic Studies, 58, 277, 10.2307/2297968 Arellano, 1995, Another look at the instrumental variable estimation of error-components models, Journal of Econometrics, 68, 29, 10.1016/0304-4076(94)01642-D Azariadis, 1990, Threshold externalities in economic development, Quarterly Journal of Economics, 105, 501, 10.2307/2937797 Baldacci, 2008, Social spending, human capital, and growth in developing countries, World Development, 36, 1317, 10.1016/j.worlddev.2007.08.003 Barro, 1991, Economic growth in a cross section of countries, Quarterly Journal of Economics, 106, 407, 10.2307/2937943 Barro, R. J. (1996). Determinants of economic growth: A cross-country empirical study. NBER Working Paper Series No. 5698. Barro, 2001, Human capital and growth, American Economic Review (Papers and Proceedings), 91, 12, 10.1257/aer.91.2.12 Barro, 1993, Institutional comparisons of educational attainment, Journal of Monetary Economics, 32, 363, 10.1016/0304-3932(93)90023-9 Barro, 2001, International data on educational attainment: updates and implications, Oxford Economic Papers, 53, 541, 10.1093/oep/53.3.541 Barro, 2004 Bassanini, 2001, The driving forces of economic growth: Panel data evidence for the OECD Countries, OECD Economic Studies, 33, 9 Bassetti, T. (2007). Human capital accumulation and economic growth: A selective survey. Working Paper No. 018, 1–35. Baum, 2006 Becker, 1964 Benhabib, 1994, The role of human capital in economic development: Evidence from aggregate cross-country data, Journal of Monetary Economics, 34, 143, 10.1016/0304-3932(94)90047-7 Benos, 2010, The role of human capital in economic growth: Evidence from Greek regions, 137 Bhattacharyya, 2009, Unbundled institutions, human capital and growth, Journal of Comparative Economics, 37, 106, 10.1016/j.jce.2008.08.001 Bils, 2000, Does schooling cause growth?, American Economic Review, 90, 1160, 10.1257/aer.90.5.1160 Bloom, 1998, Geography, demography and economic growth in Africa, Brooking Papers on Economic Activity, 2, 207, 10.2307/2534695 Blundell, 1998, Initial conditions and moment restrictions in dynamic panel data models, Journal of Econometrics, 87, 115, 10.1016/S0304-4076(98)00009-8 Bom, P. R. D., & Ligthart, J. E. (2008). How productive is public Capital? A meta-analysis. CESifo Working Paper No. 2206, Munich, Germany: CESifo. Bose, 2007, Public expenditure and economic growth: A disaggregated analysis for developing countries, Manchester School, 75, 533, 10.1111/j.1467-9957.2007.01028.x Bosworth, 2003, The empirics of growth: An update, Brookings Papers on Economic Activity, 34, 113, 10.1353/eca.2004.0002 Chakraborty, 2004, Endogenous lifetime and economic growth, Journal of Economic Theory, 116, 119, 10.1016/j.jet.2003.07.005 Chen, 2009, An investigation of openness and economic growth using panel estimation, Indian Journal of Economics, 89, 483 Cohen, 2007, Growth and human capital: Good data, good results, Journal of Economic Growth, 12, 51, 10.1007/s10887-007-9011-5 Collins, 1996, Economic growth in East Asia: Accumulation versus assimilation, Brooking Papers on Economic Activity, 1996, 135, 10.2307/2534621 Costantini, 2008, Environment, human development and economic growth, Ecological Economics, 64, 867, 10.1016/j.ecolecon.2007.05.011 Dauda, 2010, Investment in education and economic growth in Nigeria: An empirical evidence, International Research Journal of Finance and Economics, 55, 158 De la Fuente, 2006, Human capital in growth regressions: How much difference does data quality make?, Journal of the European Economic Association, 4, 1, 10.1162/jeea.2006.4.1.1 Doucouliagos, 2005, Publication bias in the economic freedom and economic growth literature, Journal of Economic Surveys, 19, 367, 10.1111/j.0950-0804.2005.00252.x Doucouliagos, 2009, Publication selection bias in minimum-wage research? A meta-regression analysis, British Journal of Industrial Relations, 47, 406, 10.1111/j.1467-8543.2009.00723.x Doucouliagos, 2013, Are all economic facts greatly exaggerated? Theory competition and selectivity, Journal of Economic Surveys, 27, 316, 10.1111/j.1467-6419.2011.00706.x Durlauf, 1995, Multiple regimes and cross-country growth behavior, Journal of Applied Econometrics, 10, 365, 10.1002/jae.3950100404 Economic Society of Australia (ESA) Rankings of Economic Journals. (2008). (http://www.ecosoc.org.au/files/File/CC/Publications/ESA%20Rankings%20of%20EconomicsJournals%2020081.pdf). Last access: January 18, 2013. Efendic, 2011, Institutions and economic performance: A meta-regression analysis, European Journal of Political Economy, 27, 586, 10.1016/j.ejpoleco.2010.12.003 Egger, 1997, Bias in meta-analysis detected by a simple, graphical test, British Medical Journal, 315, 629, 10.1136/bmj.315.7109.629 Földvári, 2009, An alternative interpretation of “average years of education” in growth regressions, Applied Economics Letters, 16, 945, 10.1080/13504850701222178 Gemmell, 1996, Evaluating the impacts of human capital stocks and accumulation on economic growth: Some new evidence, Oxford Bulletin of Economics and Statistics, 58, 9, 10.1111/j.1468-0084.1996.mp58001002.x Groot, 2000, Overeducation in the labor market: A meta-analysis, Economics of Education Review, 19, 149, 10.1016/S0272-7757(99)00057-6 Gyimah-Brempong, 2006, Higher education and economic growth in Africa, Journal of Development Studies, 42, 509, 10.1080/00220380600576490 Hanushek, 2000, Schooling, labor force quality, and the growth of nations, American Economic Review, 90, 1184, 10.1257/aer.90.5.1184 Hanushek, 2008, The Role of cognitive skills in economic development, Journal of Economic Literature, 46, 607, 10.1257/jel.46.3.607 Hanushek, 2011, How much do educational outcomes matter in OECD countries?, Economic Policy, 26, 427, 10.1111/j.1468-0327.2011.00265.x Harmon, 2003, The returns to education: Microeconomics, Journal of Economic Surveys, 17, 115, 10.1111/1467-6419.00191 Irsova, 2013, Determinants of horizontal spillovers from FDI: Evidence from a large meta-analysis, World Development, 42, 1, 10.1016/j.worlddev.2012.07.001 Jamison, 2007, The effects of education quality on income growth and mortality decline, Economics of Education Review, 26, 771, 10.1016/j.econedurev.2007.07.001 Judson, 2002, Measuring human capital like physical capital: What does it tell us?, Bulletin of Economic Research, 54, 209, 10.1111/1467-8586.00150 Kalaitzidakis, 2001, Measures of human capital and nonlinearities in economic growth, Journal of Economic Growth, 6, 229, 10.1023/A:1011347816503 Kalaitzidakis, 2003, Rankings of academic journals and institutions in economics, Journal of the European Economic Association, 1, 1346, 10.1162/154247603322752566 Keller, 2006, Education expansion, expenditures per student and the effects on growth in Asia, Global Economic Review, 35, 21, 10.1080/12265080500537243 Knowles, 2002, Are educational gender gaps a brake on economic development? Some cross-country empirical evidence, Oxford Economic Papers, 54, 118, 10.1093/oep/54.1.118 Krueger, 2001, Education for growth: Why and for whom, Journal of Economic Literature, 39, 1101, 10.1257/jel.39.4.1101 Kyriacou, G.A. (1991). Level and growth effects of human Capital: A cross-country study of the convergence hypothesis. Working Paper 91-26, C.V. Starr Center for Applied Economics, New York University, 1–31. Lawal, 2011, Education and economic growth: The Nigerian experience, Journal of Emerging Trends in Economics and Management Sciences, 2, 225 Le, T., Gibson, J., & Oxley, L. (2005). Measures of human capital: A review of the literature. New Zealand Treasury Working Paper 05/10, 1–55. Lee, 2010, Education and economic growth: Further empirical evidence, European Journal of Economics, Finance and Administrative Sciences, 23, 161 Lee, 2009, Both institutions and policies matter but differently for different income groups of countries: Determinants of long-run economic growth revisited, World Development, 37, 533, 10.1016/j.worlddev.2008.07.004 Lee, 1995, Human capital and economic growth: Tests based on the international evaluation of educational achievement, Economics Letters, 47, 219, 10.1016/0165-1765(94)00539-E Levine, 1992, A sensitivity analysis of cross-country growth regressions, American Economic Review, 82, 942 Mamuneas, T. P., Kalaitzidakis, P., & Stengos, T. (2010). An updated ranking of academic journals in economics. The Rimini Centre for Economic Analysis, Working Paper 10–15, 1–19. Mankiw, 1992, A contribution to the empirics of economic growth, Quarterly Journal of Economics, 108, 407, 10.2307/2118477 Mavridis, 2012, A practical introduction to multivariate meta-analysis, Statistical Methods in Medical Research, 21, 1 Mitchell, 1993 Mitchell, 1998 Mitchell, 1998 Morris, 1983, Parametric empirical Bayes inference: Theory and applications, Journal of the American Statistical Association, 78, 47, 10.1080/01621459.1983.10477920 Murphy, 1991, The Allocation of talent: Implications for growth, Quarterly Journal of Economics, 106, 503, 10.2307/2937945 Musila, 2004, The impact of education expenditures on economic growth in Uganda: Evidence from time series data, The Journal of Developing Areas, 38, 123, 10.1353/jda.2005.0015 Ndiyo, 2007, A dynamic analysis of education and economic growth in Nigeria, The Journal of Developing Areas, 41, 1, 10.1353/jda.2008.0002 Nehru, 1995, A new database on human capital stock in developing and industrial countries: sources, methodology, and results, Journal of Development Economics, 46, 379, 10.1016/0304-3878(94)00054-G Nelson, 2009, The use and (abuse) of meta-analysis in environmental and natural resource economics: An assessment, Environmental and Resource Economics, 42, 345, 10.1007/s10640-008-9253-5 Nketiah-Amponsah, 2009, Public spending and economic growth: Evidence from Ghana (1970–2004), Development Southern Africa, 26, 477, 10.1080/03768350903086846 Nurudeen, 2010, Government expenditure and economic growth in Nigeria, 1970–2008: A disaggregated analysis, Business and Economics Journal, 2, 1 Odit, 2010, The impact of education on economic growth: The case of Mauritius, International Business and Economics Research Journal, 9, 141 Papageorgiou, 2003, Distinguishing between the effects of primary and post-primary education on economic growth, Review of Development Economics, 7, 622, 10.1111/1467-9361.00213 Phillips, 2011, Regional growth in China: An empirical investigation using multiple imputation and province-level panel data, Research in Economics, 65, 243, 10.1016/j.rie.2010.11.001 Pritchett, 2001, Where has all the education gone?, World Bank Economic Review, 15, 367, 10.1093/wber/15.3.367 Psacharopoulos, 1986, The educational attainment of the labor force: An international comparison, International Labor Review, 125, 561 Ranis, 2000, Economic growth and human development, World Development, 28, 197, 10.1016/S0305-750X(99)00131-X Romer, P. M. (1989). Human capital and growth: Theory and evidence. NBER Working Paper 3173, 1–51. Sandar, 2009, Capital flows and growth in developing countries: A dynamic panel data analysis, Oxford Development Studies, 37, 101, 10.1080/13600810902859536 Schultz, 1961, Investment in human capital, American Economic Review, 51, 1 Seetanah, 2009, The economic importance of education: Evidence from Africa using dynamic panel data analysis, Journal of Applied Economics, 12, 137, 10.1016/S1514-0326(09)60009-X Sianesi, 2003, The returns to education: Macroeconomics, Journal of Economic Surveys, 17, 157, 10.1111/1467-6419.00192 Siddiqui, 2006, Macroeconomic returns to education in South Asia, Journal of Economic Cooperation among Islamic Countries, 27, 25 Stanley, 2001, Wheat from chaff: meta-analysis as quantitative literature survey, Journal of Economic Perspectives, 15, 131, 10.1257/jep.15.3.131 Stanley, 2005, Beyond Publication Bias, Journal of Economic Surveys, 19, 309, 10.1111/j.0950-0804.2005.00250.x Stanley, 2008, Meta-regression methods for detecting and estimating empirical effects in the presence of publication selection, Oxford Bulletin of Economics and Statistics, 70, 103 Stanley, 2008, Meta-regression analysis as the socio-economics of economics research, The Journal of Socio-Economics, 37, 276, 10.1016/j.socec.2006.12.030 Stanley, 1989, Meta-regression Analysis: A quantitative method of literature surveys, Journal of Economic Surveys, 3, 54 Sterlacchini, 2008, R&D, higher education and regional growth: Uneven linkages among European regions, Research Policy, 37, 1096, 10.1016/j.respol.2008.04.009 Suri, 2011, Paths to success: The relationship between human development and economic growth, World Development, 39, 506, 10.1016/j.worlddev.2010.08.020 Temple, 1999, A positive effect of human capital on growth, Economic Letters, 65, 131, 10.1016/S0165-1765(99)00120-2 Thompson, 2002, How should meta-regression analyses be undertaken and interpreted?, Statistics in Medicine, 21, 1559, 10.1002/sim.1187 Thompson, 1999, Explaining heterogeneity in meta-analysis: A comparison of methods, Statistics in Medicine, 18, 2693, 10.1002/(SICI)1097-0258(19991030)18:20<2693::AID-SIM235>3.0.CO;2-V Tsai, 2010, Human capital composition and economic growth, Social Indicators Research, 99, 41, 10.1007/s11205-009-9565-z UNESCO (1993). World Education Report. UNESCO, Paris.