Educational Expansion: Evidence and Interpretation

The authors document the vast expansion of schooling over the past several decades, as well as convergence in schooling measures across countries. They make the observation that poor countries today have higher average education levels than countries at the same level of economic development had in the past. They propose a simple model that suggests that these trends can be attributed to the intertemporal expansion of the world technological frontier, which enhances the demand for schooling. Their empirical analysis supports the view that educational expansion has occurred because of the increase in demand, especially in open economies, and not because of cost-reducing improvements in the education sector.

Bibliographic Details

Main Authors:	Gradstein, Mark, Nikitin, Denis
Format:	Policy Research Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, D.C. 2004-03
Subjects:	ABSOLUTE VALUE, ADVANCED COUNTRIES, AGGREGATE LEVEL, ANNUAL GROWTH, ANNUAL GROWTH RATE, AVERAGE ANNUAL, AVERAGE LEVEL, CAPITAL ACCUMULATION, CONCEPTUAL FRAMEWORK, COUNTRY EFFECTS, COUNTRY REGRESSIONS, CROSS COUNTRY, DEPENDENT VARIABLE, DEVELOPING COUNTRY, DEVELOPING WORLD, DEVELOPMENT AGENCIES, DEVELOPMENT EFFORTS, DEVELOPMENT GOALS, DEVELOPMENT INDICATORS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, EDUCATION INDICATORS, EDUCATIONAL ATTAINMENT, EDUCATIONAL ENROLLMENT, EDUCATIONAL EXPANSION, ELASTICITY, EMPIRICAL ANALYSIS, EMPIRICAL REGULARITIES, EMPIRICAL SUPPORT, ENDOGENOUS GROWTH, ENROLLMENT, EQUAL ACCESS, EQUILIBRIUM, ESTIMATION RESULTS, EXPECTED UTILITY, EXPORTS, FIXED EFFECTS, GDP PER CAPITA, GROWTH RATE, GROWTH THEORIES, HUMAN CAPITAL, IMPORTS, INCOME, INCOME EFFECT, INCOME GROWTH, INCOME LEVEL, INCOME LEVELS, INCOMES, INEQUALITY, INVESTMENT IN EDUCATION, LABOR FORCE, LEISURE, LESS DEVELOPED COUNTRIES, LET, LEVEL OF EDUCATION, MARGINAL COST, MARGINAL PRODUCTIVITY, NATIONAL CURRICULUM, NEGATIVE EFFECT, NEGATIVE SIGN, OPEN ECONOMIES, PAPERS, POLICY RESEARCH, POLITICAL PARTICIPATION, POOR COUNTRIES, POPULATION GROWTH, POSITIVE EFFECT, PRODUCTION FUNCTION, PRODUCTIVITY, PROFICIENCY, PUBLIC EXPENDITURE, PUBLIC GOODS, PUBLIC SPENDING, REAL GDP, REGIONAL DUMMIES, REGRESSION RESULTS, SCHOOL QUALITY, SCHOOLING, SCHOOLS, SECONDARY EDUCATION, SECONDARY SCHOOLING, SECONDARY SCHOOLS, SKILLED LABOR, SOCIAL NORMS, STANDARD DEVIATION, STATISTICAL ANALYSIS, STATISTICAL DATA, TAX RATES, TECHNOLOGY FRONTIER, TERTIARY EDUCATION, TOTAL FACTOR PRODUCTIVITY, UNIVERSAL PRIMARY EDUCATION, UNSKILLED LABOR, UTILITY FUNCTION, WORLD INEQUALITY EDUCATIONAL EXPANSION, EDUCATIONAL STATISTICS, COMPLETION RATES, EDUCATIONAL THEORY, EDUCATION & ECONOMIC DEVELOPMENT, INTERTEMPORAL CONSUMPTION BEHAVIOR, TECHNOLOGICAL BREAKTHROUGHS,
Online Access:	http://documents.worldbank.org/curated/en/2004/03/4067066/educational-expansion-evidence-interpretation-educational-expansion-evidence-interpretation http://hdl.handle.net/10986/14122
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