Does an increase in education quality cause developing countries to catch up?

• Autorzy: Łukasz Goczek , Bartosz Witkowski , Ewa Witkowska
• Języki publikacji: EN

Abstrakty

EN

We investigate whether increasing the education quality causes increases in economic growth allowing poorer countries to catch up. To this end, we extend Nelson-Phelps's classic paper by introducing differences in education quality (proxied by students' performance on the Program for International Student Assessment [PISA] test) in a leader-follower type of growth model with knowledge diffusion. We use students' performance in a standardized international PISA test to measure education quality's impact on economic growth using a panel Vector Error Correction allowing for cross-correlation in the co-integration analysis in a set of all countries observed over the years 1975-2018. Additionally, we consider the possible reverse causality that characterizes economic development and the quality of education. Our results confirm the relevance of education quality as a significant causal factor of economic growth. However, further analyses indicate that the discussed relation is long-run, which may have important implications for policymakers.(original abstract)

Słowa kluczowe

EN

Economic growth; Education; Quality; Politics

PL

Wzrost gospodarczy; Edukacja; Jakość; Polityka

• Czasopismo: International Journal of Management and Economics
• Rocznik: 2022
• Tom: 58
• Numer: nr 4
• Strony: 393--408

Twórcy

autor

Łukasz Goczek

• University of Warsaw, Poland

autor

Bartosz Witkowski

• SGH Warsaw School of Economics, Poland

autor

Ewa Witkowska

• The Maria Grzegorzewska University, Warsaw, Poland.

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Identyfikatory

DOI

https://doi.org/10.2478/ijme-2022-0028