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What level of education matters most for growth?: Evidence from Portugal
ARTICLE

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Economics of Education Review Volume 28, Number 1 ISSN 0272-7757 Publisher: Elsevier Ltd

Abstract

We decompose annual average years of schooling series for Portugal into different schooling levels series. By estimating a number of vector autoregressions, we provide measures of aggregate and disaggregate economic growth impacts of different education levels. Increasing education at all levels except tertiary have a positive and significant effect on growth. Investment in education does not significantly crowd out physical investment and average years of schooling semi-elasticities have comparable magnitude across primary and secondary levels.

Citation

Pereira, J. & St. Aubyn, M. What level of education matters most for growth?: Evidence from Portugal. Economics of Education Review, 28(1), 67-73. Elsevier Ltd. Retrieved January 25, 2020 from .

This record was imported from Economics of Education Review on March 1, 2019. Economics of Education Review is a publication of Elsevier.

Full text is availabe on Science Direct: http://dx.doi.org/10.1016/j.econedurev.2007.12.001

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