Autor(es):
Pereira, João 
; St. Aubyn, Miguel
Data: 2004
Identificador Persistente: http://hdl.handle.net/10400.5/2718
Origem: Repositório da UTL
Assunto(s): Economic growth; education; human capital; Portugal
Detalhes do Documento
What Level of Education Matters Most for Growth? Evidence from Portugal
Descrição
We decompose an 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 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.
We decompose an 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 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.
Tipo de Documento
Outro
Idioma Inglês
Idioma Inglês
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