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The Effects of Quality and Quantity of Education on Economic Growth

Kuiper, Geert Bert, G.B. (2022) The Effects of Quality and Quantity of Education on Economic Growth. Bachelor thesis, Global Responsibility & Leadership (GRL).

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Abstract

This paper measures the role of quantity and quality of education in accounting for cross-country differences in economic growth, with a particular focus on how this relation manifests itself in high-income countries compared to non-high-income countries. The role of increased quantity of average years of schooling has become controversial because increases in quantity of education have not guaranteed improved economic growth. The incorporation of quality of education in accounting for economic growth is thus of great relevance. Regression models generate an unstable, nonetheless present relationship between quality of education and economic growth. This is specifically the case when compared with the relation between quantity of education and economic growth, which is relatively insignificant. Causality as well as plausible interpretations of the identified relations are thoroughly being discussed.

Item Type: Thesis (Bachelor)
Name supervisor: Papakonstantinou, M.A.
Date Deposited: 09 Sep 2022 14:13
Last Modified: 09 Sep 2022 14:13
URI: https://campus-fryslan.studenttheses.ub.rug.nl/id/eprint/124

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