Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
354795 | Economics of Education Review | 2009 | 7 Pages |
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
João Pereira, Miguel St. Aubyn,