Education and Development: Measuring the Social Benefits

By W. mcmahon. 2000

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Higher education and economic growth in Africa (2006, background): “…Barro, 1999, 1997; Petrakis and Stamatakis, 2002), others use the proportion of the population that has attained a certain level of education (Barro and Sala-i-Martin, 1995); still others use expenditures on education (McMahon, 1987, 2000; Appiah and McMahon, 2002) as the measure of education.”
The Changing Pattern of Wage Returns to Education and its Implications (2010, background): “Although there have been important attempts to quantify their scale and impact (Haveman and Wolfe, 1984; McMahon, 1999), definitive results which allow for the impact of externalities remain elusive.”