The Contribution of Education to Economic Growth : A Review of the Evidence, with Special Attention and an Application to Sub-Saharan Africa

By Paul Glewwe, E. Maïga, Haochi Zheng. 2014

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This paper examines recent studies that estimate the impact of education on economic growth. It explains why cross-country regressions face formidable econometric problems. Recent studies are reviewed: some show strong impacts of education on economic growth; others show little effect. All have multiple estimation problems, which may explain their divergent results. Evidence shows that education quality in Sub-Saharan Africa is much lower than in other developing countries. Estimates from three influential studies are extended; the results suggest that the impact of education on economic growth in Sub-Saharan Africa is lower than in other countries, likely due to lower school quality.

Subfields: Economics and Econometrics, Safety Research

View Paper: https://www.semanticscholar.org/paper/c00ad5d2df8bc77a478d275261d0f124e5fae115