000 01884nam a2200277 a 4500
001 rea00031245
005 20190704021248.0
008 s2005 wau e 001 0 eng d
035 _z57452
039 _a31240
_cTLC
100 1 _aLoening, Josef L.
245 1 0 _aEffects of primary, secondary, and tertiary education on economic growth :
_bevidence from Guatemala, volume 1 of 2 /
_cJosef L. Loening.
260 _aWashington, D. C :
_bWorld Bank,
_c2005.
300 _a75p ;
_c29 cm.
440 0 _aPolicy research working papers ;
_vno. 3610
500 _aAlso available online.
500 _a"Loening investigates the impact of human capital on economic growth in Guatemala during 1951-2002 using an error-correction methodology. The results show a better-educated labor force having a positive and significant impact on economic growth. These findings are robust while changing the conditioning set of the variables, controlling for data issues and endogeneity. Due to an environment of social and political conflict, however, total factor productivity has been slightly negative for the past decades, and there is evidence of a missing complementarity between the country's skills and its technology base. The author presents a growth-accounting framework which takes into account quality changes of physical capital, and differentiates by level of education. It shows that the human capital variables explain more than 50 percent of output growth. Of these, secondary schooling is t
504 _aIncludes bibliographical references.
506 _aOpen access.
650 0 _aHuman capital
_xGuatemala
_xeconomic models.
650 0 _aGuatemala
_xEconomic conditions
_x1985
_xeconomic models.
710 2 _aWorld Bank.
949 _aBSPC
_bSPC
_cHG3881.5
_d.W57 no.3610
_g57452
_5N
961 _t1
999 _c25212
_d25212