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What level of education matters most for growth? Evidence from Portugal
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Autores
Orientador(es)
Resumo(s)
We decompose an 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 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.
Descrição
Palavras-chave
Economic Growth Education Human Capital Portugal
Contexto Educativo
Citação
Pereira, João e Miguel St. Aubyn. 2004. "What level of education matters most for growth? Evidence from Portugal". Instituto Superior de Economia e Gestão - DE Working papers nº 13-2004/DE/UECE
Editora
ISEG – Departamento de Economia