An Empirical Investigation of the effect of education on economic growth
Subject
Economics and Finance
Creator
Bryant, Isaiah
Contributor
Apostolova, Maria (Mentor)
Language
English
Abstract
This paper replicates the results of Mankiw, Romer, and Weil (1992) regarding the contribution of human capital to economic growth. It also adds variables relating to a country’s openness to the outside world and the size of a country’s government to understand how these factors impact economic growth. This paper successfully replicates the conclusion that measures of human capital do have a significant positive impact on economic growth, and that the convergence effects exists. Possible extensions include improving the measurement of the investment rate and the population change.
Collection
Citation
Bryant, Isaiah, “An Empirical Investigation of the effect of education on economic growth,” RICE (Research, Internships, and Creative Endeavors) Symposium, accessed May 4, 2024, https://ricecentrecollege.omeka.net/items/show/132.