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Title: What Level of Education Matters Most for Growth? Evidence from Portugal
Author: Pereira, João
St. Aubyn, Miguel
Keywords: Economic growth
human capital
Issue Date: 2004
Publisher: ISEG – Departamento de Economia
Citation: 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
Series/Report no.: DE Working papers;nº 13-2004/DE/UECE
Abstract: 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.
ISSN: 0874-4548
Publisher Version:
Appears in Collections:DE - Documentos de trabalho / Working Papers
UECE - Documentos de Trabalho / UECE - Working Papers

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