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ERIC Number: ED347033
Record Type: Non-Journal
Publication Date: 1990
Pages: 7
Abstractor: N/A
Reference Count: N/A
Education: Linkages with Economic Development.
Clouser, Rodney L.
A review of the literature of research in education and economics revealed very limited linkages between education (human capital) and economic development. Much of the economic development research has been carried out in developing nations and is case-study based. Many case studies concentrate on identifying factors that influence location or expansion of businesses. In one U.S. study, the location of new high technology firms was influenced by the presence of a "major" research-oriented university, availability of technical personnel, the quality of local school systems, and (in the South) the presence of vocational training facilities. Studies of the economic aspects of education comprise a very small proportion of educational studies; the majority of these focus on school financing and related equity issues. Among agricultural economists, education research topics appear to be in a renaissance period, stimulated by increased interest in rural development. However, this growing concern with educational issues has not been translated into quantitative research. Although the literature review did not establish strong research linkages between education and economic development, some subsidiary linkages were evident, such as research addressing returns to investment in education and research. Suggestions for research areas are found in a report from the Southern Growth Policies Board: educational finance in states with low incomes and property tax wealth, economic incentives for dropout prevention, mobilization of resources to eliminate adult illiteracy, preparation of a globally competitive workforce, and changes in the federal government's role due to population mobility. This paper contains 23 references. (SV)
Publication Type: Speeches/Meeting Papers; Information Analyses
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A