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ERIC Number: ED427065
Record Type: Non-Journal
Publication Date: 1998
Pages: 23
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Educational Stock and Economic Output: A Quantitative Analysis.
Liu, Yuxiang
A series of multiple linear regressions analyses was used to investigate the relationship between educational stock and economic output. The gross state product (GSP) per capita was used as the dependent variable. Used as independent variables were percentages of: (1) state residents with a high school diploma and above; (2) state residents with any kind of higher education; (3) state residents with an associate degree and above; (4) state residents with a bachelor's degree and above; and (5) state residents with a graduate or professional degree. Results of the multiple linear regression analyses indicate that there is a significant linear relationship, at the 0.05 level, between GSP per capita and each of the five independent variables. Results of the multiple linear regression analyses also indicate that about 19% of the variance in GSP per capita can be explained by percentage of state residents with a high school diploma and above, and about 21% of the variance in GSP per capita can be explained by the percentage of state residents with any type of higher education. About 25% of the variance in GSP per capita can be explained by the percentage of state residents with an associate degree and above, and about 40% of the GSP per capita can be explained by the percentage of state residents with a bachelor's degree and above. The percentage of state residents with a graduate or professional degree explains about 50% of the variance in GSP per capita. (Contains 7 tables and 23 references.) (Author/SLD)
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A