ERIC Number: ED525832
Record Type: Non-Journal
Publication Date: 2011-Oct-17
Reference Count: N/A
Education and Development. Major Themes in Education
McMahon, Walter, Ed.
Routledge, Taylor & Francis Group
This series addresses the relation of education to knowledge-based growth and broader measures of development beyond growth, central features of the modern world in which education has a central role. This role includes the effects of education on pure economic growth including its effects on the creation, adaptation, and dissemination of new ideas. Beyond this, the series presents pivotal research on the contribution of education to the many non-market private and social benefits beyond earnings. These non-market benefits largely define individuals' life chances and are, for a society, standard indicators of development. Education readers will be able to easily access the most recent and key research defining education's role in earnings, in growth, and in the flow of new ideas, all in Volume I. The contributions of education to development outcomes beyond earnings, both private and social, are addressed in Volume II. The introductions to the series and to each volume place this in a coherent framework. Education dynamics and short and long term "endogenous development" are defined and explored in Volume III, and finance and policy in Volume IV. The views of skeptics about education's effects are considered. It is also explained how the controls they use can eliminate education's effects through technical change, on broader development beyond GDP, and can focus only on smaller short term education outcomes. Economists in development, growth, and in the economics of education should be especially interested in this series, which is cross listed in economics, because of the new insights into "education dynamics" in Volume III. This includes the short term dynamics of endogenous development involving estimates of difference equations and of 5-35 year education outcomes that build up with time. Volume III also addresses the long run dynamics of optimal growth and optimal development. Other new aspects include the contributions of education to new ideas improving non-market development outcomes and through indirect effects that feed back and enhance growth. This chips away at the mystery of unexplained "technical change" and also helps explain why static models do not always find education significant to growth, external benefits, or development. For policy, financing criteria need to consider education's effects on earnings but also on non-market development outcomes beyond earnings, or overall efficiency and equity. The pivotal articles addressing these important issues are presented in this series together with explanatory transition articles and introductions that put them in a readable and coherent context. This book is divided into four volumes. Volume I, Education and Growth, contains: (1) Investment in Human Capital (T. W. Schultz); (2) Why isn't the Whole World Developed (Richard A. Easterlin); (3) The Origins of Endogenous Growth (Paul M. Romer); (4) On the Mechanics of Economic Development (Robert E. Lucas); (5) Endogenous Technical Change (Paul M. Romer); (6) A Contribution to the Empirics of Economic Growth (Gregory Mankiw, David Romer, and David Weil); (7) Human Capital and Growth (Robert J. Barro); (8) Ideas and Growth (Robert E. Lucas, Jr.); (9) Review of Zvi Griliches' "R&D, Education, and Productivity: A Retrospective" (Walter W. McMahon); (10) Economic Growth in a Cross Section of Countries (Robert Barro); (11) Investment in Primary, Secondary, and Higher Education and the Effects on Economic Growth (Katarina R. I. Keller); (12) Education and Growth in East Asia (Walter W. McMahon); (13) Education Expansion, Expenditures Per Student and the Effects on Growth in Asia (Katarina R. I. Keller); (14) Education and Growth in Latin America (Walter W. McMahon); (15) Human Capital and Rates of Return (George Psacharopoulos and Harry A. Patrinos); (16) Schooling and Labor Market Consequences of School Construction in Indonesia: Evidence from an Unusual Policy Experiment (Esther Duflo); (17) Dynamic Rates of Return to Education in the U.S., Economics of Education Review (Omer Arias and Walter McMahon); (18) Earnings Functions, Rates of Return, and Treatment Effects: The Mincer Equation and Beyond (James J. Heckman, Lance Lochner, and Petra Todd); (19) Higher Education and Economic Growth: Jobs, Earnings, and the Skill Deficit (Walter W. McMahon); (20) Improving Quality versus Increasing the Quantity of Schooling: Estimates of the Rates of Return from Rural Pakistan (Jere R. Behrman, David R. Ross, and Richard Sabot); (21) Further Estimates of the Economic Return to Schooling from a New Sample of Identical Twins (Cecilia E. Rouse); (22) Ability Bias in Schooling Returns and Twins: A Test and New Estimates (Jere R. Behrman and M. R. Rosenzweig); (23) Making Globalization Work for the Poor (Adrian Wood); and (24) Democracy and Development: The Devil in the Details (Torsten Persson and G. Tabellini). Volume II, Education and Development Outcomes Beyond Growth, contains: (25) A Theory of the Allocation of Time (Gary Becker); (26) Schooling and Economic Well-Being: The Role of Non-Market Effects (Robert Haveman and Barbara Wolfe); (27) Education and Health (P. Muennig); (28) Education and Non-Market Outcomes (Michael Grossman); (29) New Evidence on the Relationship Between Mother's Education and Children's Cognitive Skills (Richard Murnane); (30) So What Does Make Us Happy? (Richard Layard); (31) The External Benefits of Education (Walter W. McMahon); (32) Determinants of Democracy (Robert J. Barro); (33) Do Institutions Cause Growth? (Edward L. Glaeser et al.); (34) Education and Civic Engagement (Thomas S. Dee); (35) Determinants of Human Capital Formation and Economic Growth of African Countries (Moses O. Oketch); (36) Health and Net Population Growth (Walter W. McMahon); (37) Education and Inequality (J. Blanden and S. Machin); (38) Education and Crime (Lance Lochner); (39) The Social Costs of Inadequate Education (Hank Levin); (40) Education and Social Capital (John F. Helliwell and Robert D. Putnam); (41) Measuring the Total Social Benefits of Education: The Complete Model (Walter W. McMahon); and (42) From Education to Democracy? (Daron Acemoglu et al.). Volume III, The Dynamics of Education and Development, contains: (43) Investment in Humans, Technological Diffusion, and Economic Growth (R. R. Nelson and E.S. Phelps); (44) Human Capital and Economic Growth: Cross Section Evidence for OECD Countries (Hans-Jurgen Engelbrecht); (45) Human Capital and Technology Diffusion (Jess Benhabib and Mark M. Spiegel); (46) The Comparative Advantage of Educated Workers in Implementing New Technology (Ann P. Bartel and Frank R. Lichtenberg); (47) Farmers' Education, Technology Adoption and Income: A Case of Eco-Friendly Farming in Korean Farm Households (Jin Hwa Jung); (48) Embodiment, Vintage Human Capital, Obsolescence, Indirect Benefits, and Externalities (Walter W. McMahon); (49) Growth in OECD Countries and Elsewhere: How Much do Education and R & D Explain? (Katrina R. I. Keller and Panu Poutvaara); (50) First Order Difference Equations (William J. Baumol); (51) An Analysis of Education Externalities with Applications to Development in the Deep South (Walter W. McMahon); (52) Education and the Poverty Trap in China: Closing the Trap (John Knight, Li Shi, and Deng Quheng); (53) The Social Outcomes of Education and Feedbacks on Growth in Africa (Elizabeth Appiah and Walter W. McMahon); (54) Separating and Valuing the Direct and Indirect Effects of Education (Walter W. McMahon); (55) Schooling and National Income: How Large Are the Externalities? Revised Estimates (Theodore W. Breton); (56) Human Capital Accumulation, Home Production, and Equilibrium Dynamics (Yunfang Hu); and (57) The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital (Charles I. Jones and Paul M. Romer). Volume IV, Education Policy and Finance, contains: (58) Introduction (Jandhyala B. G. Tilak); (59) Schools, Teachers, and Education Outcomes in Developing Countries (Paul Glewwe and Michael Kremer); (60) Towards Universal Primary Education (Christopher Colclough); (61) Advanced Purchasing as Public Policy: On the Advanced Firm as a Technical University Gunnar Eliasson); (62) Concepts of Equity in School Finance (Kern Alexander); (63) Achieving Schooling for All: Budgetary Expenditures on Education in Sub-Saharan Africa and South Asia (Christopher Colclough and Samer Al-Samarrai); (64) An Adequate Education for Each Child (Walter W. McMahon); (65) The New School Finance: Providing Adequacy and Improving Equity (Allan Odden); (66) Has Adequacy Been Achieved? A Study of Finances and Costs a Decade after Court Ordered Reform (Deborah A. Verstegen); (67) What is Performance Funding and How is it Employed by Other States to Reach Their Higher Education Goals? (Eric Fingerhut and Don Sevener); (68) The Political Economy of Development: An Assessment (Christopher Adam and Stefan Dercon); (69) Market Failure (Walter W. McMahon); (70) Higher Education and Development in the UK and US (Walter W. McMahon and Moses Oketch); (71) Conclusions: What Have We Learned? (Christopher Colclough); and (72) Why Policies Matter (Walter W. McMahon).
Descriptors: Economic Progress, Expenditure per Student, Higher Education, Human Capital, Twins, Primary Education, School Construction, Democracy, Economics, Role of Education, Outcomes of Education, Educational Finance, Educational Policy, Technological Advancement, Education Work Relationship, Educational Attainment, Income, Labor Market, Elementary Secondary Education, Educational Quality, Global Approach, Poverty, Population Growth, Health, Social Capital, Crime, Agricultural Occupations, Agriculture, Equal Education, Access to Education, Educational Change
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Publication Type: Books; Collected Works - General
Education Level: Elementary Secondary Education; Higher Education
Authoring Institution: N/A
Identifiers - Location: Africa; Asia; Indonesia; Pakistan; South Korea; United Kingdom; United States