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ERIC Number: EJ870411
Record Type: Journal
Publication Date: 2009-Dec
Pages: 24
Abstractor: As Provided
Reference Count: 26
ISBN: N/A
ISSN: ISSN-0964-5292
Want Economic Growth with Good Quality Institutions? Spend on Education
Mamoon, Dawood; Murshed, S. Mansoob
Education Economics, v17 n4 p445-468 Dec 2009
The purpose of this paper is to compare the role of human capital accumulation measured by number of years of schooling with the relative contribution of institutional capacity to prosperity. We employ several concepts of institutional quality prevalent in the literature. We discover that developing human capital is as important as superior institutional functioning for economic well-being. Indeed, the accumulation of human capital stocks via increased education might lead to improved institutional functioning, and the utilisation of policies like trade liberalisation. (Contains 5 tables, 2 figures and 2 notes.)
Routledge. Available from: Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site: http://www.tandf.co.uk/journals
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A