Measurement Error in Education and Growth Regressions

Scandinavian Journal of Economics

Volumn 112, Issue 3, 2010, Pages 618-639

  Portela, Miguel ^a   Alessie, Rob ^b   Teulings, Coen ^c  

^a UNIVERSITY OF MINHO   (Portugal)

^b UNIVERSITY OF GRONINGEN   (Netherlands)

^c CPB NETHERLANDS BUREAU FOR ECONOMIC POLICY ANALYSIS   (Netherlands)

Author keywords

Education; Growth regressions; I2; O4; Perpetual inventory method; Systematic measurement error

Indexed keywords

EDUCATION; ERROR ANALYSIS; ERROR CORRECTION; INVENTORY; REGRESSION ANALYSIS;

EID: 78649474500     PISSN: 03470520     EISSN: 14679442     Source Type: Journal    
DOI: 10.1111/j.1467-9442.2010.01613.x     Document Type: Article

References (22)

1. Barro, R., and Lee, J.-W. (1993), International Comparisons of Educational Attainment, Journal of Monetary Economics 32 (3), 363-394.
2. Barro, R., and Lee, J.-W. (1996), International Measures of Schooling Years and Schooling Quality, American Economic Review 86 (2), 218-223.
3. Barro, R., and Lee, J.-W. (2001), International Data on Educational Attainment: Updates and Implications, Oxford Economic Papers 53 (3), 541-563.
4. Barro, R., and Sala-i-Martin, X. (1999), Economic Growth, MIT Press, Cambridge, MA
5. Benhabib, J., and Spiegel, M. (1994), The Role of Human Capital in Economic Development: Evidence from Aggregate Cross-country Data, Journal of Monetary Economics 34 (2), 143-173.
6. Cohen, D., and Soto, M. (2007), Growth and Human Capital: Good Data, Good Results, Journal of Economic Growth 12 (1), 51-76.
7. De La Fuente, A., and Doménech, R. (2002), Human Capital in Growth Regressions: How Much Difference Does Data Quality Make? An Update and Further Results, CEPR Discussion Paper no. 3587, London
8. De La Fuente, A., and Doménech, R. (2006), Human Capital in Growth Regressions: How Much Difference Does Data Quality Make?, Journal of the European Economic Association 4 (1), 1-36.
9. Ferreira, P., Issler, J., and De Abreu Pessôa, S. (2004), Testing Production Functions Used in Empirical Growth Studies, Economics Letters 83 (1), 29-35.
10. Heston, A., Summers, R., and Aten, B. (2002), Penn World Table Version 6.1, Center for International Comparisons at the University of Pennsylvania (CICUP), October, Philadelphia
11. Krueger, A., and Lindahl, M. (2001), Education for Growth: Why and For Whom?, Journal of Economic Literature 39 (4), 1101-1136.
12. Kyriacou, G. (1991), Level and Growth Effects of Human Capital: A Cross-country Study of the Convergence Hypothesis, New York University Economic Research Report no. 91-26.
13. Lucas, R. (1988), On the Mechanics of Economic Development, Journal of Monetary Economics 22 (1), 3-42.
14. Mankiw, N., Romer, D., and Weil, D. (1992), A Contribution to the Empirics of Economic Growth, Quarterly Journal of Economics 107 (2), 407-438.
15. Nehru, V., Swanson, E., and Dubey, A. (1995), A New Database on Human Capital Stocks in Developing and Industrial Countries: Sources, Methodology and Results, Journal of Development Economics 46 (2), 379-401.
16. Nelson, R., and Phelps, E. (1966), Investment in Humans, Technology Diffusion and Economic Growth, American Economic Review 56 (2), 69-75.
17. Pritchett, L. (2001), Where Has All the Education Gone?, World Bank Economic Review 15 (3), 367-391.
18. Pritchett, L. (2006), Does Learning to Add Up Add Up? The Returns to Schooling in Aggregate Data, in E. Hanushek and F. Welch (eds.), Handbook of Education Economics, Vol. 1, North-Holland, Amsterdam, 637-695.
19. Psacharopoulos, G., and Arriagada, A. M. (1986), The Educational Composition of the Labour Force: An International Comparison, International Labour Review 125 (5), 561-574.
20. Summers, R., and Heston, A. (1991), The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988, Quarterly Journal of Economics 106 (2), 280-315.
21. Teulings, C., and Van Rens, T. (2008), Education, Growth, and Income Inequality, Review of Economics and Statistics 90 (1), 89-104.
22. Topel, R. (1999), Labor Markets and Economic Growth, in O. Ashenfelter and D. Card (eds.), Handbook of Labor Economics, Vol. 3C, North-Holland, Amsterdam, 2943-2984.