Education and growth in East Asia.

Autor/in	McMahon, Walter W.
Titel	Education and growth in East Asia.
Quelle	In: Economics of education review, 17 (1998) 2, S. 159-172Infoseite zur Zeitschrift PDF als Volltext Link als defekt meldenVerfügbarkeit
Beigaben	Literaturangaben 52; Tabellen 6
Sprache	englisch; englische Zusammenfassung
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/S0272-7757(97)00050-2
Schlagwörter	Empirische Untersuchung; Bildungsbeteiligung; Humankapital; Bildungsinvestition; Investition; Wirtschaft; Internationaler Vergleich; Entwicklung; Indonesien; Japan; Korea, Republik; Malaysia; Ostasien; Philippinen; Singapur; Thailand
Abstract	In the new endogenous growth and augmented Solow models, human capital is central to the growth process. Its role in the diffusion of knowledge and technoplogy offsets the diminishing returns to physical capital that otherwise occurs. Per capita output thereby grows, given appropriate poilicies, without bounds. This paper applies production functions with education externalities to the rapidly growing countries of East Asia. It tests for the net effect of differences in policies concerning enrollments vs expenditures at each level, and for feedbacks through the effect of education on rates of physical capital investment. It finds that since most countries had universal primary education early, the rate at which secondary education expanded ( necessary to successful exports), was crucial in achieving high rates of investment and high per capita growth. Secondary and higher education expenditures are more significant after primary enrollments are universal. There is evidence of convergence within the region. ( DIPF/orig.)
Erfasst von	DIPF \| Leibniz-Institut für Bildungsforschung und Bildungsinformation, Frankfurt am Main
Update	1999_(CD)