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The effect of government spending and school enrollment ratio in tertiary education on labor productivity : A panel data analysis on OECD countries

This study investigates the effect of human capital, using gross enrolment rate as a proxy, on labor productivity. It also investigates if a larger public effort in providing education opportunities would lead to a more efficient distribution of skills and therefore give a positive effect on labor productivity. We use a panel data approach to estimate an endogenous growth model on countries that are selected as to be reasonably similar. The main results are that growth in gross enrolment rate have a positive effect on labor productivity, while the level of government expenditure on tertiary education (measured as a percentage of GDP) has a negative effect on labor productivity.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:lnu-85878
Date January 2019
CreatorsSörensson, Samuel
PublisherLinnéuniversitetet, Institutionen för nationalekonomi och statistik (NS)
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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