Government bias in education, schooling attainment, and long-run growth
(2012)
Journal Article
Bhattarai, K., & Basu, P. (2012). Government bias in education, schooling attainment, and long-run growth. Southern Economic Journal, 79(1), 127-143. https://doi.org/10.4284/0038-4038-79.1.127
A surprising cross-country stylized fact is that higher public spending on education tends to lower the long-run growth rate of per capita GDP and the returns to schooling. This is contrary to the conventional wisdom that education is a major driver... Read More about Government bias in education, schooling attainment, and long-run growth.