Human Capital Accumulation in Emerging Asia, 1970-2030

Lee, Jong-Wha; Francisco, Ruth

doi:10.2139/ssrn.1678386

Cited by 19 publications

(13 citation statements)

References 31 publications

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“…Governments subsidize higher education in most countries; Asia's developing countries have long recognized benefits of investment in education (Asian Development Bank, ). They have also played a significant role in setting educational priorities (Lee and Francisco, ). Education subsidies increase opportunities for poor children to access education.…”

Section: Theoretical Background and Prior Evidencementioning

confidence: 99%

Does Education Reduce Income Inequality? A Meta‐regression Analysis

Abdullah¹,

Doucouliagos

Manning

2013

Journal of Economic Surveys

192

110

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Abstract. This paper reexamines the effects of education on inequality through a comprehensive meta-regression analysis of the extant empirical literature. We find that education affects the two tails of the distribution of income: Education reduces the income share of top earners and increases the share of the bottom earners. Education has been particularly effective in reducing inequality in Africa. Some of the results suggest that secondary schooling appears to have a stronger effect than primary schooling, though this finding is not always robust. The heterogeneity in reported estimates can be largely explained by differences in the specification of the econometric model and measure of inequality and education.

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Section: Theoretical Background and Prior Evidencementioning

confidence: 99%

Does Education Reduce Income Inequality? A Meta‐regression Analysis

Abdullah¹,

Doucouliagos

Manning

2013

Journal of Economic Surveys

192

110

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“…In the past 40 years, Asia has made strong progress in improving its educational capital. The average years of schooling in Asia's emerging economies has increased from 2.9 years in 1970 to 7 years in 2010 (Lee and Francisco, 2010) but there are significant differences throughout the region with regard to performance. Broadly speaking, as evident from selected education indices ( Figure 5), the performance of Asia's diverse economies in the realm of education mirrors the region's performance in many of the other indicators.…”

Section: Educationmentioning

confidence: 99%

Productivity and Technology for Asia’s Growth

Sood¹,

Szyf²

2011

Global Journal of Emerging Market Economies

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For Asia to realize the Asian Century in 2050 and reach per capita income levels similar to Europe today, its fast-growing converging economies must sustain their growth momentum. The slower growing countries must accelerate their growth to achieve convergence status during this period. The underlying requirement for both groups is continued rapid improvement in total factor productivity (TFP). Although it may sound ambitious and though it is definitely not preordained, Asia can reach this dream if its economies strive for excellence in the areas of productivity and innovation, while learning from the best practice in the region and beyond. This article addresses the TFP level and performance of Asian economies, the salient underlying factors, and the strategies that Asian economies must pursue to make further improvement.

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“…In addition to labor force participation-the first term-we also assumed education and human capital-the last term-was independently determined. To calculate it, we used the projections made by Lee and Francisco (2010) (Table 4). Intuitively, the first and the last terms cannot increase or decrease forever because there are limits to their values.…”

Section: The Impact Of Demographic Change On Developing Asia's Ecmentioning

confidence: 99%

Impact of population aging on Asia’s future growth

Park

Shin²

2012

Aging, Economic Growth, and Old-Age Security in Asia

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The ADB Economics Working Paper Series is a forum for stimulating discussion and eliciting feedback on ongoing and recently completed research and policy studies undertaken by the Asian Development Bank (ADB) staff, consultants, or resource persons. The series deals with key economic and development problems, particularly those facing the Asia and Pacific region; as well as conceptual, analytical, or methodological issues relating to project/program economic analysis, and statistical data and measurement. The series aims to enhance the knowledge on Asia's development and policy challenges; strengthen analytical rigor and quality of ADB's country partnership strategies, and its subregional and country operations; and improve the quality and availability of statistical data and development indicators for monitoring development effectiveness. The ADB Economics Working Paper Series is a quick-disseminating, informal publication whose titles could subsequently be revised for publication as articles in professional journals or chapters in books. The series is maintained by the Economics and Research Department.

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Human Capital Accumulation in Emerging Asia, 1970-2030

Cited by 19 publications

References 31 publications

Does Education Reduce Income Inequality? A Meta‐regression Analysis

Does Education Reduce Income Inequality? A Meta‐regression Analysis

Productivity and Technology for Asia’s Growth

Impact of population aging on Asia’s future growth

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