The Empirics of Growth: An Update

Bosworth, Barry; Collins, Susan M.

doi:10.1353/eca.2004.0002

Cited by 648 publications

(579 citation statements)

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“…Furthermore, Bosworth and Collins (2003) find a stronger positive correlation between growth and the initial level of schooling years than between growth and change in schooling, as well as a positive correlation with scores via OLS. In a nonlinear framework, Papageorgiou (2003) employs OLS as well as IV and provides evidence for a positive role of schooling years on growth.…”

Section: Review Of the Literaturementioning

confidence: 78%

Education and Economic Growth: A Meta-Regression Analysis

2014

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This paper surveys the literature that examines the effect of education on economic growth.Specifically, we apply meta-regression analysis to 56 studies with 979 estimates and show that there is substantial publication selection bias towards a positive impact of education on growth.Once we account for this, we find evidence of a genuine effect of education on economic growth.The variation in reported estimates can be attributed to differences in the measurement of education and study characteristics, most importantly model specification, estimation methodology, type of data and the research outlet where studies were published, e.g. academic journals vs. working papers.JEL Classification: I25, E24, C01, O50

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Section: Review Of the Literaturementioning

confidence: 78%

Education and Economic Growth: A Meta-Regression Analysis

2014

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“…New capital markets have been developed in many of the MENA countries with an aim to increase private investment and protecting investors in stimulating markets. As a result, growth performance, GDP per worker, and total factor productivity levels in the MENA region since the early 1980s has been near zero and negative, closer to Latin America and lagging far behind East Asia (Bosworth & Collins, 2003).…”

Section: Evolution Of Stock Market In the Mena Regionmentioning

confidence: 99%

Stock Market Development of Middle East and North Africa (MENA) Region

Yusoff

Guima²

2015

IJBER

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Financial markets play important roles for economic growth as they facilitate the flow of resources to the most productive investment opportunities and help in terms of efficient allocation of credit in the economy. Recognizing the important roles of stock market on economic growth, prudential international institutions such as World Bank, IMF and ADB pursued stock market development programs for emerging markets in developing nations. Hence, this study sought to investigate the determinants of development in capital markets in the MENA region from the perspective of three countries Egypt, Saudi Arabia and Tunisia. Secondary data for the ten years period of 1992-2012 were used to model the factors influencing the development of their stock markets. Using Correlation analysis it has been revealed that, macro-economic factors such as exchange rate, oil rent, income per capita, inflation, domestic savings and interest rate can be used to study development capital markets. The analysis also reported significant relationship between stock market development and some variables for some countries and irrelevant to others. The variations in results are explained by the economic and legal environment in every country and show some policy options. The findings are interesting in the sense that they provide variations of the determinants of the stock market development in the region. This would open area for research that is concerned with enhancing the collective development of the stock markets in the region through complementary and synergies.

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“…It was a core component of a project exploring the New Economy sponsored by the European Commission in 2001-2003 [6] and served the EC again in 2009 for a project examining the impact of information and communications technology (ICT) and on sustainability [7]. Forecasts from IFs supported the National Intelligence Council's Project 2020: Mapping the Global Future [8] and Global Trends 2025: A Transformed World [9]. IFs provided driver forecasts for the fourth Global Environment Outlook of The United Nations Environment Program [10].…”

Section: The International Futures (Ifs) Modelmentioning

confidence: 99%

“… Jamison, Lau, and Wang [8] used the Barro-Lee measure of average years of school for males between 15 and 60, but concluded that the "effect was small".  Bosworth and Collins [9] argued that each year of additional education adds about 0.3% to annual growth.  The OECD [10] found that one additional year of education (about a 10% rise in human capital) raised GDP/capita in the long run by 4-7%.…”

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confidence: 99%

Exploring Future Impacts of Environmental Constraints on Human Development

et al. 2012

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Environmental constraints have always had, and will always have, important consequences for human development. They have sometimes contributed to, or even caused, the reversal of such development. The possibility that such constraints, including climate change, will grow significantly this century raises the concern that the very significant advances in human development across most of the world in recent decades will slow or even reverse. We use the International Futures (IFs) integrated forecasting system to explore three scenarios: a Base Case scenario, an Environmental Challenge scenario, and an Environmental Disaster scenario. Our purpose is to consider the impact of different aspects and levels of environmental constraint on the course of future human development. Using the Human Development Index (HDI) and its separate components as our key measures of development, we find that environmental constraints could indeed greatly slow progress and even, in disastrous conditions, begin to reverse it. Least developed countries are most vulnerable in relative terms, while middle-income countries can suffer the greatest absolute impact of constraints, and more developed countries are most resilient. Education's advance is the aspect of development tapped by the HDI that is most likely to continue even in the face of tightening environmental constraints, and that is one reason why human development shows great momentum even in the face of environmental challenges. OPEN ACCESSSustainability 2012, 4 959

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The Empirics of Growth: An Update

Cited by 648 publications

References 70 publications

Education and Economic Growth: A Meta-Regression Analysis

Education and Economic Growth: A Meta-Regression Analysis

Stock Market Development of Middle East and North Africa (MENA) Region

Exploring Future Impacts of Environmental Constraints on Human Development

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