6533b7cffe1ef96bd12584d5
RESEARCH PRODUCT
Does one size fit all? The impact of cognitive skills on economic growth
Abdurrahman AydemirNadir Altinoksubject
Economics and EconometricsJEL: N - Economic History/N.N3 - Labor and Consumers Demography Education Health Welfare Income Wealth Religion and Philanthropy/N.N3.N37 - Africa • Oceania[SHS.EDU]Humanities and Social Sciences/Education[SHS.EDU] Humanities and Social Sciences/EducationPopulationeducationGrowthDevelopmentHeterogeneity.Human capitalEducationBasic skillsJEL : H - Public Economics/H.H5 - National Government Expenditures and Related Policies0502 economics and businessDevelopment economicsJEL: O - Economic Development Innovation Technological Change and Growth/O.O1 - Economic DevelopmentEconomics[ SHS.ECO ] Humanities and Social Sciences/Economies and financesCognitive skillEndogeneity050207 economics[SHS.ECO] Humanities and Social Sciences/Economics and FinanceeducationTotal factor productivity050205 econometrics education.field_of_study05 social sciencesJEL : O - Economic Development Innovation Technological Change and Growth/O.O1 - Economic Development1. No povertyJEL : I - Health Education and Welfare/I.I2 - Education and Research Institutions/I.I2.I25 - Education and Economic DevelopmentJEL: H - Public Economics/H.H5 - National Government Expenditures and Related Policies[ SHS.EDU ] Humanities and Social Sciences/Education[SHS.ECO]Humanities and Social Sciences/Economics and FinanceJEL: I - Health Education and Welfare/I.I2 - Education and Research Institutions/I.I2.I25 - Education and Economic Development8. Economic growthAfricaGeographic regionsDemographic economicsHeterogeneityJEL : N - Economic History/N.N3 - Labor and Consumers Demography Education Health Welfare Income Wealth Religion and Philanthropy/N.N3.N37 - Africa • OceaniaCognitive Skillsdescription
Les Documents de Travail de l'IREDU, n°2016-1; This paper tests for heterogeneous effects of cognitive skills on economic growth across countries. Using a new extended dataset on cognitive skills and controlling for potential endogeneity, we find that the magnitude of the effect is about 60 per cent higher for low-income countries compared to high-income countries, and it more than doubles when low TFP countries are compared to high TFP countries. There are also marked differences across geographic regions. Using data on the share of the population with advanced and minimum skill levels, our results also indicate that high-income countries should focus on increasing the number of high skilled human capital, while countries from Sub-Saharan Africa would benefit more by investing in the development of basic skills.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-10-04 |