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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
Linnaeus University, School of Business and Economics, Department of Economics and Statistics.
2019 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

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.

Place, publisher, year, edition, pages
2019. , p. 31
Keywords [en]
Human capital, Gross enrolment rate, Government expenditure on tertiary education, Capital intensity, Labor productivity
National Category
Economics
Identifiers
URN: urn:nbn:se:lnu:diva-85878OAI: oai:DiVA.org:lnu-85878DiVA, id: diva2:1330299
Subject / course
Economics
Educational program
The Economics Programme, 180 credits
Supervisors
Examiners
Available from: 2019-06-25 Created: 2019-06-25 Last updated: 2019-06-25Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • ieee
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
  • rtf