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dc.contributor.authorHanushek, Eric Alanen_US
dc.contributor.authorWoessmann, Ludgeren_US
dc.date.accessioned2010-01-19en_US
dc.date.accessioned2010-07-07T12:06:37Z-
dc.date.available2010-07-07T12:06:37Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/36178-
dc.description.abstractWe investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over time, and along the within-country distribution. Extensive sensitivity analyses of cross-country growth regressions generate remarkably stable results across specifications, time periods, and country samples. In addressing causality, we find, first, significant growth effects of cognitive skills when instrumented by institutional features of school systems. Second, home-country cognitive-skill levels strongly affect the earnings of immigrants on the U.S. labor market in a difference-in-differences model that compares home-educated to U.S.-educated immigrants from the same country of origin. Third, countries that improved their cognitive skills over time experienced relative increases in their growth paths. From a policy perspective, the shares of basic literates and high performers have independent significant effects on growth, and the estimates suggest that the high-performer effect is larger in poorer countries.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 4575en_US
dc.subject.jelH4en_US
dc.subject.jelI2en_US
dc.subject.jelJ3en_US
dc.subject.jelJ61en_US
dc.subject.jelO1en_US
dc.subject.jelO4en_US
dc.subject.ddc330en_US
dc.subject.keywordHuman capitalen_US
dc.subject.keywordeconomic growthen_US
dc.subject.keywordcognitive skillsen_US
dc.subject.stwBildungsniveauen_US
dc.subject.stwKognitionen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwBildungsökonomiken_US
dc.subject.stwKausalanalyseen_US
dc.subject.stwWelten_US
dc.subject.stwMigrantenen_US
dc.subject.stwBildungsertragen_US
dc.subject.stwUSAen_US
dc.titleDo better schools lead to more growth? Cognitive skills, economic outcomes, and causationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn616712561en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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