Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247890 
Year of Publication: 
2021
Series/Report no.: 
IFN Working Paper No. 1408
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
Research indicates that education quality - measured by test scores in international student surveys - predicts economic growth. In this paper, we extend previous findings up to 2016 and analyse test scores of upper-secondary school students only. We find that the positive relationship between growth and test scores holds in both cases. The share of top-performing students exhibits a stronger correlation with economic growth than does the share of students who meet basic requirements.
Subjects: 
Education
Economic growth
PISA
TIMSS
Top-performing students
JEL: 
I25
O15
O57
Document Type: 
Working Paper

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