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Direct linkLim, Gieyoung; Kim, Chong-Uk – Educational Researcher, 2013
In this article, we investigate a positive tertiary education externality in 18 European countries. Using a simple Cobb-Douglas-type production function with constant returns to scale, we find that there are positive spillover effects from tertiary education in European countries. According to our model prediction, on average, 72,000 new employed…
Descriptors: Productivity, Postsecondary Education, Foreign Countries, Employment Patterns
