This article examines the long-run effect of higher education, measured in average years of tertiary schooling, on the level and growth rate of national per capita income. It uses an improved dataset on educational attainments which not only reduces measurement error but also overcomes data comparability issues and allows us to estimate the…

Economic development through technological advancement is a phenomenon that for many decades brought economic prosperity, increased wealth, and (by extension) social change to citizens of the world. However, economists and development specialists have consistently challenged the inequitable distribution of this wealth between the countries of the…

One result of accelerating globalization is the competition for human capital. On one hand, nations are investing more and more in their educational systems to create their own human resources; on the other hand, these nations are struggling to effectively and efficiently utilize their existing human capital. Additionally, there is a massive wave…

This document is a summary of the situations of six Asian nations (The People's Republic of China, Japan, Singapore, South Korea, Taiwan, and India) compared to the United States in science and technology education. The paper includes a table of the production of bachelor of science degrees in science and engineering in 1990, comparing the Asian…