Purpose: This study examines whether education in developing countries directly impacts their foreign income from the top export sector. Design/methodology/approach: As most developing countries follow developed nations to shape their development, this study assumes developing countries as education-follower and developed countries as…

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…

Household income shocks in developing countries are known to have an impact on the education investments for children. In this paper, we explore the effects of various income and expenditure shocks on educational investment and cognitive outcomes of children using three rounds of household-level panel data from Young Lives survey conducted in two…

This article analyzes the socio-economic determinants of student mobility in India and evaluates the factors that hinder and promote higher educational mobility. It is argued that despite the mass expansion of higher education in India in recent times, student mobility is directed towards developed educational regions. India is a unique case…

Education is recognized to be a key factor of economic development, not only giving access to technological progress as emphasized by the Schumpeterian growth theory, but also entailing numerous social externalities such as the demographic transition (Murtin, 2009) or democratization (Murtin and Wacziarg, 2010). If the evolution of world…

This paper uses household level data from National Sample Survey Organization (NSSO) of India, the 55th (1999-2000) and the 61st (2004-05) rounds, to show that even with a significant wage incentive for schooling of urban children, the school drop out rate and child labour incidence are not small over this period. The parents' level of education…

This paper uses household level data from National Sample Survey Organization (NSSO) of India, the 55th round (1999-2000), to show that for urban male children there exists significant wage incentive for schooling, though school dropout rate and child labour incidence are not so small. The parents' level of education plays an important role in…

Investigates the relationships among schooling, experience, job status, and earnings in a large, private company in India. Results indicate that job status rises monotonically with experience and channels the transmission effects of schooling and experience onto earnings. Marginal productivity theory and the weak version of the screening…