In the rapidly changing atmosphere of the global economy, productivity has become a very important concept for long-term economic growth, development, regional and global competitiveness, raising social living standards and increasing the level of welfare for countries. In the 21st century, when scientific knowledge, technology, innovation,…

This paper develops a new measure of human capital, calculated as a cohort-weighted average of the quality of education (PISA scores) and the quantity of education (mean years of schooling). Contrary to the existing studies, the relative weights of quality and quantity are estimated (and not calibrated). The quality of education is estimated to be…

South Asian economies has witnessed very slow growth over the years and the gap has widened manifold between other nations of Asia particularly East Asian nations and South Asian nations. This paper examines co-integration between the economic growth and reach of higher education in South Asian nations explaining this disparity. The research…

Expanded international data from the PIAAC survey of adult skills allow us to replicate the IALS-based analysis by Coulombe, Tremblay and Marchand (2004) as well as Coulombe and Tremblay (2006) based on more recent and more comprehensive data on the literacy skills of the adult population. Results from panel estimations over the period 1970-2010…

We focus on human capital measured by skills and analyse its relationship with R&D investments and productivity across 12 OECD economies and 17 industries. We compute a measure of sectoral human capital defined as the average cognitive skills of the workforce in each country-sector combination. The variation in labour productivity that can be…

The paper investigates the views of Greek university graduates on the link between higher education and productivity in order to determine the extent to which productivity can be considered to be an indication of quality in higher education. It also investigates the perceived effect of the type and content of higher education on productivity;…

This report reviews the economic literature investigating the effects of the share of immigrants in classes and schools on the school performance of immigrants and natives. The review is organized in four sections. In the first section, we document the recent expansion in the presence of immigrants in European schools, introduce a measure of…

In Australia, like many western countries, there has been a convergence of education policy around a set of utilitarian and economistic approaches to vocational education and training in schools. Such approaches are based on the assumption that there is a direct relationship between national economic growth, productivity and human capital…

This study estimated rates of return to public investments in human and research capital (formal schooling and extension and vocational agricultural education) in the United States agricultural industry. (Southern states were excluded because of demographic and educational factors that would have biased the variables.) Output per farm was defined…