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Schooling, educational achievement, and the Latin American growth puzzle ☆

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TLDR
This paper found that educational achievement can account for between half and two thirds of the income differences between Latin America and the rest of the world in terms of economic development, and that the positive growth effect of educational achievement fully accounts for the poor growth performance of Latin American countries.
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This article is published in Journal of Development Economics.The article was published on 2012-11-01. It has received 174 citations till now. The article focuses on the topics: Achievement test & Human capital.

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Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

TL;DR: This article developed a new metric for the distribution of educational achievement across countries that can further track the cognitive skill distribution within countries and over time, and found a close relationship between educational achievement and GDP growth that is remarkably stable across extensive sensitivity analyses of specification, time period, and country samples.
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Economic growth in developing countries: The role of human capital

TL;DR: In this article, the focus on human capital as a driver of economic growth for developing countries has led to undue attention on school attainment, which led to a lack of attention on issues of school quality and in that area developing countries have been much less successful in closing the gaps with developed countries.
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Returns to Skills around the World: Evidence from PIAAC

TL;DR: The PIAAC survey of adult skills over the full lifecycle in 23 countries showed that the focus on early-career earnings leads to underestimating the lifetime returns to skills by about one quarter as discussed by the authors.
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Economic growth, human capital and structural change: A dynamic panel data analysis

TL;DR: In this paper, the authors assess the direct and indirect effects of human capital on economic growth, including in the latter the interaction between human capital with the industrial specialization of countries, and find that human capital and the countries' productive specialization dynamics are crucial factors for economic growth.
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The impact of teacher subject knowledge on student achievement: Evidence from within-teacher within-student variation

TL;DR: The authors used a correlated random effects model to estimate the causal effect of teacher subject knowledge on student achievement using within-teacher within-student variation, exploiting a unique Peruvian 6th-grade dataset that tested both students and their teachers in two subjects.
References
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Journal ArticleDOI

A Contribution to the Empirics of Economic Growth

TL;DR: The authors examined whether the Solow growth model is consistent with the international variation in the standard of living, and they showed that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data.
ReportDOI

Endogenous Technological Change

TL;DR: In this paper, the authors show that the stock of human capital determines the rate of growth, that too little human capital is devoted to research in equilibrium, that integration into world markets will increase growth rates, and that having a large population is not sufficient to generate growth.
ReportDOI

Economic Growth in a Cross Section of Countries

TL;DR: For 98 countries in the period 1960-1985, the growth rate of real per capita GDP is positively related to initial human capital (proxied by 1960 school-enrollment rates) and negatively related to the initial (1960) level as mentioned in this paper.
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Why do Some Countries Produce So Much More Output Per Worker than Others

TL;DR: This article showed that the differences in capital accumulation, productivity, and therefore output per worker are driven by differences in institutions and government policies, which are referred to as social infrastructure and called social infrastructure as endogenous, determined historically by location and other factors captured by language.
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Africa's Growth Tragedy: Policies and Ethnic Divisions

TL;DR: This article showed that ethnic diversity helps explain cross-country differences in public policies and other economic indicators in Sub-Saharan Africa, and that high ethnic fragmentation explains a significant part of most of these characteristics.
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