A note on schooling in development accounting
By: Francesco Caselli, Antonio Ciccone
Contributors: Ciccone, Antonio; National Bureau of Economic Research
Series: NBER working paper series -- working paper 17656; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 17656.
Publisher: National Bureau of Economic Research
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a non-parametric upper bound on the increase in output that can be generated by more schooling.  The advantage of our approach is that the upper bound is valid for any number of schooling levels with arbitrary patterns of substitution/complementarity.  We also quantify the upper bound for all economies with the necessary data, compare our results with the standard development accounting approach, and provide an update on the results using the standard approach for a large sample of countries"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 2/14/2012.

Includes bibliographical references.

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