You are here:

A theoretical assessment of regional development effects on the demand for general education
ARTICLE

Economics of Education Review Volume 26, Number 3 ISSN 0272-7757 Publisher: Elsevier Ltd

Abstract

This study addresses a prospective aspect of general education: through general education, people obtain information about returns to their future specific education, thereby enabling them to choose fields in which they excel. According to that property of education, this paper presents a theoretical framework as a basis for understanding effects of regional development on the demand for general education. Results suggest that the demand for general education depends on the variety of specific skills in the regional labor market.

Citation

Iwahashi, R. A theoretical assessment of regional development effects on the demand for general education. Economics of Education Review, 26(3), 387-394. Elsevier Ltd. Retrieved December 1, 2022 from .

This record was imported from Economics of Education Review on March 1, 2019. Economics of Education Review is a publication of Elsevier.

Full text is availabe on Science Direct: http://dx.doi.org/10.1016/j.econedurev.2006.02.008

Keywords

References

View References & Citations Map
  1. Acemoglu, D. (2002). Technical change, inequality, and the labor market . Journal of Economic Literature, 40(1), pp. 7-72.
  2. Ariga, K., Brunello, G., Iwahashi, R., & Rocco, L. (2005). Why is the timing of shool tracking so heterogeneous? IZA Discussion Papers No. 1854.
  3. Arrow, K. (1973). Higher education as a filter . Journal of Public Economics, 2(3), pp. 193-216.
  4. Barro, R. (1991). Economic growth in a cross section of countries . Quarterly Journal of Economics, 106(2), pp. 407-443.
  5. Becker, G. (1964). Human capital: A theoretical and empirical analysis with special reference to education . New York: Columbia University Press.
  6. Becker, G., Murphy, K., & Tamura, R. (1990). Human capital, fertility, and economic growth . Journal of Political Economy, 98(5), pp. 12-37.
  7. Bertocchi, G., & Spagat, M. (2004). The evolution of modern educational system: Technical vs. general education, distributional conflict, and growth . Journal of Development Economics, 73(2), pp. 559-582.
  8. Bils, M., & Klenow, J. (2000). Does schooling cause growth? . American Economic Review, 90(5), pp. 1160-1183.
  9. Brown, B. (1992). Why governments run schools? . Economics of Education Review, 11(4), pp. 287-300.
  10. Brunello, G., Giannini, M., & Ariga, K. (2006). The optimal timing of school tracking . Schools and the equal opportunity problem Cambridge, MA: The MIT Press.
  11. Gullason, E. (1989). The consumption value of schooling: An empirical estimate of one aspect . Journal of Human Resources, 24(2), pp. 289-298.
  12. Haveman, R., & Wolfe, B. (1984). Schooling and economic well-being: The role of nonmarket effects . Journal of Human Resources, 19(3), pp. 377-407.
  13. Heckman, J. (2005). Education policy. Invited lecture on Econometric Society World Congress 2005.
  14. Heckman, J., & Honore, B. (1990). The empirical content of the Roy model . Econometrica, 58(5), pp. 1121-1149.
  15. Heckman, J., Lochner, L., & Todd, P. (2003). Fifty years of mincer earnings regressions. NBER Working Paper No. 9732.
  16. Heckman, J., & Sedlacek, G. (1985). Heterogeneity, aggregation and market wage functions: An empirical model of self-selection in the labor market . Journal of Political Economy, 93(6), pp. 1077-1125.
  17. Jovanovic, B., & Nyarko, Y. (1995). A bayesian learning model fitted to a variety of empirical learning curves. Brookings Papers on Economic Activity, Microeconomics Issue, 1.
  18. Jovanovic, B., & Nyarko, Y. (1996). Stepping stone mobility. NBER Working Paper No. 5651.
  19. Krueger, A., & Lindahl, M. (2001). Education for growth . Journal of Economic Literature, 39(4), pp. 1101-1136.
  20. Levhari, D., & Weiss, Y. (1974). The effect of risk on the investment on human capital . American Economic Review, 64(6), pp. 950-963.
  21. Lindbeck, A., & Snower, D. (2000). Multitask learning and the reorganization of work: From Tayloristic to holistic organization . Journal of Labor Economics, 18(3), pp. 353-376.
  22. Lucas, R. (1988). On the mechanics of economic development . Journal of Monetary Economics, 22(1), pp. 3-42.
  23. Mankiw, G., Romer, D., & Weil, D. (1992). A contribution to the emprics of economic growth . Quarterly Journal of Economics, 107(2), pp. 407-438.
  24. Roy, D. (1951). Some thoughts on the distribution of earnings . Oxford Economic Papers (New Series), 3, pp. 135-146.
  25. Schultz, T. (1963). The economic value of education . New York: Columbia University Press.
  26. Snow, A., & Warren, R. (1990). Human capital investment and labor supply under uncertainty . International Economic Review, 31(1), pp. 195-205.
  27. Spence, M. (1973). Job market signaling . Quarterly Journal of Economics, 87(3), pp. 382-397.
  28. Stiglitz, J. (1975). The theory of “screening” education and the distribution of income . American Economic Review, 65(3), pp. 283-300.
  29. UNESCO. (2003). Global education digest, UNESCO.
  30. Williams, J. (1978). Risk, human capital, and the investor's portfolio . Journal of Business, 51(1), pp. 65-89.
  31. Williams, J. (1979). Uncertainty and the accumulation of human capital over the life cycle . Journal of Business, 52(4), pp. 521-548.
  32. World Bank. (2004). World development indicators. The World Bank.

These references have been extracted automatically and may have some errors. Signed in users can suggest corrections to these mistakes.

Suggest Corrections to References