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Growth effects of education and social capital in the OECD countries

Wachstumseffekte von Bildung und Sozialkapital in den OECD-Ländern
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Temple, Jonathan

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Abstract This paper surveys the empirical literature on the growth effects of education & social capital. The main focus is on the cross-country evidence for the OECD countries, but the paper also briefly reviews evidence from labor economics, to clarify where empirical work on education using macro data may be relatively useful. It is argued that on balance, the recent cross-country evidence points to productivity benefits of education that are at least as large as those identified by labor economists. The paper also discusses the implications of this finding. Finally, the paper reviews the emerging literature on the benefits of social capital. Since this literature is still in its early days, policy conclusions are accordingly harder to find.
Keywords education; economic growth; qualitative growth; labor economics; human capital; value-orientation; social norm; social network; OECD
Classification General Sociology, Basic Research, General Concepts and History of Sociology, Sociological Theories; Macroanalysis of the Education System, Economics of Education, Educational Policy
Method empirical
Free Keywords Human Capital; Cultural Capital; Economic Conditions; Economic Development; Industrial Societies; Educational Attainment; Education Work Relationship; Labor Policy
Document language English
Publication Year 2002
Page/Pages p. 5-46
Journal Historical Social Research, 27 (2002) 4
ISSN 0172-6404
Status Published Version; peer reviewed
Licence Creative Commons - Attribution-Noncommercial-No Derivative Works