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Education and economic growth in Chile.

Columbia University.

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Education and economic growth in Chile.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Education and economic growth in Chile./
Author:	Valenzuela Piffaut, Pedro.
Description:	379 p.
Notes:	Adviser: Francisco Rivera-Batiz.
Contained By:	Dissertation Abstracts International70-01A.
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3343530
ISBN:	9780549984702

Education and economic growth in Chile.
Valenzuela Piffaut, Pedro.

Education and economic growth in Chile. - 379 p.

Adviser: Francisco Rivera-Batiz.

Thesis (Ph.D.)--Columbia University, 2009.

Chile has had an outstanding record of economic growth in the last twenty five years. This dissertation examines the role played by education on the economic growth experience of Chile, providing a time series econometric analysis of the determinants of growth as well as a cross-sectional analysis that includes Chile as one of many countries whose growth experience is examined. Three topics are examined in the dissertation. First, the extent to which growth in Chile is endogenous and influenced by forces such as the growth of schooling. Secondly, the role played by education as a factor accounting for economic growth, compared to physical capital accumulation and other forces. And thirdly, the dissertation explores how educational inequality affects economic growth in the world, using the case of Chile as one among many other countries.

ISBN: 9780549984702Subjects--Topical Terms:

1017424
Economics, General.

Education and economic growth in Chile.
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020 $a 9780549984702
035 $a (UMI)AAI3343530
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040 $a UMI $c UMI
100 1 $a Valenzuela Piffaut, Pedro. $3 1065457
245 1 0 $a Education and economic growth in Chile.
300 $a 379 p.
500 $a Adviser: Francisco Rivera-Batiz.
500 $a Source: Dissertation Abstracts International, Volume: 70-01, Section: A, page: 0275.
502 $a Thesis (Ph.D.)--Columbia University, 2009.
520 $a Chile has had an outstanding record of economic growth in the last twenty five years. This dissertation examines the role played by education on the economic growth experience of Chile, providing a time series econometric analysis of the determinants of growth as well as a cross-sectional analysis that includes Chile as one of many countries whose growth experience is examined. Three topics are examined in the dissertation. First, the extent to which growth in Chile is endogenous and influenced by forces such as the growth of schooling. Secondly, the role played by education as a factor accounting for economic growth, compared to physical capital accumulation and other forces. And thirdly, the dissertation explores how educational inequality affects economic growth in the world, using the case of Chile as one among many other countries.
520 $a Four key results are found in this study. First, testing for unit root presents compelling evidence that the time series of per capita and per worker Gross Domestic Product in Chile can be better characterized as trend stationary in first differences, suggesting that the Chilean economy has followed an endogenous growth path. It is concluded that endogenous forces in the economy, such as the accumulation of human capital, are partly behind the strong growth experience of the country. Second, a growth accounting exercise for Chile reveals that human capital has contributed substantially to growth in Chile, but mostly through its effects on raising total factor productivity. Third, estimates of the elasticity of substitution between various levels of education and between education and capital show that, in Chile, higher levels of education are substitutes for lower levels of schooling. Moreover, physical capital and human capital are complements, suggesting that more investment in physical capital requires more educated workers to learn and adopt new technologies. Fourth, an unequal distribution of education in a country can thwart its economic growth: real Gross Domestic Product per capita is shown to be negatively associated with education inequality, while positively related to the average years of schooling of the labor force, after controlling for initial income levels.
590 $a School code: 0054.
650 4 $a Economics, General. $3 1017424
650 4 $a Education, Sociology of. $3 626654
650 4 $a History, Latin American. $3 1017580
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710 2 $a Columbia University. $3 571054
773 0 $t Dissertation Abstracts International $g 70-01A.
790 $a 0054
790 1 0 $a Rivera-Batiz, Francisco, $e advisor
791 $a Ph.D.
792 $a 2009
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3343530