The Knowledge Capital of Nations: Education and the Economics of Growth

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9780262029179: The Knowledge Capital of Nations: Education and the Economics of Growth

In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population -- which they term the "knowledge capital" of a nation -- are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the "Latin American growth puzzle" and the "East Asian miracle" can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

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Eric A. Hanushek, Ludger Woessmann
Editore: MIT Press Ltd, United States (2015)
ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro MIT Press Ltd, United States, 2015. Hardback. Condizione libro: New. 231 x 150 mm. Language: English . Brand New Book. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country s development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population -- which they term the knowledge capital of a nation -- are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the Latin American growth puzzle and the East Asian miracle can be explained by these regions knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance. Codice libro della libreria AAZ9780262029179

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Descrizione libro MIT Press. Condizione libro: New. Brand New. Codice libro della libreria 0262029170

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Eric A. Hanushek, Ludger Woessmann
Editore: MIT Press Ltd, United States (2015)
ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro MIT Press Ltd, United States, 2015. Hardback. Condizione libro: New. 231 x 150 mm. Language: English . Brand New Book. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country s development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population -- which they term the knowledge capital of a nation -- are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the Latin American growth puzzle and the East Asian miracle can be explained by these regions knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance. Codice libro della libreria AAZ9780262029179

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Eric A. Hanushek; Ludger Woessmann
Editore: The MIT Press (2015)
ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro The MIT Press, 2015. Hardcover. Condizione libro: New. book. Codice libro della libreria 0262029170

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ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro MIT Press 2015-05-08, 2015. Condizione libro: New. Brand new book, sourced directly from publisher. Dispatch time is 24-48 hours from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Codice libro della libreria NU-GRD-05190012

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Eric A. Hanushek, Ludger Woessmann
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ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro MIT Press Ltd. Hardback. Condizione libro: new. BRAND NEW, The Knowledge Capital of Nations: Education and the Economics of Growth, Eric A. Hanushek, Ludger Woessmann, In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population -- which they term the "knowledge capital" of a nation -- are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the "Latin American growth puzzle" and the "East Asian miracle" can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance. Codice libro della libreria B9780262029179

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Eric A. Hanushek, Ludger Woessmann
Editore: MIT Press Ltd 2015-05-26, Cambridge, Mass. (2015)
ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro MIT Press Ltd 2015-05-26, Cambridge, Mass., 2015. hardback. Condizione libro: New. Codice libro della libreria 9780262029179

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Eric A. Hanushek
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Descrizione libro MIT Press, 2015. HRD. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria WM-9780262029179

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Eric A. Hanushek, Ludger Woessmann
ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro Hardback. Condizione libro: New. Not Signed; In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue. book. Codice libro della libreria ria9780262029179_rkm

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Eric A. Hanushek; Ludger Woessmann
ISBN 10: 0262029170 ISBN 13: 9780262029179
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Descrizione libro Condizione libro: New. Depending on your location, this item may ship from the US or UK. Codice libro della libreria 97802620291790000000

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