Purpose: The purpose of this paper is to combine seemingly unrelated factors to explain global competitiveness. The study argues that school discipline and education investment affect competitiveness with the association being mediated by educational performance. Crucially, diachronic effects of discipline on performance are tested to demonstrate…

The degree of equality in the delivery of education is an important dimension of variation. Some nations believe that the provision of a highly stratified system enhances quality, at least for the minority who are able to gain entry to the elite academic stream. In contrast, other nations prefer a more egalitarian approach to education where all…

The article considers a test of specification for quantile regressions. The test relies on the increase of the objective function and the worsening of the fit when unnecessary constraints are imposed. It compares the objective functions of restricted and unrestricted models and, in its different formulations, it verifies (a) forecast ability, (b)…