Vietnam's economy and education system have had remarkable success in recent decades, yet there are concerns about the declining returns to higher education since 2008. We document this decline in returns to higher education and propose four hypotheses to explain it. Analysis of the VLSS/VHLSS and LFS data provides little evidence for three of…

In the rapidly changing atmosphere of the global economy, productivity has become a very important concept for long-term economic growth, development, regional and global competitiveness, raising social living standards and increasing the level of welfare for countries. In the 21st century, when scientific knowledge, technology, innovation,…

Purpose: Studies of human capital and economic growth were initially focused on labour and physical capital, but it was later recognised that factors such as education, health, and technology also affected this relationship. The present study aims to examine the effects of education, health, and innovation/technology, as the components of human…

This study investigates the impact of higher education on economic growth and is based on a sample of 18 African economies over the time period 1980-2015. The research makes use of a Panel Vector Autoregression (PVAR) framework to account for potential dynamic and endogenous relationship in modelling of the tertiary education-growth nexus. The…

This study examines the relationship between higher education (HE) and economic development. Through the use of Algeria as a case study, this study specifically addresses how the Algerian economy needs to integrate HE to promote the country's competitiveness and reduce its dependency on oil. Although the country has adopted European educational…

This study investigates the impact of development in the higher education sector, on the Income Inequality in Pakistan, by using the annual time series data from 1973 to 2012. The autoregressive distributed lag bound testing co-integration approach confirms the existence of long-run relationship between higher education and income inequality.…