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 article is an update of a previous study by the author which examined the growth of elementary and public school revenues for school years 1982-1983 through 1991-1992 (Alexander 1997). Using the same framework, this study provides an analysis of the factors accounting for changes in real per-pupil revenues across the 50 states and the…

This paper estimates multidimensional poverty in China by applying the Alkire-Foster methodology to the China Health and Nutrition Survey 2000-2009 data. Five dimensions are included: income, living standard, education, health and social security. Results suggest that rapid economic growth has resulted not only in a reduction in income poverty but…

The question about the contribution of economic growth to subjective well-being has caused long-standing debate in the literature on subjective well-being, and Japan is often mentioned as a typical case of no contribution. With a careful examination of the survey text, nevertheless, this study provides a completely opposite result. In other words,…

Canada weathered the global economic crisis well, mainly reflecting sustained growth in domestic pending, and the economy is continuing to grow despite the persistence of international turbulence, most recently stemming from the euro zone sovereign debt crisis. In Canada's case, several factors are acting in its favour. Federal fiscal plans are…

The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic wellbeing, with a particular focus on the role of educational quality. It concludes that there…

This study is an analysis of the impact of the Los Rios Community College District on the economy of metropolitan Sacramento. This analysis measures business volume, employment, and individual income generated in the area as a result of the district's expenditures. The models used can be applied to other colleges to determine their impact on a…

This comprehensive document studies poverty in the U.S. and develops a set of recommendations for dealing with the problems. It examines poverty from the perspectives of both the national economy and local areas. It considers circumstances in both labor and consumer markets and looks at public and private activities, at revenue and spending…

The aim of this Working Paper is to broaden the debate on "pro-poor growth". An exclusive focus on the income dimension of poverty has neglected the non-income dimensions. After an examination of prominent views on the linkages between economic growth, inequality, and poverty reduction this paper discusses the proper definition and…

Education policies can discriminate against different income groups through the supply of educational opportunities. Expansion of primary school facilities in neglected areas, in this case rural Colombia, may have a high rate of return as well as raise relative incomes of poor people. A simple theoretical model deals with linkages between…

Recently, there has been growing criticism of the usefulness of the conventional measures of gross national product (GNP) to reflect the growth of economic welfare. It is argued that GNP fails to allow for certain measures of economic welfare. The object of this study is to examine how much difference would be made to the relative growth rates of…

The changes in income inequality during the post-war period in Japan are investigated quantitatively and extensively in order to shed some light on the relationship between income inequality and the rapid economic development experienced in Japan. Following a presentation of some summary pictures on income inequality in the Japanese society the…

Income inequality in the United States displays considerable variance since the seventeenth century. There is no eternal constancy to the degree of inequality in total income, in labor earnings, or in income from conventional nonhuman wealth either before or after the effects of government taxes and spending. When all the necessary adjustments to…

The major purpose of this paper are to survey the published data on the size distribution of personal income in a number of countries belonging to the Organization for Economic Co-operation and Development (OECD), to point out the shortcomings of currently collected data, and to propose improvements. An important conclusion concerning the first…

A study analyzed the contributions of education to U.S. economic growth during the years 1948 to 1973. By allocating the growth of the quality of labor input among the contributions of changes in the composition of the labor force by sex, age, education, employment status, and occupation, researchers were able to separate the contribution of…