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The Economics of Higher Education in the United States

Author

Listed:
  • Elvira Nica
  • Gheorghe H. Popescu

Abstract

The purpose of this study is to examine the relationship of education and economic growth, investment in education to increase human development and economic growth, and the role of education in promoting economic well-being. We are specifically interested in how previous research investigated the robustness of the relationship between education and economic outcomes, the association between the returns to college and the decision to attend college, human capital as an engine of economic growth for technological change, and the economic impact of schools.

Suggested Citation

  • Elvira Nica & Gheorghe H. Popescu, 2014. "The Economics of Higher Education in the United States," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(1), pages 87-90, March.
    • Handle: RePEc:khe:journl:v:6:y:2014:i:1:p:87-90
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    References listed on IDEAS

    as
    1. Jaison R. Abel & Richard Deitz, 2011. "The role of colleges and universities in building local human capital," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 17(Oct).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Education; economic growth; college; human development;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education

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