Research Brief
Trial By False Fire: Education's Role in U.S. "Economic Decline"
Dec 31, 1993
How Do Education and Training Effect a Country’s Economic Performance?
A Literature Survey
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This report reviews research on the role of education and training in economic performance. It focuses on the long-run and international perspective of economic trends and education to counteract the fairly myopic view of economic conditions encountered in many policy debates. In addition to surveying research on the relationships between education and training and the macroeconomic phenomenon of economic growth and individual wages, this review discusses alternative approaches that take a more systems-oriented approach than the standard economic framework.
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Table of Contents
Chapter One
Introduction
Chapter Two
Productivity and Competitiveness: What Do the Data Show?
Chapter Three
The Contribution of Education to Economic Growth
Chapter Four
The Economic Returns to Education and Training
Chapter Five
Productivity Growth in Business Organizations and the Evolution of the Economy
Chapter Six
Conclusions
This research was sponsored by RAND's Institute on Education and Training with funds from a grant by the Lilly Endowment, Inc.
This report is part of the RAND Corporation monograph report series. The monograph/report was a product of the RAND Corporation from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.