How Do Education and Training Effect a Country’s Economic Performance?

A Literature Survey

by Roland Sturm

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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.

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.

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