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Education and Economic Progress: Experience in Industrialized Market Economies

A Preliminary Approach to a Statistical Examination
  • M. C. Kaser
Part of the International Economic Association Series book series (IEA)

Abstract

The object of the present paper is to indicate the summary patterns of education at evolving levels of economic progress in a dozen industrialized market economies. It does not attempt to measure the contribution of education to growth, but examines whether any educational structure is common to the experience of those countries at corresponding economic graduations.

Keywords

National Income National Product Primary Teacher Current Prex Secondary School Teacher 
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Notes

  1. 1.
    M. Allais, ‘The Influence of the Capital-Output Ratio on Real National Income’, Econometrica, No. 4 (October) 1962, p. 722. His model shows that one ‘ cannot expect from an indefinite increase of available real capital, an indefinite increase of real national income consumed per capita, and that there is an optimum amount of capital for which real income per capita is a maximum’ (p. 700).Google Scholar
  2. 2.
    B. Mueller used this ratio to measure teachers’ salaries in J. Dewhurst and associates, Europe’s Needs and Resources, New York, 1961, p. 338 (Tables 10–15).Google Scholar
  3. 1.
    M. Gilbert, A. Kravis, Comparative National Product and Price Levels, OEEC, Paris, 1958.Google Scholar
  4. 1.
    As E. Domar (Essays in the Theory of Economic Growth, New York, 1957, chapter vii) has shown, this is far from all of the problem!Google Scholar
  5. 1.
    Data communicated by the Swedish Central Bureau of Statistics by courtesy of Mr. E. Lundén, Head of the Information Section. The work has subsequently been published as a book: for a review strongly critical of Höö k’s theory but commending his statistics, see G. Ohlin, Ekonomisk Tidskrift, March 1963, pp. 1–2.Google Scholar

Copyright information

© International Economic Association 1966

Authors and Affiliations

  • M. C. Kaser
    • 1
  1. 1.University of OxfordUK

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