TY  - JOUR
AU  - Jamison,Eliot A.
AU  - Jamison,Dean T.
AU  - Hanushek,Eric A.
TI  - The Effects of Education Quality on Income Growth and Mortality Decline
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 12652
PY  - 2006
Y2  - October 2006
UR  - http://www.nber.org/papers/w12652
L1  - http://www.nber.org/papers/w12652.pdf
N1  - Author contact info:
Eliot A. Jamison
Origo, Inc.
153 Kearny St., Suite 401
San Francisco, CA 94108
E-Mail: ejamison@origoinc.com

Dean T. Jamison
University of California, San Francisco
50 Beale St., Suite 1200
San Francisco, CA 94105
E-Mail: djamison@globalhealth.ucsf.edu

Eric A. Hanushek
Hoover Institution
Stanford University
Stanford, CA  94305-6010
Tel: 650/736-0942
Fax: 650/723-1687
E-Mail: hanushek@stanford.edu
AB  - Previous work shows that higher levels of education quality (as measured by international student achievement tests) increases growth rates of national income.  This paper begins by confirming those findings in an analysis involving more countries over more time with additional controls.  We then use the panel structure of our data to assess whether the mechanism by which education quality appears to improve per capita income levels is through shifting the level of the production function (probably not), through increasing the impact of an additional year of education (probably not), or through increasing a country's rate of technological progress (very likely).  Mortality rates complement income levels as indicators of national well-being and we extend our panel models to show that improved education quality increases the rate of decline in infant mortality.  Throughout the analysis, we find a stronger impact of education quality and of years of schooling in open than in closed economies.
ER  -