NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A New Data Set of Educational Attainment in the World, 1950–2010

Robert J. Barro, Jong-Wha Lee

NBER Working Paper No. 15902
Issued in April 2010
NBER Program(s):   EFG   ME   PE

Our panel data set on educational attainment has been updated for 146 countries from 1950 to 2010. The data are disaggregated by sex and by 5-year age intervals. We have improved the accuracy of estimation by using information from consistent census data, disaggregated by age group, along with new estimates of mortality rates and completion rates by age and education level. We use these new data to investigate how output relates to the stock of human capital, measured by overall years of schooling as well as by the composition of educational attainment of workers at various levels of education. We find schooling has a significantly positive effect on output. After controlling for the simultaneous determination of human capital and output, by using the 10-year lag of parents‘ education as an instrument variable (IV) for the current level of education, the estimated rate-of-return to an additional year of schooling ranges from 5% to 12%, close to typical Mincerian return estimates found in the labor literature.

download in pdf format
   (455 K)

email paper

This paper is available as PDF (455 K) or via email.

Acknowledgments

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w15902

Published: Barro, Robert J. & Lee, Jong Wha, 2013. "A new data set of educational attainment in the world, 1950–2010," Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.

Users who downloaded this paper also downloaded these:
Barro w3120 Economic Growth in a Cross Section of Countries
Barro w5698 Determinants of Economic Growth: A Cross-Country Empirical Study
Romer w3173 Human Capital And Growth: Theory and Evidence
Barro and Lee w7911 International Data on Educational Attainment Updates and Implications
Barro and McCleary w9682 Religion and Economic Growth
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us