The relationship between graduates and economic growth across countries


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Producing estimates of the impact of higher education (HE) on growth and competitiveness is a major challenge. In most countries, there is a dilemma about the amount of public resources that should be devoted to education, which has been amplified by the period of fiscal adjustment faced by many of the advanced economies. In this study, [the authors] consider the evidence on the impact of HE on economic growth and productivity, drawing conclusions on the longer-term benefits of current investment in degree-level education. The objectives of this research are to: explore the relationship...  [+] Show more

Subjects: Economics; Outcomes; Higher education; Research; Performance; Finance

Keywords: Economic growth; Return on education and training; Comparative analysis; Productivity; Educational expenditure; Cost benefit analysis; Investment

Published: London, England: Department for Business, Innovation and Skills, 2013

Physical description: 71 p.

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Series: BIS research paper; no. 110

Resource type: Report

Rights: Crown copyright 2013. You may re-use this information (excluding logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view a copy of the licence visit:

Document number: TD/TNC 113.1100

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