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The effects of the quality of tertiary education on economic growth have been examined across countries. Professors’ research publication is used as a proxy for the quality of education at the university level. Research outputs in basic science and engineering are found to have a positive and significant effect on economic growth. Economics and business research also have immediate growth effects although the effects are a bit smaller. The results are, in general, consistent with the findings in the growth literature. The convergence hypothesis is also supported by the data.
Jin et al. (Thu,) studied this question.
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