The Impact of Education on GDP per Capita

Weatherly, Helena; Lopez, Kendy; Tierra, Carol

Title:

The Impact of Education on GDP per Capita

dc.contributor.author	Weatherly, Helena
dc.contributor.author	Lopez, Kendy
dc.contributor.author	Tierra, Carol
dc.contributor.corporatename	Georgia Institute of Technology. School of Economics	en_US
dc.date.accessioned	2022-11-21T14:22:53Z
dc.date.available	2022-11-21T14:22:53Z
dc.date.issued	2022-11
dc.description.abstract	Education plays an important role in a country’s economic growth. This paper looks at the impact of education on the gdp per capita of different countries across the globe. The data comes from the World Bank and from the Barro and Lee database for the year of 2015. We took the average of total years of schooling to determine how the quantity of education affects GDP per capita. First, we look only at the relationship of education and GDP per capita on a simple regression model. We then add other factors such as the unemployment rate, foreign direct investment, gross savings, and manufacturing to see how they also affect GDP per capita across these countries. Our models found a significant relationship between years of total education and GDP per capita.	en_US
dc.identifier.uri	http://hdl.handle.net/1853/69964
dc.publisher	Georgia Institute of Technology	en_US
dc.subject	Education	en_US
dc.subject	Econometric analysis	en_US
dc.subject	GDP	en_US
dc.title	The Impact of Education on GDP per Capita	en_US
dc.type	Text
dc.type.genre	Undergraduate Research Paper
dspace.entity.type	Publication
local.contributor.corporatename	School of Economics
local.contributor.corporatename	Ivan Allen College of Liberal Arts
local.relation.ispartofseries	Economics: Econometric Analysis
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