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Measurement Error in Education and Growth Regressions

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dc.creator Alessie, Rob J. M.
dc.creator Portela, Miguel
dc.creator Teulings, Coen N.
dc.date 2004
dc.date.accessioned 2013-10-16T07:10:23Z
dc.date.available 2013-10-16T07:10:23Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20404
dc.identifier ppn:388192453
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20404
dc.description The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher coefficient. Our regressions reveal the opposite. We discuss why the measurement error yields an overestimation. Our analysis contributes to an explanation of the difference between regressions based on 5 and on 10 year firstdifferences.
dc.language eng
dc.relation IZA Discussion paper series 1165
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject I2
dc.subject O4
dc.subject ddc:330
dc.subject growth
dc.subject education
dc.subject measurement error
dc.subject Bildung
dc.subject Bildungsniveau
dc.subject Messung
dc.subject Statistischer Fehler
dc.subject Regression
dc.title Measurement Error in Education and Growth Regressions
dc.type doc-type:workingPaper

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