Educational human capital and levels of income: evidence from states in India, 1965-92
This paper examines the long-run (steady-state) relationship between levels of educational human capital and levels of income for the 15 major states of India between 1965 and 1992. The relationship is estimated using the Pooled Mean Groups (PMG) technique; which produces common long-run coefficient...
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| Format: | Working paper |
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University of Oxford
2002
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| _version_ | 1797096251631599616 |
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| author | Trivedi, K |
| author_facet | Trivedi, K |
| author_sort | Trivedi, K |
| collection | OXFORD |
| description | This paper examines the long-run (steady-state) relationship between levels of educational human capital and levels of income for the 15 major states of India between 1965 and 1992. The relationship is estimated using the Pooled Mean Groups (PMG) technique; which produces common long-run coefficients but allows heterogeneity of the short-run adjustment parameters, and is well-suited to approximately square panels. The results suggest that levels of educational human capital, proxied by secondary school enrollment rates, have a robust positive impact on steady-state levels of income. This is true for male and female education, and the regressions also suggest that states which have larger gender-gaps in education have lower steady-state incomes. The estimated relationship is robust to the inclusion of alternative measures, added controls, and variation in the degree of state coverage. |
| first_indexed | 2024-03-07T04:39:13Z |
| format | Working paper |
| id | oxford-uuid:d10d6349-c286-40e7-839b-c34054ff0d60 |
| institution | University of Oxford |
| last_indexed | 2024-03-07T04:39:13Z |
| publishDate | 2002 |
| publisher | University of Oxford |
| record_format | dspace |
| spelling | oxford-uuid:d10d6349-c286-40e7-839b-c34054ff0d602022-03-27T07:54:09ZEducational human capital and levels of income: evidence from states in India, 1965-92Working paperhttp://purl.org/coar/resource_type/c_8042uuid:d10d6349-c286-40e7-839b-c34054ff0d60Bulk import via SwordSymplectic ElementsUniversity of Oxford2002Trivedi, KThis paper examines the long-run (steady-state) relationship between levels of educational human capital and levels of income for the 15 major states of India between 1965 and 1992. The relationship is estimated using the Pooled Mean Groups (PMG) technique; which produces common long-run coefficients but allows heterogeneity of the short-run adjustment parameters, and is well-suited to approximately square panels. The results suggest that levels of educational human capital, proxied by secondary school enrollment rates, have a robust positive impact on steady-state levels of income. This is true for male and female education, and the regressions also suggest that states which have larger gender-gaps in education have lower steady-state incomes. The estimated relationship is robust to the inclusion of alternative measures, added controls, and variation in the degree of state coverage. |
| spellingShingle | Trivedi, K Educational human capital and levels of income: evidence from states in India, 1965-92 |
| title | Educational human capital and levels of income: evidence from states in India, 1965-92 |
| title_full | Educational human capital and levels of income: evidence from states in India, 1965-92 |
| title_fullStr | Educational human capital and levels of income: evidence from states in India, 1965-92 |
| title_full_unstemmed | Educational human capital and levels of income: evidence from states in India, 1965-92 |
| title_short | Educational human capital and levels of income: evidence from states in India, 1965-92 |
| title_sort | educational human capital and levels of income evidence from states in india 1965 92 |
| work_keys_str_mv | AT trivedik educationalhumancapitalandlevelsofincomeevidencefromstatesinindia196592 |