The Double Dividend of Expanding Education for Development

Dados Bibliográficos

ID2354530
AutoresVolker Bornschier (University of Zurich, autor correspondente), Mark Herkenrath (University of Zurich, autor correspondente), Claudia König (0000-0002-6816-4314, University of Zurich, autor correspondente)
Ano2005
Volume20
Fascículo4
Páginas506-529
Data de publicação2005-12-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoInternational Sociology (JOURNAL)
Identificadores do periódicoISSN: 0268-5809 • E-ISSN: 1461-7242
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/0268580905058329
OpenAlexW2014383135
IdiomaEN
Citações recebidas3
Referências citadas10

Education has been used in models of both econometricians and sociologists to explain differences in the speed of economic development. This important field of research is, however, theoretically underspecified, and the empirical tests have remained incomplete for they only model the direct effects of education suggested by the human capital school. This article complements this individualistic view by also considering functions of education stressed in sociology. The educational system is seen as a device to integrate society and legitimize socioeconomic inequality. Such a perspective allows one to consider both cohesion as well as socioeconomic conflict as mediating between public educational expenditure and economic achievement; this translates into a model that contains direct as well as indirect effects. The resulting proposition of a 'double dividend' of education in development suggests that in the short and medium term the educational efforts of governments may contribute to legitimizing society, which is reflected in tempering socioeconomic conflict. This again fosters economic growth via greater motivation of citizens and higher propensity to invest. In this article, the double-dividend thesis is corroborated in an empirical test using a sample of 83 societies

Dividend · Economic growth · Economics · Empirical research · Human capital · Positive economics · Socioeconomic status · Sociology · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality