Education and Economic Dominance

Authors

Daniil Kashkarov, University of Economics, PragueFollow

Abstract

The paper examines the role of national education in achieving leading positions in global economic relations. Theoretical part uses stock of knowledge accumulated by scholars in the sphere related to human capital. Empirical part uses logistic regressions in order to test for relationship between global economic dominance and national education. Membership in the G20 is used in the models as a dependent categorical variable indicating the fact of the worldwide leadership. The models indicate that human capital and its educational part have statistically significant influence on the probability of becoming worldwide economic leader.

Recommended Citation

Kashkarov, Daniil (2016) "Education and Economic Dominance," Undergraduate Economic Review: Vol. 13: Iss. 1, Article 9.
Available at: https://digitalcommons.iwu.edu/uer/vol13/iss1/9