Please use this identifier to cite or link to this item: https://hdl.handle.net/1822/13029

TitleMeasurement error in education and growth regressions
Author(s)Portela, Miguel
Alessie, Rob
Teulings, Coen
KeywordsGrowth regressions
Education
Perpetual inventory method
Systematic measurement error
I2
O4
Issue dateSep-2010
PublisherWiley
JournalThe Scandinavian Journal of Economics
Abstract(s)The use of the perpetual inventory method for the construction of education data per country leads to systematic measurement error. This paper analyzes its effect on growth regressions. We suggest a methodology for correcting this 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 this is the case.
TypeArticle
URIhttps://hdl.handle.net/1822/13029
DOI10.1111/j.1467-9442.2010.01613.x
ISSN0347-0520
Publisher versionhttp://onlinelibrary.wiley.com/doi/10.1111/j.1467-9442.2010.01613.x/abstract
Peer-Reviewedyes
AccessRestricted access (UMinho)
Appears in Collections:NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica

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