Higher Education and Economic Growth

✍ Scribed by William E. Becker, Darrell R. Lewis (auth.), William E. Becker, Darrell R. Lewis (eds.)

Publisher: Springer Netherlands
Year: 1993
Tongue: English
Leaves: 187
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

After decades of effortless growth and prosperity, America's postsecondary institutions of education have come under increasing financial stress and waning public support. In part, this stress reflects a slowdown in the real rate of national economic growth and the loss of federal and state revenues for education generally. It also reflects a trend of state legislatures simply giving higher education an ever lower ranking on the list of funding priorities. Postsecondary educational institutions in the United States will continue to face increasing financial stress and waning public support as critics question the contribution of higher education to economic growth, which historically has been a major rationale for funding. Unless the trends in education financing can be changed, higher edu cation can be expected to stagnate. What, if anything, can be done? As a starting point, advocates of higher education need to more fully recognize the important ways in which higher education influences technological change and also is influenced by that change. As demonstrated by the chapters in this book, higher education is not a neutral or passive player in economic growth. This volume addresses topics related to the role of postsecondary education in national economic development within the United States.

✦ Table of Contents

Front Matter....Pages i-x
Preview of Higher Education and Economic Growth....Pages 1-20
Higher Education and Economic Growth....Pages 21-50
Higher Education, Economic Growth, and Earnings....Pages 51-85
Is Public Education Productive?....Pages 87-104
The Contribution of Higher Education to R&D and Productivity Growth....Pages 105-127
The Effects of Higher Education on Unemployment Rates....Pages 129-143
Quality of Higher Education and Economic Growth in the United States....Pages 145-161
Higher Education, Business Creation, and Economic Growth in the American States....Pages 163-176
Back Matter....Pages 177-182

✦ Subjects

Macroeconomics/Monetary Economics; Education (general); Economic Policy; Economic Growth

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