THE ECONOMIC CATALYST: UNVEILING THE POSITIVE IMPACT OF EDUCATIONAL INVESTMENT ON NATIONAL ECONOMIES

Authors

  • Kamoliddin Siddiqov Qobuljon’s son Student of Presidential school

Keywords:

education , development , economy , investment , economic growth

Abstract

This comprehensive journal article aims to delve deeper into the multifaceted positive outcomes arising from strategic investments in education on national economies. By examining the intricate interplay between education, workforce development, innovation, entrepreneurship, and poverty reduction, this extended analysis seeks to provide a nuanced understanding of the economic benefits derived from prioritizing educational investments. Drawing on an extensive body of research and empirical evidence, the article endeavors to make a compelling case for nations to view education not only as a social responsibility but also as a potent driver of sustained economic growth.

References

Hanushek, E. A., & Woessmann, L. (2015). The Knowledge Capital of Nations: Education and the Economics of Growth. MIT Press.

Mincer, J. (1974). Schooling, Experience, and Earnings. Columbia University Press.

Krueger, A. B., & Lindahl, M. (2001). Education for Growth: Why and For Whom? Journal of Economic Literature, 39(4), 1101-1136.

Autor, D. H., Levy, F., & Murnane, R. J. (2017). The Skill Content of Recent Technological Change: An Empirical Exploration. The Quarterly Journal of Economics, 132(4), 1803-1847.

Psacharopoulos, G., & Patrinos, H. A. (2018). Returns to Investment in Education: A Decennial Review of the Global Literature. Education Economics, 26(5), 445-458.

World Intellectual Property Organization (WIPO). (2022). Global Innovation Index.

Acemoglu, D., & Autor, D. H. (2011). Skills, Tasks and Technologies: Implications for Employment and Earnings. Handbook of Labor Economics, 4, 1043-1171.

Jaffe, A. B., Trajtenberg, M., & Henderson, R. (1993). Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations. The Quarterly Journal of Economics, 108(3), 577-598.

Audretsch, D. B., & Keilbach, M. (2004). Entrepreneurship capital and economic performance. Regional Studies, 38(8), 949-959.

Shane, S. (2009). Why encouraging more people to become entrepreneurs is bad public policy. Small Business Economics, 33(2), 141-149.

Guerrero, M., Rialp, A., & Urbano, D. (2008). The impact of desirability and feasibility on entrepreneurial intentions: A structural equation model. International Entrepreneurship and Management Journal, 4(1), 35-50.

Etzkowitz, H., & Leydesdorff, L. (2000). The Dynamics of Innovation: From National Systems and "Mode 2" to a Triple Helix of University–Industry–Government Relations. Research Policy, 29(2), 109-123.

Heckman, J. J., Pinto, R., & Savelyev, P. A. (2010). Understanding the Mechanisms through Which an Influential Early Childhood Program Boosted Adult Outcomes. American Economic Review, 100(2), 206-210.

Angrist, J. D., & Krueger, A. B. (1991). Does Compulsory School Attendance Affect Schooling and Earnings? The Quarterly Journal of Economics, 106(4), 979-1014.

Card, D. (1999). The Causal Effect of Education on Earnings. Handbook of Labor Economics, 3, 1801-1863.

Duflo, E., Dupas, P., & Kremer, M. (2015). Education, HIV, and Early Fertility: Experimental Evidence from Kenya. American Economic Review, 105(9), 2757-2797.

Frey, C. B., & Osborne, M. A. (2017). The Future of Employment: How Susceptible Are Jobs to Computerization? Technological Forecasting and Social Change, 114, 254-280.

Downloads

Published

2024-01-03