Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Does student achievement really spur national economic growth?

22.11.2006
Educational policy discourse supports the idea that increases in science and mathematics achievement correlate to nation-wide economic gains.

However, a thought-provoking new study from the American Journal of Education challenges the perceived causal links between educational achievement and economic growth.

Francisco O. Ramirez (Stanford University) and his co-authors find that without the so-called "Asian Tigers," the correlation diminishes and all but disappears.

"This is a striking finding that calls into question the disproportionate attention (and envy) focused on those few countries with the very highest achievement scores," write the authors. "It is clear that education and its reforms are everywhere seen in light of their supposed economic effects. It is also clear that the areas of education given the most attention as relevant to economic goals have been science and mathematics, the new keys to economic growth."

Comparing national GDP data with international standardized test scores over two twenty-year periods (1970-1990 and 1980-2000), the researchers found that countries with high science and math scores do tend to grow somewhat more rapidly than other countries – but not when Hong Kong, Singapore, South Korea, and Taiwan are removed from the analysis, or in an analysis of the last two decades. Additionally, "Moving from the 'middle of the pack' to the top provides less of an economic boost," the authors write.

They continue: "The results run contrary to the expectation that the student achievement effect would be stronger in more educationally developed countries."

Surprisingly, growth was also higher in countries with lower levels of enrollment. The researchers suggest that regimes making a push for development might also emphasize disciplined student achievement.

Suzanne Wu | EurekAlert!
Further information:
http://www.uchicago.edu

More articles from Business and Finance:

nachricht Preferential trade agreements enhance global trade at the expense of its resilience
17.02.2017 | International Institute for Applied Systems Analysis (IIASA)

nachricht How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Breakthrough with a chain of gold atoms

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

Im Focus: DNA repair: a new letter in the cell alphabet

Results reveal how discoveries may be hidden in scientific “blind spots”

Cells need to repair damaged DNA in our genes to prevent the development of cancer and other diseases. Our cells therefore activate and send “repair-proteins”...

Im Focus: Dresdner scientists print tomorrow’s world

The Fraunhofer IWS Dresden and Technische Universität Dresden inaugurated their jointly operated Center for Additive Manufacturing Dresden (AMCD) with a festive ceremony on February 7, 2017. Scientists from various disciplines perform research on materials, additive manufacturing processes and innovative technologies, which build up components in a layer by layer process. This technology opens up new horizons for component design and combinations of functions. For example during fabrication, electrical conductors and sensors are already able to be additively manufactured into components. They provide information about stress conditions of a product during operation.

The 3D-printing technology, or additive manufacturing as it is often called, has long made the step out of scientific research laboratories into industrial...

Im Focus: Mimicking nature's cellular architectures via 3-D printing

Research offers new level of control over the structure of 3-D printed materials

Nature does amazing things with limited design materials. Grass, for example, can support its own weight, resist strong wind loads, and recover after being...

Im Focus: Three Magnetic States for Each Hole

Nanometer-scale magnetic perforated grids could create new possibilities for computing. Together with international colleagues, scientists from the Helmholtz Zentrum Dresden-Rossendorf (HZDR) have shown how a cobalt grid can be reliably programmed at room temperature. In addition they discovered that for every hole ("antidot") three magnetic states can be configured. The results have been published in the journal "Scientific Reports".

Physicist Dr. Rantej Bali from the HZDR, together with scientists from Singapore and Australia, designed a special grid structure in a thin layer of cobalt in...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Booth and panel discussion – The Lindau Nobel Laureate Meetings at the AAAS 2017 Annual Meeting

13.02.2017 | Event News

Complex Loading versus Hidden Reserves

10.02.2017 | Event News

International Conference on Crystal Growth in Freiburg

09.02.2017 | Event News

 
Latest News

Biocompatible 3-D tracking system has potential to improve robot-assisted surgery

17.02.2017 | Medical Engineering

Real-time MRI analysis powered by supercomputers

17.02.2017 | Medical Engineering

Antibiotic effective against drug-resistant bacteria in pediatric skin infections

17.02.2017 | Health and Medicine

VideoLinks
B2B-VideoLinks
More VideoLinks >>>