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 Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

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: AchemAsia 2019 will take place in Shanghai

Moving into its fourth decade, AchemAsia is setting out for new horizons: The International Expo and Innovation Forum for Sustainable Chemical Production will take place from 21-23 May 2019 in Shanghai, China. With an updated event profile, the eleventh edition focusses on topics that are especially relevant for the Chinese process industry, putting a strong emphasis on sustainability and innovation.

Founded in 1989 as a spin-off of ACHEMA to cater to the needs of China’s then developing industry, AchemAsia has since grown into a platform where the latest...

Im Focus: First real-time test of Li-Fi utilization for the industrial Internet of Things

The BMBF-funded OWICELLS project was successfully completed with a final presentation at the BMW plant in Munich. The presentation demonstrated a Li-Fi communication with a mobile robot, while the robot carried out usual production processes (welding, moving and testing parts) in a 5x5m² production cell. The robust, optical wireless transmission is based on spatial diversity; in other words, data is sent and received simultaneously by several LEDs and several photodiodes. The system can transmit data at more than 100 Mbit/s and five milliseconds latency.

Modern production technologies in the automobile industry must become more flexible in order to fulfil individual customer requirements.

Im Focus: Sharp images with flexible fibers

An international team of scientists has discovered a new way to transfer image information through multimodal fibers with almost no distortion - even if the fiber is bent. The results of the study, to which scientist from the Leibniz-Institute of Photonic Technology Jena (Leibniz IPHT) contributed, were published on 6thJune in the highly-cited journal Physical Review Letters.

Endoscopes allow doctors to see into a patient’s body like through a keyhole. Typically, the images are transmitted via a bundle of several hundreds of optical...

Im Focus: Photoexcited graphene puzzle solved

A boost for graphene-based light detectors

Light detection and control lies at the heart of many modern device applications, such as smartphone cameras. Using graphene as a light-sensitive material for...

Im Focus: Water is not the same as water

Water molecules exist in two different forms with almost identical physical properties. For the first time, researchers have succeeded in separating the two forms to show that they can exhibit different chemical reactivities. These results were reported by researchers from the University of Basel and their colleagues in Hamburg in the scientific journal Nature Communications.

From a chemical perspective, water is a molecule in which a single oxygen atom is linked to two hydrogen atoms. It is less well known that water exists in two...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Munich conference on asteroid detection, tracking and defense

13.06.2018 | Event News

2nd International Baltic Earth Conference in Denmark: “The Baltic Sea region in Transition”

08.06.2018 | Event News

ISEKI_Food 2018: Conference with Holistic View of Food Production

05.06.2018 | Event News

 
Latest News

Novel method for investigating pore geometry in rocks

18.06.2018 | Earth Sciences

Diamond watch components

18.06.2018 | Process Engineering

New type of photosynthesis discovered

18.06.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>