Has the Expansion of Higher Education Led to Greater Economic Growth?

@article{Holmes2013HasTE,
  title={Has the Expansion of Higher Education Led to Greater Economic Growth?},
  author={Craig Holmes},
  journal={National Institute Economic Review},
  year={2013},
  volume={224},
  pages={R29 - R47}
}
  • Craig Holmes
  • Published 28 April 2013
  • Education, Economics
  • National Institute Economic Review
There is an enduring belief by UK policymakers that a large higher education sector is an important driver of long-run economic growth, which has been part of the narrative since the Robbins Report. Back then, there was plenty of conjecture and assumption, but strikingly little concrete evidence to support such a belief. This paper asks whether the evidence base has strengthened in the 50 years since it was published. It looks at a number of different growth equation specifications and, using… 

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