Does Education at All Levels Cause Growth? India, a Case Study

Overview & Synopsis

This paper seeks to examine the impact of education on income growth in India for the time period 1966-1996. Education is broken down into the categories of primary, secondary, and tertiary. Time series techniques are used to determine whether education, for each category, has a causal impact on growth. Furthermore, the education variables are also broken down by gender and analysis is carried out to determine whether the causal results vary by gender. The results indicate that primary education has a strong causal impact on growth, with more limited evidence of such an impact for secondary education. Finally, the evidence is quite compelling that it is female education at all levels, that has potential for generating economic growth.