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The Legacy of U.S. Educational Leadership: Notes on Distribution and Economic Growth in the 20th Century
- Source :
- American Economic Review. 91:18-23
- Publication Year :
- 2001
- Publisher :
- American Economic Association, 2001.
-
Abstract
- The United States led all rich and industrialized countries in the establishment of mass secondary and higher education, and it led all in Europe by at least several decades for much of the 20th century. The U.S. advantage in the schooling of its young produced, by midcentury, large differences between the educational stock of its labor force and that of other rich countries, a result that would hardly be surprising except for the fact that the United States had absorbed millions of less-educated immigrants. Only in recent decades have many rich countries caught up to, and even exceeded, the United States in years of education for young persons. At the same time that the United States led the world in mass education in the 20th century, it rapidly expanded its economic lead. No single factor can account for the economic dominance of the United States in the 20th century, and most of the favored explanations, be they rooted in technological, institutional, or natural resource factors, are complementary ones. Despite that admonition, it would appear logical that part, possibly a major part, of the economic
- Subjects :
- Economics and Econometrics
Higher education
business.industry
media_common.quotation_subject
Single factor
Immigration
jel:D23
jel:I21
Natural resource
jel:E24
jel:L22
jel:J24
Educational leadership
Development economics
Unemployment
Economics
jel:O47
business
Developed country
Stock (geology)
media_common
Subjects
Details
- ISSN :
- 00028282
- Volume :
- 91
- Database :
- OpenAIRE
- Journal :
- American Economic Review
- Accession number :
- edsair.doi.dedup.....263687d8408c5f180173711046376fe3
- Full Text :
- https://doi.org/10.1257/aer.91.2.18