skip to content

Faculty of Economics

Journal Cover

Portela, M., Alessie, R.J.M. and Teulings, C.N.

Measurement error in education and growth regressions.

The Scandinavian Journal of Economics

Vol. 112(3) pp. 618–639 (2010)

Abstract: The use of the perpetual inventory method for the construction of education data per country leads to systematic measurement error. This paper analyzes its effect on growth regressions. We suggest a methodology for correcting this error. The standard attenuation bias suggests that using these corrected data would lead to a higher coefficient. Our regressions reveal the opposite. We discuss why this is the case.

JEL Codes: I20, O40

Author links:

Publisher's Link: http://onlinelibrary.wiley.com/doi/10.1111/j.1467-9442.2010.01613.x/abstract



Papers and Publications



Recent Publications


Carvalho, V. M., Nirei, M., Saito, Y. U. and Tahbaz-Salehi, A. Supply Chain Disruptions: Evidence from the Great East Japan Earthquake Quarterly Journal of Economics, forthcoming [2021]

Carvalho, V. M. and Grassi, B. Large Firm Dynamics and the Business Cycle American Economic Review [2019]

Aidt, T. S., Asatryan, Z., Badalyan, L. and Heinemann, F. Vote Buying or (Political) Business (Cycles) as Usual? Review of Economics and Statistics [2020]

Acconcia, A., Corsetti, G. and Simonelli, S. Liquidity and Consumption: Evidence from Three Post-earthquake Reconstruction Programs in Italy American Economic Journal: Macroeconomics [2020]