The EFA Development Index and Per Capita GDP: A Quantile Regression Approach in A Cross-Section of 123 Countries for Year 2007

• Sadequl Islam ^[1]
  1. [1] . Laurentian University, Sudbury, Ontario, Canada
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 13, Nº. 1, 2013, págs. 5-10
• Idioma: inglés
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• Resumen

  • Using cross-section data of 123 countries for 2007, this paper examines the relationship between per capita GDP and the Education Development Index and its four components . The paper primarily uses the quantile regression method. The regression results show that the effect of per capita GDP varies across different quantiles with a higher effect for quantile .10. The results further reveal that the elasticity of the adult literacy rate and the elasticity of the survival rate to Grade 5 with respect to per capita GDP are significantly higher than elasticities of the net enrolment ratio and the Gender-Specific EFA Index