In this paper we ask what the gain in GDP per capita could be if the public money available for education were used according to best practice across the EU. We provide a quantitative measure based on a ‘back-of-the-envelope’ calculation combining two different estimates from the literature.
Peter Voigt, Anna Thum-Thysen and Wouter Simons. European Commission
Information and identifiers
Economic Brief 056. July 2020. Brussels. PDF. 18pp. Tab. Graph. Bibliogr. Free.
ISBN 978-92-79-77385-3 (online)
ISSN 2443-8022 (online)
JEL classification: I21, I26, I28, H52
European Economy Economic Briefs are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.