Page 9 - Education and Inclusive Growth --Jong-Wha Lee Korea University
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Education and Inclusive Growthc155
Change in Education Gini Coefficient, 1980-2015
Change in Years of Schooling, 1980-2015
Figure 4. Change in the Educational Attainment and Education Gini
Coefficients from 1980 to 2015
However, despite improvement in educational inequality and attainment,
economic growth has declined with widening income inequality in many
countries in recent decades. This contrasts to our expectation that an increases
in the average educational attainment and educational equality tend to improve
both income growth and distribution. This trend is puzzling. There must be other
important contributing factors of economic growth and income distribution,
such as technological development and international trade. Hence, assessing
their roles are essential to identifying the exact contribution of education to
growth and distribution.
