English Language and Economic Growth: Cross-Country Empirical Evidence

LEE, Chew Ging (2012) English Language and Economic Growth: Cross-Country Empirical Evidence. Journal of Economic and Social Studies, 2 (1). pp. 5-20. ISSN 1986 – 8502

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Abstract

This paper addresses the effect of English proficiency on economic growth empirically with Barro-type cross-sectional growth regression. The empirical results provide evidence of positive correlation between initial English proficiency and economic growth only for the countries in the Asia and Europe. Therefore, countries with higher levels of English proficiency among the fraction of its population are likely to grow faster. This paper suggests that the ability to absorb knowledge is positively related to the level of English proficiency. It implies that the level of English proficiency can be viewed as a component of human capital.

Item Type: Article
Uncontrolled Keywords: English Language, Economic Growth
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Divisions: Faculty of Economics > Management Department
Depositing User: Mr. Ibrahim Kinal
Date Deposited: 25 Jun 2012 08:10
Last Modified: 31 Jan 2013 10:22
URI: http://eprints.ibu.edu.ba/id/eprint/1063

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