We investigate the link between hospital performance and managerial education by collecting a large database of … offering both medical education and business education have higher management quality, more MBA trained managers and lower … mortality rates. This is true compared to the distance to universities that offer only business or medical education (or neither …

The idea of positive educational externalities is that the benefits of individually acquired education may not be … still largely divided on whether the stock of education affects the long-run level or growth rate of the economy. A one …-year increase in average education is found to raise the level of output per capita by between 3 and 6 percent according to …