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Productivity vs. share of tertiary schooling, 1950 to 2010

Figure illustrates the share of tertiary schooling; defined as the share of children with post-secondary education, versus productivity (GDP per hour worked).

Share of tertiary schooling (Lee-Lee (2016))10%20%30%40%50%60%Productivity(GDPperhourworked)ChinaChinaIndiaIndiaUnited StatesUnited StatesRussiaRussiaJapanJapanMexicoMexicoPhilippinesPhilippinesThailandThailandUnited KingdomUnited KingdomSouth KoreaSouth KoreaTaiwanTaiwanUruguayUruguayIcelandIcelandAfricaAsiaEuropeNorth AmericaOceaniaSouth America19502010

Source: Feenstra et al. (2015) Penn World Tables 9.1, Lee and Lee (2016), Population (Gapminder, HYDE(2016) & UN (2019))