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has been cited by the following article:

• TITLE: Education and Economic Development: An Empirical Analysis for Greece

  AUTHORS: Antonios Adamopoulos

  KEYWORDS: Education, Economic Development, Monte Carlo Simulation, Granger Causality

  JOURNAL NAME: Theoretical Economics Letters, Vol.13 No.7, December 28, 2023

  ABSTRACT: This paper inquires the interrelation between education and economic development for Greece taking into consideration the impact of employment, productivity and technology. Sensitivity analysis scrutinizes the nexus between education and development applying the Monte Carlo simulation process. The results of the empirical research indicated that education affects positively economic development in Greece for the period 2000-2019.