This study explores the impact of higher education on growth in 11 new EU members over the period 2000–2016 using an augmented MRW‐type model which takes into account the quality of education and vertical mismatch. More precisely, it tests whether the accelerating increase of college graduates causes an oversupply of educated labour which, in turn, extends the qualification mismatch and adversely affects growth of per capita income. We find that an increase of the most educated labour force does not per se lead to a higher growth rate. The impact of human capital becomes positive and statistically significant only if graduates with occupations requiring tertiary education are considered in the model. In addition, the econometric outcome implies that the extent of skill mismatch is determined primarily by the rising female population with college education and the gross value added of trade‐related services.

中文翻译：

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如何解释高等教育对增长的负面影响？垂直资格（mis）匹配在MRW类型模型中的作用

这项研究使用增强的MRW类型模型探讨了高等教育对11个新欧盟成员国增长的影响，该模型考虑了教育质量和纵向错配。更准确地说，它测试了大学毕业生的加速增长是否会导致受过教育的劳动力供过于求，进而导致资格不匹配的扩大，并对人均收入的增长产生不利影响。我们发现受教育程度最高的劳动力本身并没有增加导致更高的增长率。只有在模型中考虑了需要高等教育的职业的毕业生，人力资本的影响才具有积极意义并具有统计意义。此外，计量经济学的结果表明，技能不匹配的程度主要取决于受过大学教育的女性人数的增长以及与贸易有关的服务的总增加值。