Public vs private schooling in an endogenous growth model
AbstractI present an overlapping generations model, with formal education as the engine of growth, close to Glomm and Ravikumar (1992). Contrary to Glomm and Ravikumar, I show that public schooling, when compared to a private system, may stimulate economic growth.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 9 (2005)
Issue (Month): 10 ()
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Find related papers by JEL classification:
- I2 - Health, Education, and Welfare - - Education
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Galor, Oded & Zeira, Joseph, 1988.
"Income Distribution and Macroeconomics,"
51644, University Library of Munich, Germany, revised 01 Sep 1989.
- Glomm, Gerhard & Ravikumar, B, 1992. "Public versus Private Investment in Human Capital Endogenous Growth and Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 818-34, August.
- Braeuninger, M. & Vidal, J.-P., 1999.
"Private Versus Public Financing of Education and Endogenous Growth,"
99a11, Universite Aix-Marseille III.
- Jean-Pierre Vidal & Michael Bräuninger, 2000. "Private versus public financing of education and endogenous growth," Journal of Population Economics, Springer, vol. 13(3), pages 387-401.
- Zhang, Jie, 1996. " Optimal Public Investments in Education and Endogenous Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 98(3), pages 387-404.
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