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Public vs private schooling in an endogenous growth model

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  • Luís Aguiar-Conraria

    ()
    (NIPE, Universidade do Minho and Cornell University)

Abstract

I 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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File URL: http://www.accessecon.com/pubs/EB/2005/Volume9/EB-05I20026A.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 9 (2005)
Issue (Month): 10 ()
Pages: 1-6

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Handle: RePEc:ebl:ecbull:eb-05i20026

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  1. Peter Gottschalk & Timothy M. Smeeding, 1997. "Cross-National Comparisons of Earnings and Income Inequality," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 633-687, June.
  2. Braeuninger, M. & Vidal, J.-P., 1999. "Private Versus Public Financing of Education and Endogenous Growth," G.R.E.Q.A.M. 99a11, Universite Aix-Marseille III.
  3. Oded Galor & Joseph Zeira, 2013. "Income Distribution and Macroeconomics," Working Papers 2013-12, Brown University, Department of Economics.
  4. Zhang, Jie, 1996. " Optimal Public Investments in Education and Endogenous Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 98(3), pages 387-404.
  5. 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.
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Cited by:
  1. Christian Ferreda & Matías Tapia, 2010. "Redistributive Taxation, Incentives, and the Intertemporal Evolution of Human Capital," Documentos de Trabajo 390, Instituto de Economia. Pontificia Universidad Católica de Chile..

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