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Public vs private schooling in an endogenous growth model

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Author Info
Luís Aguiar-Conraria () (NIPE, Universidade do Minho and Cornell University)

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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://economicsbulletin.vanderbilt.edu/2005/volume9/EB-05I20026A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 9 (2005)
Issue (Month): 10 ()
Pages: 1-6
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:9:y:2005:i:10:p:1-6

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Related research
Keywords: Altruism; Education; Endogenous growth; Private education; Public education;

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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

References listed on IDEAS
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.:

  1. Galor, Oded & Zeira, Joseph, 1993. "Income Distribution and Macroeconomics," Review of Economic Studies, Blackwell Publishing, vol. 60(1), pages 35-52, January. [Downloadable!] (restricted)
  2. 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. [Downloadable!] (restricted)
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  3. 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 813-34, August.
  4. Zhang, Jie, 1996. " Optimal Public Investments in Education and Endogenous Growth," Scandinavian Journal of Economics, Blackwell Publishing, vol. 98(3), pages 387-404.
  5. 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. [Downloadable!] (restricted)
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This page was last updated on 2009-12-12.

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