Croissance et formation : le rôle de la politique éducative
AbstractGrowth and Training: The Role of Education Policies, by Eve Caroli. This paper proposes a preliminary approach to the relation between growth and training policies. We use an extended version of the 1988 R. Lucas model, which was one of the first attempts at making human capital endogenous in a growth model. Our hypothesis is that the productivity of average per-capita training time - in terms of human capital growth rates - is not independent of the characteristics of the education system. We posit that it is an increasing, yet saturating, function of the training rate, which here is the exogenous variable in the education policy. Correlatively, the production function expression takes account of the fact that trainers represent so many staff less in the final production sector. The solving of the model shows that the economy's growth rate is an increasing and then decreasing function of the training rate all the way down the balanced growth path. This means that beyond a certain threshold, the increase in the training rate is counterproductive for growth. There thus exists an optimal training policy. This policy varies with the efficiency of the teachers. It is concluded that the lower the quality of the training staff and/or the poorer the teaching conditions, the lower the maximum growth rate able to be attained by the economy.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Paris Dauphine University in its series Economics Papers from University Paris Dauphine with number 123456789/10087.
Date of creation: 1994
Date of revision:
Publication status: Published in Economie et Prévision, 1994, Vol. 116. pp. 49-61.Length: 12 pages
Éducation; développement économique;
Other versions of this item:
- Eve Caroli, 1994. "Croissance et formation : le rôle de la politique éducative," Économie et Prévision, Programme National Persée, vol. 116(5), pages 49-61.
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- I28 - Health, Education, and Welfare - - Education - - - Government Policy
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.:
- Sergio T. Rebelo, 1990.
"Long Run Policy Analysis and Long Run Growth,"
NBER Working Papers
3325, National Bureau of Economic Research, Inc.
- N. Gregory Mankiw & David Romer & David N. Weil, 1990.
"A Contribution to the Empirics of Economic Growth,"
NBER Working Papers
3541, National Bureau of Economic Research, Inc.
- Hanushek, Eric A, 1986. "The Economics of Schooling: Production and Efficiency in Public Schools," Journal of Economic Literature, American Economic Association, vol. 24(3), pages 1141-77, September.
- David Card & Alan Krueger, 1990.
"Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States,"
645, Princeton University, Department of Economics, Industrial Relations Section..
- Card, David & Krueger, Alan B, 1992. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 1-40, February.
- David Card & Alan Krueger, 1990. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," NBER Working Papers 3358, National Bureau of Economic Research, Inc.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
- bouoiyour, jamal, 2000.
"Relation éducation croissance économique au Maroc Long terme ou court terme?
[Education and Economic Growth in Morocco: short-term or long term relationship?]," MPRA Paper 29162, University Library of Munich, Germany.
- de Meulemeester, Jean-Luc & Rochat, Denis, 1995.
"A causality analysis of the link between higher education and economic development,"
Economics of Education Review,
Elsevier, vol. 14(4), pages 351-361, December.
- Jean Luc De Meulemeester & Denis Rochat, 1995. "A causality analysis of the link between higher education and economic development," ULB Institutional Repository 2013/1573, ULB -- Universite Libre de Bruxelles.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexandre Faure).
If references are entirely missing, you can add them using this form.