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Public education and growth: cost-effectiveness of educational policies in developing countries

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Author Info

  • Rossana Patrón

    (Departmento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

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    Abstract

    The paper analyses the short and long term effects of education activities for an open economy, linking current costs to future benefits of alternative educational policies. The simulations find that growth effects are higher for those policies that reduce the internal inefficiency of the education sector thus improving the productivity of public expenditure. The analysis has implications for policymakers in developing countries like Uruguay with failing educational systems, as it suggests a relation between cost effectiveness of policies and growth and not a relation between enrolments and growth or between public expenditure in education and growth as it is usually tested in growth regressions.

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    File URL: http://decon.edu.uy/publica/2005/Doc1505.pdf
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    Bibliographic Info

    Paper provided by Department of Economics - dECON in its series Documentos de Trabajo (working papers) with number 1505.

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    Length: 27 pages
    Date of creation: Oct 2005
    Date of revision:
    Handle: RePEc:ude:wpaper:1505

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    Keywords: public education; growth; developing countries;

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