IDEAS home Printed from https://ideas.repec.org/a/taf/oxdevs/v39y2011i1p25-47.html
   My bibliography  Save this article

Human Capital and the Quality of Education in a Poverty Trap Model

Author

Listed:
  • Maria Emma Santos

Abstract

This paper presents a model of a poverty trap that is caused by an unequal initial income and human capital distribution and differences in the quality of education between children from more and less advantaged social sectors. Under certain conditions, the economy converges to a situation with three stable and simultaneous equilibria, two of which constitute poverty traps, lowering the economy's current and steady-state aggregate output level as well as its growth rate. The model suggests that a policy oriented towards equalizing the quality of education would, in the long run, have the potential to reduce initial inequalities.

Suggested Citation

  • Maria Emma Santos, 2011. "Human Capital and the Quality of Education in a Poverty Trap Model," Oxford Development Studies, Taylor & Francis Journals, vol. 39(1), pages 25-47.
  • Handle: RePEc:taf:oxdevs:v:39:y:2011:i:1:p:25-47
    DOI: 10.1080/13600818.2010.551003
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/13600818.2010.551003
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/13600818.2010.551003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Santos, María Emma, 2019. "Non-monetary indicators to monitor SDG targets 1.2 and 1.4: standards, availability, comparability and quality," Estudios Estadísticos 44452, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. John K. Pattison‐Williams & Philippe Marcoul & Sandeep Mohapatra, 2023. "Intrahousehold moral hazard frictions and household poverty traps in rural India," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(1), pages 67-96, January.
    3. Rossana Patron, 2014. "On the institutional limits to human capital," Investigaciones de Economía de la Educación volume 9, in: Adela García Aracil & Isabel Neira Gómez (ed.), Investigaciones de Economía de la Educación 9, edition 1, volume 9, chapter 45, pages 867-878, Asociación de Economía de la Educación.
    4. Hernando Grueso, 2024. "Heterogeneous effects of violence on student achievement: Evidence from Colombia," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(2), pages 1536-1569, March.
    5. Raluca Iorgulescu, 2015. "Human Capital, The Digital Divide, And The Possible Connection To The Flow-Fund Analysis Of Socioeconomic Metabolism," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 5-16, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oxdevs:v:39:y:2011:i:1:p:25-47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CODS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.