Logo
Munich Personal RePEc Archive

Government bias in education, schooling attainment and growth

Basu, Parantap and Bhattarai, Keshab (2011): Government bias in education, schooling attainment and growth.

[thumbnail of MPRA_paper_31791.pdf]
Preview
PDF
MPRA_paper_31791.pdf

Download (149kB) | Preview

Abstract

A surprising cross country stylized fact is that a higher public spending on education tends to lower the long run per capita growth rate and schooling returns. This is contrary to the conventional wisdom that education is a major driver of growth. In this paper, we revisit this issue and try to understand these puzzling facts in terms of an endogenous growth model. Our cross country calibration of the growth model predicts that countries with a greater government involvement in education experience lower schooling efforts and lower growth.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.