G2TT
来源类型Discussion paper
规范类型论文
来源IDDP613
DP613 Education, Democracy and Growth
Gilles Saint-Paul; Thierry Verdier
发表日期1992-01-30
出版年1992
语种英语
摘要This paper constructs a model where redistribution, determined by a political equilibrium, is in the form of public education. Public education is favourable for growth because it increases the level of human capital and at the same time it tends to produce a more even income distribution. The model is solved in the presence or absence of distortionary taxation. The main results are that for a given structure of political rights, more inequality may be good for growth if it implies more political support for education; increased political rights are good for growth and also imply a more equal income distribution; growth and inequality tend to decrease along the convergence path in the absence of political or distributional shocks. If distortions are important, these results may be qualified and one may obtain a hump-shaped relation between inequality and growth.
主题International Macroeconomics
关键词Democracy Education Growth Human capital Political economy Redistribution
URLhttps://cepr.org/publications/dp613
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529774
推荐引用方式
GB/T 7714
Gilles Saint-Paul,Thierry Verdier. DP613 Education, Democracy and Growth. 1992.
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