English, Article, Journal or magazine article edition: Education Funding and Regional Convergence de la Croix, David; Monfort, Philippe

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Bookmark: http://trove.nla.gov.au/version/3997
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Education Funding and Regional Convergence
Author
  • de la Croix, David
  • Monfort, Philippe
Physical Description
  • preprint
Notes
  • The aim of this paper is to discuss the process of regional convergence within the framework of an overlapping generations model in which the engine of growth is the accumulation of human capital. In particular, we consider different education funding systems and compare their performance in terms of growth rates and pace of convergence between two heterogeneous regions. The analysis suggests that the choice of a particular education system incorporates a possible trade-off between long run growth rate and short run convergence. In such choice, the initial capital stock and the extent of regional human capital discrepancy appear as central variables.
  • Altruism; education; growth; convergence; capital mobility
  • RePEc:ctl:louvir:1999010
Language
  • English
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