Arbeitspapier

The Political Economy of Educational Content and Development: Lessons from History

Beyond years of schooling, educational content can play an important role in the process of economic development. Individuals' choices of educational content are often shaped by the political economy of government policies that determine the incentives to acquire various skills. We first present a model in which differences in human capital investments emerge as an equilibrium outcome of private decisions and government policy choices. We then illustrate these dynamics in two historical circumstances. In medieval Europe, states and the Church found individuals trained in Roman law valuable, and eventually supported productive investments in this new form of human capital. In late 19th-century China, elites were threatened by the introduction of Western science and engineering and continued to select civil servants who enjoyed substantial rents based on their knowledge of the Confucian classics; as a result, investments in productive, modern human capital were not made.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 4221

Klassifikation
Wirtschaft
Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: General, International, or Comparative
Education and Economic Development
Macroeconomic Analyses of Economic Development
Institutions and Growth
Thema
educational content
educational institutions
political economy
development

Ereignis
Geistige Schöpfung
(wer)
Cantoni, Davide
Yuchtman, Noam
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Cantoni, Davide
  • Yuchtman, Noam
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2013

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