Public education, technological change and economic prosperity

Arbeitspapier

We introduce publicly funded education in R&D-based economic growth theory. The framework allows us to i) incorporate a realistic process of human capital accumulation for industrialized countries, ii) reconcile R&D-based growth theory with the empirical evidence on the relationship between economic prosperity and population growth, iii) revise the policy invariance result of semi-endogenous growth frameworks, and iv) show that the transitional effects of an education reform tend to be qualitatively different from its long-run impact.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: cege Discussion Papers ; No. 149

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Education and Economic Development ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Macroeconomic Analyses of Economic Development ; Innovation and Invention: Processes and Incentives ; One, Two, and Multisector Growth Models
• Thema: human capital accumulation ; technological progress ; scale-free economic growth ; public education policy ; Bildungspolitik ; Bildungsinvestition ; Forschung ; Neue Wachstumstheorie ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Prettner, Klaus
• Ereignis: Veröffentlichung
• (wer): University of Göttingen, Center for European, Governance and Economic Development Research (cege)
• (wo): Göttingen
• (wann): 2013

Weitere Informationen

• Handle: http://hdl.handle.net/10419/70199
• Letzte Aktualisierung: 04.09.0006, 07:44 MEZ