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This article reviews the current state of research on education externalities. It finds that much of the confusion …', and 'knowledge' need to be distinguished for a better understanding. Whereas pure teaching yields externalities on the … private and social returns to education, are unsuitable to substantiate the existence of externalities. As a consequence …
Persistent link: https://www.econbiz.de/10005837489
This article critically evaluates the current state of research on education externalities. It occurs that much of the … distinguishes the concepts education, teaching, and knowledge. Whereas pure teaching yields externalities on the primary and … returns to education, are unsuitable to substantiate the existence of externalities. As a consequence, subsidies to tertiary …
Persistent link: https://www.econbiz.de/10005623474
account of technological change, the accumulation of knowledge and externalities. At the same time they highlight the …
Persistent link: https://www.econbiz.de/10011111565
We present an endogenous growth model with technological externalities emitted the presence of the foreign direct …
Persistent link: https://www.econbiz.de/10011114394
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
It is suggested a Romer-Barro - type model of endogenous economic growth where producers contest for distribution of a fixed share of the government’s tax revenue. The proportional contest mechanism is assumed. We studied conditions under which consumers gain or lose due to existence of the...
Persistent link: https://www.econbiz.de/10008543509
Severe economic fluctuations which had recently hit the entire world economy after relatively prosperous decades despite numerous institutional efforts to control them have recalled an interest to the theory of economic cycles. Historical data on main economic indexes and academic evidence show...
Persistent link: https://www.econbiz.de/10008556297
Behavioral/experimental economics is poised to enter a new phase in its relatively brief intellectual history, moving beyond empirical tests of standard behavioral assumptions in the social sciences to the problem of designing improved institutions that are tuned to fit real-world behavior. For...
Persistent link: https://www.econbiz.de/10008694149
Merrifield (2009) provides a useful polemic about the sad state of data analysis too frequently encountered in the school choice literature. The available data come mostly from limited policy experiments with only modest amounts of choice and competition. These data are then misapplied in...
Persistent link: https://www.econbiz.de/10008694160
Colorado is considering raising personal income taxes to fund a $950 million initiative. Are the increased benefits from educational attainment worth the revenue costs? This study surveys in-depth the economic literature on the impact of increased educational expenditure on future income,...
Persistent link: https://www.econbiz.de/10011110183