Glomm, Gerhard; Ravikumar, B.; Schiopu, Ioana C. - In: Handbook of the economics of education : volume 4, (pp. 615-680). 2011
In most countries, the government is the main provider of education services. Even when a private education sector exists, it is often subsidized. Given the substantial involvement of governments in the education sector and the importance of skill acquisition for individual and national welfare,...