Education, democracy and growth

Gilles Saint-Paul, Thierry Verdier

Research output: Contribution to journalArticle

Abstract

This note presents a model of endogenous growth where redistribution, determined by a political equilibrium, is in the form of public education. It is shown that there need not be a negative relationship between growth and redistribution as public education increases the level of human capital in the conomy and, at the same time, tends to produce a more even income distribution.

Original languageEnglish (US)
Pages (from-to)399-407
Number of pages9
JournalJournal of Development Economics
Volume42
Issue number2
DOIs
StatePublished - Dec 1993

ASJC Scopus subject areas

  • Development
  • Economics and Econometrics

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