The Political Economy of Education: Implications for Growth and InequalityMIT Press, 2004. okt. 22. - 176 oldal A theoretical framework for analyzing the complex relationship of education, growth, and income distribution. The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such matters as income inequality, social mobility, and diversity. This book provides the theoretical framework necessary for understanding the political economy of education—the complex relationship of education, economic growth, and income distribution—and for formulating effective policies to improve the financing and provision of education. The relatively simple models developed illustrate the use of analytical tools for understanding central policy issues. After offering a historical overview of the development of public education and a review of current econometric evidence on education, growth, and income distribution, the authors lay the theoretical groundwork for the main body of analysis. First they develop a basic static model of how political decisions determine education spending; then they extend this model dynamically. Applying this framework to a comparison of education financing under different regimes, the authors explore fiscal decentralization; individual choice between public and private schooling, including the use of education vouchers to combine public financing of education with private provision; and the social dimension of education—its role in state-building, the traditional "melting pot" that promotes cohesion in a culturally diverse society. |
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Tartalomjegyzék
Introduction | 1 |
What Does Education Do? | 2 |
Why Public Education? | 4 |
The Scope of the Book | 9 |
Historical and Institutional Perspectives | 11 |
The Role of the Public Sector in Modern Education | 17 |
Four Education Systems | 21 |
Conclusions | 27 |
Public Education and Democracy | 72 |
Conclusions | 74 |
Appendix 52 Political Dynamics | 77 |
Central versus Local Education Finance | 79 |
Demand for Education Quality and Residential Segregation | 80 |
Local and Central Education Funding | 83 |
Dynamic Implications | 84 |
Mixed Modes of Education Financing | 86 |
Education Growth and Distribution Empirical Evidence | 29 |
Investing in Education | 31 |
The Contribution of Human Capital to Growth | 35 |
Education and Income Distribution | 40 |
Conclusions | 43 |
Political Determination of Education Spending | 45 |
A Basic Model of Private Education | 46 |
Public Schooling | 47 |
Empirical Evidence on Income and Substitution Elasticities | 50 |
Differences in Abilities | 51 |
Comparing Public and Private Education in the Short Run | 53 |
Education and Redistribution | 55 |
Conclusions | 59 |
Appendix 42 A Stochastic Model | 61 |
Dynamic Models of Education | 63 |
A Dynamic Economy | 64 |
Differences in Abilities | 67 |
Income Dynamics under Public Schooling | 68 |
Conclusions | 94 |
Mixed Regimes of Public and Private Schooling | 95 |
A Basic Model of Opting Out of Public Education | 98 |
Religious Preferences | 102 |
Residential Mobility and School Choice | 104 |
The Effect of School Vouchers on Enrollment and Spending | 107 |
Conclusions | 109 |
Education Social Capital and the Dynamics of Cohesion | 111 |
Education and the Dynamics of Social Polarization | 113 |
Welfare Implications of Different Schooling Regimes | 116 |
Public Education as a Melting Pot | 120 |
Policy Implications | 124 |
Conclusions | 126 |
Directions for Future Research | 129 |
Notes | 133 |
References | 147 |
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The Political Economy of Education: Implications for Growth and Inequality Mark Gradstein,M. Justman,Volker Meier Nincs elérhető előnézet - 2005 |
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