Normal view MARC view ISBD view

Tuition Subsidies in a Model of Economic Growth [electronic resource] / Philip R Gerson.

By: Gerson, Philip R.
Material type: materialTypeLabelBookSeries: IMF Working Papers; Working Paper: No. 94/100Publisher: Washington, D.C. : International Monetary Fund, 1994Description: 1 online resource (24 p.).ISBN: 1451852339 :.ISSN: 1018-5941.Subject(s): Education Sector | Educational Attainment | Educational Subsidies | Subsidies | Subsidy | Botswana | Cameroon | Guinea-Bissau | India | MoroccoAdditional physical formats: Print Version:: Tuition Subsidies in a Model of Economic GrowthOnline resources: IMF e-Library | IMF Book Store Abstract: This paper examines a two-sector aggregative growth model with human capital and educated unemployment. In the model, a tuition subsidy may lead to a long-run decline in the educated fraction of the population, because it may decrease the long-run per capita stock of physical capital in the economy, tending to reduce the output of the education sector and the incentives for workers to enroll in school. Thus, cuts in education subsidies undertaken by countries in Africa for adjustment reasons may actually lead to long-run increases in the educational attainment of their populations.
Tags from this library: No tags from this library for this title. Log in to add tags.
    average rating: 0.0 (0 votes)
No physical items for this record

This paper examines a two-sector aggregative growth model with human capital and educated unemployment. In the model, a tuition subsidy may lead to a long-run decline in the educated fraction of the population, because it may decrease the long-run per capita stock of physical capital in the economy, tending to reduce the output of the education sector and the incentives for workers to enroll in school. Thus, cuts in education subsidies undertaken by countries in Africa for adjustment reasons may actually lead to long-run increases in the educational attainment of their populations.

Description based on print version record.

There are no comments for this item.

Log in to your account to post a comment.

Ⓒ 2020 Dedan Kimathi University of Technology

Library