Two Essays on Development Economics

Two Essays on Development Economics

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qWe analyze the emergence of large-scale education systems in a framework where growth is associated with changes in the configuration of the economy. We model the incentives that the economic elite could have (collectively) to accept taxation destined to finance the education of credit-constrained workers. Contrary to previous work, in our model, this incentive does not necessarily arise from a complementarity between physical and human capital in manufacturing. Instead, we emphasize the demand for human-capital-intensive services by high-income groups . Our model seems capable to account for salient features of the development of Latin America in the nineteenth century, where, in particular, land-rich countries such as Argentina established an extensive public education system and developed a sophisticated service sector before starting significant manufacturing activities. q--authors' abstract.Economic development implies concrete transformations in the social system. ... exhaustive review, it is a brief exercise aimed at identifying some of the main issues and questions as a prelude to subsequent studies on economic development.

Title:Two Essays on Development Economics
Publisher:United Nations Publications - 2006


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