IDEAS home Printed from https://ideas.repec.org/a/bdr/ensayo/v24y2006i52p12-47.html
   My bibliography  Save this article

Acumulación de capital humano y gasto público en educación: un modelo de generaciones traslapadas para Colombia

Author

Listed:
  • Oliver Pardo

Abstract

En el presente documento se estudia el impacto del gasto público en educación sobre el crecimiento económico y el bienestar, para lo cual se construye un modelo de generaciones traslapadas y crecimiento endógeno. Los agentes se educan con el fin de acumular capital humano, mientras el gobierno subsidia una fracción del gasto en educación. Los parámetros son calibrados para replicar algunos hechos estilizados de la economía colombiana. Las simulaciones sugieren que un incremento del gasto público en educación equivalente al 1% del producto interno bruto (PIB) implica un aumento de 0,14 puntos porcentuales en la tasa de crecimiento econó- mico de largo plazo.

Suggested Citation

  • Oliver Pardo, 2006. "Acumulación de capital humano y gasto público en educación: un modelo de generaciones traslapadas para Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 24(52), pages 12-47, December.
    • Handle: RePEc:bdr:ensayo:v:24:y:2006:i:52:p:12-47
    DOI: 10.32468/Espe.5201
    as

    Download full text from publisher

    File URL: https://doi.org/10.32468/Espe.5201
    Download Restriction: no
    File URL: https://libkey.io/10.32468/Espe.5201?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Boldrin, Michele, 2005. "Public education and capital accumulation," Research in Economics, Elsevier, vol. 59(2), pages 85-109, June.
    2. Glomm, Gerhard & Ravikumar, B, 1992. "Public versus Private Investment in Human Capital Endogenous Growth and Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 818-834, August.
    3. Costas Azariadis & Allan Drazen, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(2), pages 501-526.
    4. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75(4), pages 352-352.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oliver Enrique PARDO REINOSO, 2007. "Rendimientos sociales crecientes en la acumulación de capital humano y financiación pública de la educación," Archivos de Economía 3455, Departamento Nacional de Planeación.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Oliver Enrique PARDO REINOSO, 2007. "Rendimientos sociales crecientes en la acumulación de capital humano y financiación pública de la educación," Archivos de Economía 3455, Departamento Nacional de Planeación.
    2. Gradstein, Mark & Justman, Moshe, 1997. "Democratic Choice of an Education System: Implications for Growth and Income Distribution," Journal of Economic Growth, Springer, vol. 2(2), pages 169-183, July.
    3. Hatsor, Limor, 2012. "Occupational choice: Teacher quality versus teacher quantity," Labour Economics, Elsevier, vol. 19(4), pages 608-623.
    4. Ferreira, Pedro Cavalcanti, 1998. "Inflationary financing of public investment and economic growth," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 322, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    5. Barthélémy, Vincent, 2000. "Système éducatif et bien-être social : faut-il subventionner l’éducation?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 76(4), pages 521-541, décembre.
    6. Florence Arestoff & Jean-François Jacques, 2016. "Politiques éducatives et évasion fiscale dans les pays en développement," Revue d'économie politique, Dalloz, vol. 126(6), pages 1057-1075.
    7. Bertocchi, Graziella & Spagat, Michael, 2004. "The evolution of modern educational systems: Technical vs. general education, distributional conflict, and growth," Journal of Development Economics, Elsevier, vol. 73(2), pages 559-582, April.
    8. repec:dau:papers:123456789/5552 is not listed on IDEAS
    9. Antoine d'Autume, 1994. "Choix éducatifs, équilibre général et croissance économique," Économie et Prévision, Programme National Persée, vol. 116(5), pages 35-48.
    10. Oliver Enrique PARDO REINOSO, 2006. "Acumulación de capital humano y gasto público en educación: Un Modelo OLG para Colombia," Archivos de Economía 1943, Departamento Nacional de Planeación.
    11. Jean-François JACQUES & Florence ARESTOFF, 2008. "Minimum Educational Standard to Complement Taxation in the Presence of Hidden Activities," EcoMod2008 23800054, EcoMod.
    12. Konstantinos Angelopoulos & James Malley & Apostolis Philippopoulos, 2012. "Tax structure, growth, and welfare in the UK," Oxford Economic Papers, Oxford University Press, vol. 64(2), pages 237-258, April.
    13. Shuanglin Lin, 2000. "Government Debt and Economic Growth in an Overlapping Generations Model," Southern Economic Journal, John Wiley & Sons, vol. 66(3), pages 754-763, January.
    14. Saint-Paul, Gilles, 1997. "The role of rents to human capital in economic development," Journal of Development Economics, Elsevier, vol. 53(2), pages 229-249, August.
    15. James A Kahn & Jong-Soo Lim, 2001. "Finite Horizons, Political Economy, and Growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 4(1), pages 1-25, January.
    16. Tetsuo Ono, 2015. "Public education and social security: a political economy approach," Economics of Governance, Springer, vol. 16(1), pages 1-25, February.
    17. Armellini, Mauricio & Basu, Parantap, 2010. "Altrusim. Education Subsidy and Growth," MPRA Paper 23653, University Library of Munich, Germany.
    18. Christopher Rauh, 2015. "The Political Economy of Early and College Education - Can Voting Bend the Great Gatsby Curve?," 2015 Meeting Papers 82, Society for Economic Dynamics.
    19. Mr. Alfredo Cuevas, 2001. "Short- and Long-Term Poverty and Social Policy in a “Snakes and Ladders” Model of Growth," IMF Working Papers 2001/172, International Monetary Fund.
    20. Mausumi Das & Subrata Guha, 2012. "What Do Teachers Do? Teacher Quality Vis-a-vis Teacher Quantity in a Model of Public Education and Growth," Working papers 216, Centre for Development Economics, Delhi School of Economics.
    21. Shindo, Yuko, 2010. "The effect of education subsidies on regional economic growth and disparities in China," Economic Modelling, Elsevier, vol. 27(5), pages 1061-1068, September.

    More about this item

    Keywords

    capital humano; crecimiento; financiación pública de la educación; Colombia.;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdr:ensayo:v:24:y:2006:i:52:p:12-47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Clorith Angélica Bahos Olivera (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.