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Acumulación de capital humano y gasto público en educación: Un Modelo OLG para Colombia

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  • Oliver Enrique PARDO REINOSO

Abstract

El presente documento estudia el impacto del gasto público en educación sobre el crecimiento económico y el bienestar. Se construye un modelo de generaciones traslapadas y crecimiento endógeno donde 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 con el objetivo de replicar algunos hechos estilizados de la economía colombiana. Las simulaciones sugieren que un incremento del gasto público en educación equivalente a un 1% del PIB implica un aumento cercano al 0.14% en la tasa de crecimiento de largo plazo.

Suggested Citation

  • 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.
    • Handle: RePEc:col:000118:001943
    as

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    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. David Croix & Philippe Michel, 2007. "Education and growth with endogenous debt constraints," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 33(3), pages 509-530, December.
    3. 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.
    4. 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.
    5. Soares, Jorge, 2003. "Self-interest and public funding of education," Journal of Public Economics, Elsevier, vol. 87(3-4), pages 703-727, March.
    6. 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.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Gasto públic; crecimiento; bienestar; generaciones traslapadas OLG;
    All these keywords.

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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