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Asymmetries in Education Spread – “Equilibrium” versus “Social Optimum”

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  • José Pedro Pontes

Abstract

We try to explain main empirical regularities of the distribution of higher education attainment across regions by using a theoretical framework inspired by Uzawa (1965)’s neoclassical growth model and Lucas (1988)’s view of positive externalities of education. We rationalize the strong correlation between educational attainment and regional accessibility, the relative importance of public universities in less accessible areas and the smaller regional variation in schooling rates shown by the public universities as compared with private establishments.

Suggested Citation

  • José Pedro Pontes, 2024. "Asymmetries in Education Spread – “Equilibrium” versus “Social Optimum”," Working Papers REM 2024/0329, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    • Handle: RePEc:ise:remwps:wp03292024
    as

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    File URL: https://rem.rc.iseg.ulisboa.pt/wps/pdf/REM_WP_0329_2024.pdf
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    References listed on IDEAS

    as
    1. Steven C. Salop, 1979. "Monopolistic Competition with Outside Goods," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 141-156, Spring.
    2. Roland Benabou, 1993. "Workings of a City: Location, Education, and Production," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 619-652.
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    More about this item

    Keywords

    Higher Education; University; Accessibility; Market Potential; Endogenous Technical Progress;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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