PUBLIC INVESTMENT IN BASIC EDUCATION AND ECONOMIC GROWTH

Vladimir Kuhl Teles () and Joaquim P. Andrade

Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32th Brazilian Economics Meeting] from ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]

Abstract: The main objective of this paper was to visualize the relation between government spending on basic education and the human capital accumulation process, observing the impacts of this spending on individual investments in higher education, and on economic growth. From the results obtained, we may reach the central conclusion that basic education affects agents' decisions over their lifetime, and that the significance of the relation between public spending on education and economic growth is altered by changes in the composition of government spending with regard to basic and higher education, and this relation may be insignificant when higher education is not promoted.

JEL-codes: O11 O23 I28 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev
Date: 2004
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Related works:
Journal Article: Public investment in basic education and economic growth (2008)
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