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

José Pontes

No 2024/0329, Working Papers REM from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa

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.

Keywords: Higher Education; University; Accessibility; Market Potential; Endogenous Technical Progress (search for similar items in EconPapers)
JEL-codes: I20 O40 R10 (search for similar items in EconPapers)
Date: 2024-06
New Economics Papers: this item is included in nep-gro and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:ise:remwps:wp03292024

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