Private Education and Positive Growth with Shrinking Income Inequality: A Note

Masaya Yasuoka, Megumi Katahira () and Tamotsu Nakamura ()
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Megumi Katahira: Komaki Tax Office
Tamotsu Nakamura: Kobe University

Economics Bulletin, 2008, vol. 9, issue 4, 1-8

Abstract: This short paper introduces the external effects of human capital on education as reported by such as Tamura (1991) and so on to Glomm and Ravikumar (1992) and reexamines economic growth and income inequality in the two education systems: one for public and the other for private education. Glomm and Ravikumar show that income inequality does not shrink if the growth rate is positive in private education. On the other hand, we show that both positive growth and income shrinking are brought about by the externality considered in this paper.

JEL-codes: E6 I2 (search for similar items in EconPapers)
Date: 2008-03-05
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08i20003

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