Optimal public education policy in a two sector model
Koichiro Sano and
Yasunobu Tomoda
Economic Modelling, 2010, vol. 27, issue 5, 991-995
Abstract:
Proposing a simple two sector model with occupational choice, this paper analyzes the relationship between optimal public education policy and industrial structure. Workers are employed based on their skills and education policy influences the distribution of human capital. Thus, the industrial structure determines whether an elite education policy or an egalitarian education policy is desirable. In particular, this paper indicates how the productivities of each sector and market sizes affect optimal public education policy.
Keywords: Public; education; policy; Occupational; choice; Industrial; structure (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:27:y:2010:i:5:p:991-995
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