Elite Education, Mass Education, and the Transition to Modern Growth
Holger Strulik () and
Katharina Werner ()
No 5619, CESifo Working Paper Series from CESifo Group Munich
We propose an innovation-driven growth model in which education is determined by family background and cognitive ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers market R&D. This means that our model rationalizes two different paths to modern growth: According to the Prussian way, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is initiated without mass education, which is triggered later by technical progress and economic development.
Keywords: long-run growth; elite education; compulsory education; longevity; R&D (search for similar items in EconPapers)
JEL-codes: I24 J24 O30 O40 (search for similar items in EconPapers)
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Working Paper: Elite education, mass education, and the transition to modern growth (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_5619
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