Elite Education, Mass Education, and the Transition to Modern Growth

Holger Strulik and Katharina Werner

No 5619, CESifo Working Paper Series from CESifo

Abstract: 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)
Date: 2015
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Related works:
Working Paper: Elite education, mass education, and the transition to modern growth (2014)
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