Schooling inequality and the rise of research
Sebastiaan (Bas) Straathof ()
DEGIT Conference Papers from DEGIT, Dynamics, Economic Growth, and International Trade
Abstract:
During the last twenty years the share of researchers in the workforce has been rising in OECD countries. The consistency of this pattern suggests that it is not a transitional phenomenon. This paper demonstrates that the rise of research can occur in the steady state when schooling inequality is declining. Comparative static analysis of a semi-endogenous growth model with a continuous distribution of skills shows that a reduction in skill inequality can have a variety of effects, which includes a rising share of researchers. Additionally, the height of the growth rate of mean educational attainment is shown to have a positive effect on the proportion of researchers in the workforce, without causing it to grow.
Keywords: Schooling inequality; Economic growth (search for similar items in EconPapers)
JEL-codes: I20 J24 O40 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2005-06
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-sog
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Persistent link: https://EconPapers.repec.org/RePEc:deg:conpap:c010_012
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