The political economy of educational content and development: Lessons from history
成果类型:
Article
署名作者:
Cantoni, Davide; Yuchtman, Noam
署名单位:
University of Munich; University of California System; University of California Berkeley; National Bureau of Economic Research
刊物名称:
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN:
0304-3878
DOI:
10.1016/j.jdeveco.2013.04.004
发表日期:
2013
页码:
233-244
关键词:
Educational content
Educational institutions
political economy
Development
摘要:
Beyond years of schooling, educational content can play an important role in the process of economic development. Individuals' choices of educational content are often shaped by the political economy of government policies that determine the incentives to acquire various skills. We first present a model in which differences in human capital investments emerge as an equilibrium outcome of private decisions and government policy choices. We then illustrate these dynamics in two historical circumstances. In medieval Europe, states and the Church found individuals trained in Roman law valuable, and eventually supported productive investments in this new form of human capital. In late 19th-century China, elites were threatened by the introduction of Western science and engineering and continued to select civil servants-who enjoyed substantial rents-based on their knowledge of the Confucian classics; as a result, investments in productive, modern human capital were not made. (C) 2013 Elsevier B.V. All rights reserved.