Education quality and non-converge

• Autor(a) principal: Souza, Danilo Paula de
• Data de Publicação: 2015
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Biblioteca Digital de Teses e Dissertações da USP
• Texto Completo: http://www.teses.usp.br/teses/disponiveis/12/12138/tde-30092015-105003/
• topic: Capital humano; Convergence; Convergência; Crescimento econômico; Education quality; Escolha ocupacional; Human capital; Não-convergência; Non-convergence; Occupational choice; Qualidade da educação

This dissertation assesses the role of education quality in the convergence process of GDP per capita through teacher\'s quality impact in human capital formation. The simple two-period OLG model suggests initial level of teacher\'s human capital is important to explain non-convergence, even when education quality return is decreasing. This non-convergence arises because an initially low level of teachers\' human capital translates into a low level of human capital transferred to students, which means a low level of teachers\' human capital in the next period, and so on. This work, therefore, provides an alternative explanation of why countries income does not converge, even when differences in other inputs are not accounted for