Optimal Education Policies Under an Equity–Efficiency Trade-Off
Optimal Education Policies Under an Equity–Efficiency Trade-Off
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公平与效率权衡下的最优教育政策
DOI:
10.1016/s0573-8555(07)81009-1
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发表时间:
2007
期刊:
影响因子:
--
通讯作者:
Takashi Oshio
中科院分区:
文献类型:
--
作者:
Takashi Oshio
Education is widely considered to be a means for giving individuals an equal opportunity to improve their productivity and increase their future earnings, and the positive external effects of education are believed to justify its public provision. In fact, the government plays a significant role in providing and financing education in every country. Public education, however, has an ambiguous feature of income distribution: Higher-ability individuals can receive more gains in educational output and future income than lower-ability individuals from the same input of public education. If that occurs, the uniform provision of public education can widen income inequality even if average income rises among individuals. Indeed, an extensive literature exists on the redistributive effects of public education, initiated by Arrow (1971), Bruno (1976), and Ulph (1977), who discuss under what conditions ‘‘input-regressive’’educational policies, which direct more expenditure to higher-ability individuals, can be justified. Lommerud (1989) has shown that subsidies to the most able individuals are optimal, stressing that they can restore the individuals’ incentive to receive higher education, which is blunted by progressive income taxation. De Fraja (2002) derives the optimality of an elitist education policy within a framework where households differ in their incomes and in their children’s abilities. The redistributive aspects of education have also been examined through other approaches. Among others, Hanushek, Leung, and Yilmaz (2003) compare a government subsidy for education with alternative redistribution devices in terms of both equity and efficiency, although they assume a uniform subsidy regardless of each individual’s ability. Dur and Teulings (2003) show that a combination of education-system subsidy and progressive taxation increases social welfare.