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Author:Tamura, R.
Title:Teachers, Growth, and Convergence
Journal:Journal of Political Economy
2001 : OCT, VOL. 109:5, p. 1021-1059
Index terms:TEACHERS
GROWTH
POLITICAL ECONOMY
ECONOMIC CONDITIONS
MODELS
Language:eng
Abstract:This paper examines the role of individual instruction and teacher quality in determining economic growth and convergence across school districts. The model shows that if teacher quality is more important for human capital accumulation than individual instruction, human capital convergence will occur between two school districts. This convergence arises because a poor school district hires relatively better teachers but uses them in larger classes in comparison with a rich school district. The model is estimated on panel data of the states of the United States from 1882 to 1990. The estimates indicate that teacher quality is relatively more important for human capital accumulation than individual instruction.
SCIMA record nr: 235509
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