Endogenous productivity and equality of opportunity
نویسنده
چکیده
We consider a production economy ‘à la Mirrlees’ to be one in which the earning capability of individuals is endogenous. Individuals are heterogeneous with respect to their preferences and their propensity to benefit from a given investment in human capital. We look for allocation rules satisfying properties that capture the objective of equalizing opportunities. We characterize four allocation rules that both encompass different perspectives of equality of opportunity and justify different levels of public intervention.
منابع مشابه
Assessing The Effect of Gender Composition of Workforce on Productivity of Iranian Manufacturing Industries
Abstract The purpose of this article is to identify the effect of gender composition of the workforce on productivity in Iranian manufacturing industries. For this purpose, while using the data of four-digit ISIC codes of the comprehensive plan of statistics from manufacturies with more than ten employees of the Statistics Center, the productivity of manufacturing industries is evaluated....
متن کاملOpportunity, Long-run Growth, and Convergence
We derive an R&D-based semi-endogenous growth model where technological progress depends on the available amount of technological opportunity. Incremental innovations provide direct increases in the knowledge stock but they reduce technological opportunity and thus the potential for further improvements. Technological opportunity can be renewed only by radical innovations (which have no direct ...
متن کاملThe Criteria of Economic Justice
Criteria, criteria and general areas make it easy to measure the concept through the index. The criterion of measurement may be derived from the causal or causal method. In this descriptive-analytical method through conceptual explanation, in this paper, four concepts of economic justice are first considered independently and attempted to present a standard a priori method for each concept in i...
متن کاملFair Equality of Opportunity and Selective Secondary Schools
Can selecting on the basis of academic ability at secondary school level be reconciled with equality of opportunity? One common view is that although the two can be reconciled in principle, for various contingent reasons selection tends to undermine equality of opportunity in practice, for example, it tends to advantage children who have been fortunate enough to be born into better off families...
متن کاملOptimal Government Spending and Taxation in Three-Sector Endogenous Growth Model-Case Iran
The recent literature on taxation and growth has stressed the optimality of a zero long-run taxation on all accumulative factors of production. For a given path of government spending, the optimal tax plan requires the government to build up a positive stock of public wealth in the short run in the long-run, government spending can be financed with the income accruing from the management of the...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
- Social Choice and Welfare
دوره 39 شماره
صفحات -
تاریخ انتشار 2012