Panem et Circenses, ¿educación pública de calidad o redistribución? Efectos de la provisión de un bien privado y su calidad por parte del sector público sobre el crecimiento y la distribución del ingreso

Luis Jairo Acevedo Avendaño, Paul Andrés Rodríguez Lesmes

Research output: Contribution to journalArticlepeer-review

Abstract

The provision of a private good by the public sector as an income redistribution policy is considerated as a good tool against the lack of information about the agents. However, that kind of policy can lead to trade-offs between quality and redistribution, and efficiency and redistribution. Should this kind of policy be implemented it would be better to incur in one information cost, a fixed inefficiency, in order to implement a progressive tax and redistribute the income under the second welfare theorem, and not through specie's transfer. The effectiveness of the policy depends of the institutional restrictions faced by the government. If those restrictions forbid a discriminatory access to the educational system, it is necessary to forget about the possibility of maximum redistribution. All these would imply that such policy would reinforce the difference between providing support to the inequity problems.

Original languageSpanish
Pages (from-to)105-120
Number of pages16
JournalRevista de Economia del Rosario
Volume11
Issue number1
StatePublished - Jun 2008

All Science Journal Classification (ASJC) codes

  • Economics, Econometrics and Finance(all)

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