Abstract (EN):
It is an empirical fact that low-level income countries manufacture low price commodities, using simple technology, with no investment in Research and Development (R&D). This constitutes a poverty trap where, on the one hand, it is not advantageous for workers to get further training and, on the other hand, poorly educated/trained workers cannot enter the R&D sector. We present a theoretical model with two sectors, the Commodities sector and the R&D sector, which use labour as input. Using this model and applying computation techniques we investigate the impact of compulsory schooling. The conclusion is that the imposition by public authorities of a minimum level of schooling would make it possible for poorly developed countries to escape from the poverty trap.
Language:
Portuguese
Type (Professor's evaluation):
Scientific