Government Spending on Education and Labour Mobility

Dados Bibliográficos

ID19081513
AutoresJean-Pierre Vidal, Jean‐Pierre Vidal (autor correspondente)
Ano2000
Volume66
Fascículo4
Páginas373-389
Data de publicação2000-01-01
Open AccessSim
TipoARTICLE
PeriódicoRecherches économiques de Louvain (JOURNAL)
Identificadores do periódicoISSN: 0770-4518 • E-ISSN: 1782-1495
EditoraCAIRN (PUBLISHER)
DOI10.1017/s0770451800008356
OpenAlexW1571946458
IdiomaEN
Referências citadas8

This paper sets up a simple two-country overlapping generations model to explore the interplay between education, taxation, and labour mobility and to assess the impact of education policies on human capital formation and long-run welfare in both the sending and the receiving country. It emphasises the role of diminishing returns with respect to public spending on education in the welfare consequences of labour mobility. Emigration can improve the long-run welfare of the sending country when the elasticity of the education technology is low. Immigration augments the long-run level of human capital in the receiving country but can result in a level of long-run welfare lower than autarky

Autarky · Economic growth · Economics · Emigration · Government spending · Human capital · Immigration · Labor mobility · Labour economics · Market economy · Political science · Public education · Public spending · Welfare · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Migration and Labor Dynamics

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