Government Spending on Education and Labour Mobility

Bibliographic Data

ID19081513
AuthorsJean-Pierre Vidal, Jean‐Pierre Vidal (corresponding author)
Year2000
Volume66
Issue4
Pages373-389
Publication date2000-01-01
Open AccessYes
TypeARTICLE
VenueRecherches économiques de Louvain (JOURNAL)
Journal identifiersISSN: 0770-4518 • E-ISSN: 1782-1495
PublisherCAIRN (PUBLISHER)
DOI10.1017/s0770451800008356
OpenAlexW1571946458
LanguageEN
References cited8

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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