International migration, economic policy and human capital accumulation

Autor:	Van Dalen Hp
Rok vydání:	1993
Předmět:	Economics and Econometrics education.field_of_study Physical capital Capital accumulation Capital outflow Economic policy Capital deepening Capital (economics) Population Economics Capital intensity education Human capital
Zdroj:	Economic Modelling. 10:417-430
ISSN:	0264-9993
DOI:	10.1016/0264-9993(93)90036-f
Popis:	This paper examines the economic policy implications of international migration and human capital accumulation within a dynamic general equilibrium model. Each country produces by means of physical and human capital of two types (skilled and unskilled labour). Along optimal growth paths in a world of diverging population growth rates immigration can only be beneficial when the free ride effect (ie not paying for training costs) exceeds the capital dilution effect of an increase in population growth. Under quite general conditions the optimal immigration rate is zero.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f6b9993f0c6ef578f8a6971cab5405ea https://doi.org/10.1016/0264-9993(93)90036-f Zobrazit plný text záznamu