Globalization and Investment in Human Capital
AbstractThe authors examine the impact of globalization on the domestic labor market for low-skilled workers. Whereas existing research typically focuses on the effects on labor market outcomes such as wages and employment, the authors of this paper examine whether American workers respond to globalization by increasing their investment in human capital. Using both Census data and the Integrated Postsecondary Education Data System (IPEDS) for the period 2000-2007, they measure the extent to which offshoring and immigration affect enrollment at institutions of higher education. Results indicate that both offshoring and immigration increase enrollment at community colleges but not at other types of institutions, particularly among older, non-traditional age students. The authors conclude that U.S. workers are indeed responding to globalization by acquiring the skills necessary to compete in a global economy.
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Bibliographic InfoArticle provided by ILR Review, Cornell University, ILR School in its journal ILR Review.
Volume (Year): 64 (2011)
Issue (Month): 4 (July)
Postal: 381 Ives East, Cornell University, Ithaca, NY 14853-3901
Other versions of this item:
- Daniel C. Hickman & William W. Olney, 2010. "Globalization and Investment in Human Capital," Department of Economics Working Papers, Department of Economics, Williams College 2010-16, Department of Economics, Williams College.
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
- I2 - Health, Education, and Welfare - - Education
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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