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Human Capital Accumulation: Education and Immigration

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Author Info

  • Bruce Chapman
  • Glenn Withers

Abstract

Education and immigration are examined and affirmed as drivers of sustainable productivity growth. In education, individuals see continuing benefits to educational investment, a view supported by individual rates of return from education. Private sector expenditure on education has increased substantially, Australia's public/private funding mix conforming to the OECD average. An expansion of migration is possible without unacceptable reduction in skill composition and may enhance Australian human resources development. The migration program should be set to underpin a 1.25 per cent population growth path and be focussed on 'smart' growth and not just growth in numbers.

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File URL: http://cbe.anu.edu.au/research/papers/ceprdpapers/DP452.pdf
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Bibliographic Info

Paper provided by Centre for Economic Policy Research, Research School of Economics, Australian National University in its series CEPR Discussion Papers with number 452.

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Length: 33 pages
Date of creation: Nov 2002
Date of revision:
Handle: RePEc:auu:dpaper:452

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  1. The financial crisis, part II: previous predictions and some new ones.
    by Paul Frijters in Club Troppo on 2008-12-15 05:35:00
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Cited by:
  1. Productivity Commission, 2009. "Restrictions on the Parallel Importation of Books," Research Reports, Productivity Commission, Government of Australia, number 34.

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