Economic Integration and Growth under Intergenerational Financing of Human Capital Formation
AbstractThis paper examines the patterns of economic integration and endogenous growth in a two-country overlapping generations world in which the formation of childrn's human capital is financed by parents. It explores the influence of cross-border external effects in human capital on growth. Interestingly, world integration can enhance (reduce) long-run growth in both countries if cross-border external effects in human capital are sufficiently strong (weak).
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Bibliographic InfoPaper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number 99a55.
Length: 22 pages
Date of creation: 1999
Date of revision:
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Postal: G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.
Web page: http://www.greqam.fr/
More information through EDIRC
ECONOMIC INTEGRATION ; GENERATIONS ; EDUCATION;
Other versions of this item:
- Philippe Michel & Jean-Pierre Vidal, 2000. "Economic integration and growth under intergenerational financing of human-capital formation," Journal of Economics, Springer, vol. 72(3), pages 275-294, October.
- Michel, P. & Vidal., J.-P., 1998. "Economic Integration and Growth under Intergenerational Financing of Human Capital Formation," Cambridge Working Papers in Economics 9809, Faculty of Economics, University of Cambridge.
- F15 - International Economics - - Trade - - - Economic Integration
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
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