Human Capital Accumulation: Education and Immigration
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.
|Date of creation:||Nov 2002|
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References listed on IDEAS
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- Caroline M. Hoxby, 2000.
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American Economic Review,
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NBER Working Papers
3120, National Bureau of Economic Research, Inc.
- de Meulemeester, Jean-Luc & Rochat, Denis, 1995.
"A causality analysis of the link between higher education and economic development,"
Economics of Education Review,
Elsevier, vol. 14(4), pages 351-361, December.
- Jean Luc De Meulemeester & Denis Rochat, 1995. "A causality analysis of the link between higher education and economic development," ULB Institutional Repository 2013/1573, ULB -- Universite Libre de Bruxelles.
- John M. Quigley, 1998. "Urban Diversity and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 127-138, Spring.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
- Glenn Withers, 2000. "Population Issues and Options: Investing in People," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 33(3), pages 265-271.
- Cobb-Clark, D.A. & Connolly, M.D., 1996. "The Worldwide Market for Skilled Migrants: Can Australia Compete?," CEPR Discussion Papers 341, Centre for Economic Policy Research, Research School of Economics, Australian National University.
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