Economic integration and growth under intergenerational financing of human-capital formation

被引:6
作者
Michel, P [1 ]
Vidal, JP [1 ]
机构
[1] CNRS, GREQAM, F-13002 Marseille, France
来源
JOURNAL OF ECONOMICS-ZEITSCHRIFT FUR NATIONALOKONOMIE | 2000年 / 72卷 / 03期
关键词
human capital; economic integration; overlapping generations;
D O I
10.1007/BF01231268
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines the patterns of economic integration and endogenous growth in a two-country overlapping-generations world, in which the formation of children'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).
引用
收藏
页码:275 / 294
页数:20
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