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Title:On the role of productive government spendings for convergence of a growing economy with heterogenous specialists PDF Logo
Authors:Ott, Ingrid
Soretz, Susanne
Issue Date:2010
Series/Report no.:Working Paper Series in Economics 5
Abstract:This paper employs a dynamic framework to compare the effects of alternative government activities on convergence of industrialized economies to the technology frontier. The government's Instruments include facilitating private investment and education policy. The latter enhances skills of heterogenous specialists and imply the decision on their respective shares. The analysis distinguishes between an isolated policy of a single economy and coordinated policies of various countries. Which policy maximizes the speed of convergence is crucially affected by the economy's state of development. A policy switch between the mentioned instruments while catching-up may be preferable.
Subjects:Education policy
amount and structure of public expenditure
highlyskilled specialists
JEL:O31
O33
O38
J24
L26
Persistent Identifier of the first edition:urn:nbn:de:swb:90-197740
Document Type:Working Paper
Appears in Collections:Working Paper Series in Economics, Karlsruher Institut für Technologie (KIT)

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