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Working Paper Series in Economics, Karlsruher Institut für Technologie (KIT) >
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http://hdl.handle.net/10419/40250
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| Title: | | On the role of productive government spendings for convergence of a growing economy with heterogenous specialists  |
| 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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