Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/40250 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
KIT Working Paper Series in Economics No. 5
Verlag: 
Karlsruher Institut für Technologie (KIT), Institut für Volkswirtschaftslehre (ECON), Karlsruhe
Zusammenfassung: 
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.
Schlagwörter: 
Education policy
amount and structure of public expenditure
highlyskilled specialists
JEL: 
O31
O33
O38
J24
L26
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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