Why capital (physical and human) doesn't move from rich to poor countries

Capital (physical and human) doesn't flow from rich to poor countries. We show that in order to solve these twin paradoxes, assumption of externality of physical capital is better than assumption of externality of human capital.

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Year of publication:	2012
Authors:	Darreau, Philippe ; Pigalle, François
Institutions:	HAL
Subject:	economic growth \| physical capital \| human capital \| total factor productivity

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Extent:	application/pdf
Series:	Post-Print.
Type of publication:	Book / Working Paper
Notes:	View the original document on HAL open archive server: http://hal-unilim.archives-ouvertes.fr/hal-00785589 Published, Economics Bulletin, 2012, 32, 2, 1353-1360
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010898504