Di Maria, C.; Stryszowski, P.K. - Tilburg University, Center for Economic Research - 2006
productivity increases either through imitation or innovation, and both activities use the same types of human capital as inputs …, albeit with different intensities.Heterogenous agents accumulate human capital responding to economic incentives, and might … frontier.The possibility of migration, however, distorts the optimal accumulation of human capital and slows down, or even …