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This paper empirically revisits the impact of birthplace diversity on economic growth. We use panel data on US states over the 1960-2010 period. This rich data set allows us to better deal with endogeneity issues and to conduct a large set of robustness checks. Our results suggest that diversity...
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A highly skilled immigration can be growth enhancing if the positive contribution of the imported brains to the host … economy’s human capital stock outweighs the immigration-induced adverse effect on educational incentives for natives, or … growth depleting if the latter effect dominates. -- Skilled immigration ; growth …
Persistent link: https://www.econbiz.de/10003962666
A highly skilled immigration can be growth enhancing if the positive contribution of the imported brains to the host … economy's human capital stock outweighs the immigration-induced adverse effect on educational incentives for natives, or …
Persistent link: https://www.econbiz.de/10013130025
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth performance in the Chinese case as argued by Weitzman in a...
Persistent link: https://www.econbiz.de/10009490607
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
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