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Our paper focuses on the dynamics of development of human capital in economic development cycles (as described, for example, in the works of Becker or Barro). In the course of this research, we created an econometric model based on the modified Mankiw-Romer-Weil equation of the Cobb-Douglas...
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foster education investment at home or, in other words, induce a brain gain. In a recent paper (Beine, Docquier and Rapoport … also regress other indicators of human capital investment on skilled migration rates and find a positive effect on youth …
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foster education investment at home or, in other words, induce a brain gain. In a recent paper (Beine, Docquier and Rapoport … also regress other indicators of human capital investment on skilled migration rates and find a positive effect on youth …
Persistent link: https://www.econbiz.de/10013158048
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This study investigates the impact of openness on human capital in 112 countries worldwide in 2000-2019. An two-stage least square fixed-effect model with instrumental variables is used to unravel the complicated relationship between human capital and its key determinants. The empirical results...
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