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This paper discusses a model of the New Economic Geography, in which the seminal core-periphery model of Krugman (1991) is extended by endogenous research activities. Beyond the common "anonymous" consideration of R&D expenditures within fixed costs, this model introduces vertical product...
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One of the most prominent instruments of regional policy is to foster education and human capital formation in economically lagging regions. However, regional policy of this type can actually hurt instead of help the poor areas. The reason is that individual geographical mobility increases with...
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The aim of this research is to explore the effect of a lower return on education in peripheral regions of a country compared to core regions on the decision of individuals in each region to acquire human capital by advancing their education. In addition, the study examines how these decisions...
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High-skilled workers are four times more likely to migrate than low-skilled workers. This skill bias in migration … bias in migration significantly increases welfare in most receiving countries. Moreover, due to a more efficient global … that more - not less - high-skilled migration would increase world welfare. …
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. Nonetheless, while BD has been studied extensively, AD drain has not. I examine migration's impact on ability (a), education (h …), which combines PS and VS (e.g., Canada, 2015+). I find that i) Migration reduces (raises) source country residents …
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