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This paper analyzes the relationship between brain drain, human capital accumulation and individual net incomes in the presence of a redistributional tax policy, credit market constraints, administrative costs of tax collection, and lack of government commitment. We characterize how decreasing...
Persistent link: https://www.econbiz.de/10013232920
Brain drain occurs when skilled individuals leave their native countries. It is often argued that this phenomenon has strong negative effects on the origin countries, preventing them to capture the advantage of investing in human capital formation and realize a higher growth. This analysis shows...
Persistent link: https://www.econbiz.de/10014222842
This paper uses a two-country model with integrated markets for high-skilled labor to analyze the opportunities and incentives for national governments to provide higher education. Countries can differ in productivity, and education is financed through a wage tax, so that brain drain affects the...
Persistent link: https://www.econbiz.de/10013317116
In this paper we provide an overview of China's human capital strategy and educational achievements over the last two … decades. While every one acknowledges China as an economic superpower, very few are aware of or realize China's notable … Chinese modern higher education system China has made tremendous strides in education both domestically and internationally …
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We provide an overview of China’s economic rise through time. Over the past decade, China has maintained 10% growth in … students enrolled in Chinese higher education institutions has increased dramatically; China is producing serious scholars and … students find a rising interest in receiving education in China. …
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