Optimal higher education enrollment and productivity externalities in a two-sector model

Arbeitspapier

We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each sector works with only one type of labor, skilled or unskilled, and individuals are differentiated according to their cost of acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the average human capital of workers. When skill-biased technological change prevails, it may well be the case that intermediate stages of development witness underenrollment in higher education, while highly developed economies experience overenrollment.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 3889

Classification and Topics

• Classification: Wirtschaft ; Externalities ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; Analysis of Education ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Economic Development: General
• Subject: higher education ; enrollment ; externalities ; two-sector model ; Studium ; Schulbesuch ; Mehr-Sektoren-Modell ; Produktivität ; Humankapital ; Externer Effekt ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Meier, Volker ; Schiopu, Ioana Cosmina
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/61038
• Last update: 10.03.2025, 11:42 AM CET