On the role of productive government spendings for convergence of a growing economy with heterogenous specialists

Arbeitspapier

This paper employs a dynamic framework to compare the effects of alternative government activities on convergence of industrialized economies to the technology frontier. The government's Instruments include facilitating private investment and education policy. The latter enhances skills of heterogenous specialists and imply the decision on their respective shares. The analysis distinguishes between an isolated policy of a single economy and coordinated policies of various countries. Which policy maximizes the speed of convergence is crucially affected by the economy's state of development. A policy switch between the mentioned instruments while catching-up may be preferable.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: KIT Working Paper Series in Economics ; No. 5

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Innovation and Invention: Processes and Incentives ; Technological Change: Choices and Consequences; Diffusion Processes ; Technological Change: Government Policy ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Entrepreneurship
• Thema: Education policy ; amount and structure of public expenditure ; highlyskilled specialists ; Bildungspolitik ; Öffentliche Bildungsausgaben ; Investitionspolitik ; Wachstumspolitik ; Wachstumstheorie ; Hochqualifizierte Arbeitskräfte ; Entwicklungskonvergenz ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ott, Ingrid ; Soretz, Susanne
• Ereignis: Veröffentlichung
• (wer): Karlsruher Institut für Technologie (KIT), Institut für Volkswirtschaftslehre (ECON)
• (wo): Karlsruhe
• (wann): 2010

Weitere Informationen

• DOI: doi:10.5445/IR/1000019774
• Handle: http://hdl.handle.net/10419/40250
• URN: urn:nbn:de:swb:90-197740
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ