Relative human capital endowments : estimates for selected countries and implications for international capital flows

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/618

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DC Field	Value	Language
dc.creator	Gundlach, Erich	-
dc.date	1992	-
dc.date.accessioned	2013-10-16T06:03:59Z	-
dc.date.available	2013-10-16T06:03:59Z	-
dc.date.issued	2013-10-16	-
dc.identifier	http://hdl.handle.net/10419/618	-
dc.identifier	ppn:042680514	-
dc.identifier.uri	http://koha.mediu.edu.my:8181/xmlui/handle/10419/618	-
dc.description	Despite large rate of return differentials implied by persistent income differentials, relatively little capital flows to poor countries. The rate of return differentials are substantially reduced, however, if different human capital endowments are taken into account, as is shown for a limited sample of countries. Additionally accounting for human capital externalities based on independent empirical evidence turns around the predicted rate of return differentials in favor of the rich countries. Hence, the world economy may converge to a rather unequal distribution of incomes as long as human capital accumulation is neglected as the key variable limiting economic development.	-
dc.language	eng	-
dc.publisher	Kiel Institute for the World Economy (IfW) Kiel	-
dc.relation	Kiel Working Papers 545	-
dc.rights	http://www.econstor.eu/dspace/Nutzungsbedingungen	-
dc.subject	ddc:330	-
dc.subject	Humankapital	-
dc.subject	Internationale Kapitalmobilität	-
dc.subject	Einkommensverteilung	-
dc.title	Relative human capital endowments : estimates for selected countries and implications for international capital flows	-
dc.type	doc-type:workingPaper	-
Appears in Collections:	EconStor

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