Trade and Human Capital Accumulation

Trade and Human Capital Accumulation
Author: Dörte Dömeland
Publisher: World Bank Publications
Total Pages: 54
Release: 2007
Genre: Comparative Advantage
ISBN:

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This study provides empirical evidence that trade increases on-the-job human capital accumulation by estimating the effect of home country openness on estimated returns to home country experience of U.S. immigrants. The positive effect of trade on on-the-job human capital accumulation remains significant when controlling for GDP, educational attainment, and institutional quality. It is not the result of self-selection, heterogeneity in returns to experience, English-speaking origin, or cultural background. The effect persists when restricting the sample to non-OECD countries, thereby resolving the theoretical ambiguity of whether trade increases or decreases learning-by-doing. The role of trade in generating economic growth is therefore likely to be more important than generally considered.

Trade, Foreign Direct Investment, and International Technology Transfer

Trade, Foreign Direct Investment, and International Technology Transfer
Author: Kamal Saggi
Publisher:
Total Pages: 52
Release: 2000
Genre: Comercio
ISBN:

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How much a developing country can take advantage of technology transfer from foreign direct investment depends partly on how well educated and well trained its workforce is, how much it is willing to invest in research and development, and how much protection it offers for intellectual property rights.

Human Capital Spillovers, Labor Migration and Regional Development in China

Human Capital Spillovers, Labor Migration and Regional Development in China
Author: Yuming Fu
Publisher:
Total Pages: 46
Release: 2015
Genre:
ISBN:

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This study applies unique data from the 1990s period of economic liberalization in China to evaluate the effects of human capital spillovers on urbanization and regional agglomeration of human capital. We examine these effects via a utility maximizing directional migration model, which accounts for heterogeneous migration costs and benefits among population strata. We use model estimates to decompose and evaluate human capital spillover effects as derive from three distinct sources, including productivity effects (social returns to schooling), skill premia (skill complementarity in production), and non-wage benefits (quality of life and learning opportunities). In contrast to extant literature emphasizing skill complementarity, we find significantly stronger non-wage than wage effects in the determination of regional human capital agglomeration. However, among low-skill migrants, non-wage benefits are substantially reduced - due likely to urban segregation that deprives low-skill migrants of social externalities. This finding suggests limited human capital spillovers among low-skill migrants and hence dampened long-run growth benefits to Chinese urbanization. Finally, we find that urban concentration of skilled workers was more important than foreign direct investment, the prominent source of technology transfer in China during the 1990s, in attracting skilled workers.

Migration and the Transfer of Informal Human Capital

Migration and the Transfer of Informal Human Capital
Author: Izabela Grabowska
Publisher:
Total Pages:
Release: 2022
Genre: Emigration and immigration
ISBN: 9781032182247

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"This book explores the intangible human capital which international migrants bring with them and develop further when working and living abroad, drawing on case studies and original data from Mexico-USA and Central Europe. The book demonstrates that despite the fact that many international migrants might be working in their destination countries at a level below their formal qualifications, or else might be formally unskilled, but with practical non-validated skills, they can still acquire and enhance considerable informal human capital in the form of mind skills, soft skills, maker skills and life skills. The book analyses how migration-impacted informal human capital (MigCap) is acquired and enhanced as a result of international migration and what the opportunity and constraint structures are for their acquisitions and transfers. Adopting a comprehensive perspective, the book investigates how migration-impacted informal human capital is transferred by migrants between localities and areas of human actions and activities. Moving beyond the focus on migration as a source of economic capital, this book demonstrates that learning by observing, communicating and doing with others, embedded in social relations can facilitate the enhancement of intangible human capital among both skilled and unskilled migrants. It will be of interest to researchers of migration, sociology, economics, management and business studies and other related social sciences disciplines"--

The Competitive Advantage of Regions and Nations

The Competitive Advantage of Regions and Nations
Author: Boris Ricken
Publisher: CRC Press
Total Pages: 222
Release: 2016-03-23
Genre: Business & Economics
ISBN: 1317037626

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The importance of technology transfer for the competitive advantage of companies and the economic success of nations cannot be overstated. Technology is a determining element for firms and nations to increase productivity, to compete, and to prosper. In The Competitive Advantage of Regions and Nations, the authors stress that companies, investment promotion agencies, and government bodies cannot simply sit and wait until new technologies arrive in their domain. Rather, they need to manage the identification, assessment, attraction, absorption and application of new technologies. In this comprehensive book, Boris Ricken and George Malcotsis explain how technology transfer in Foreign Direct Investment (FDI) projects can be systematically managed. Using some 40 case studies as illustration, they give step-by-step guidance for managers. The explanation of theory in this book, together with the frameworks and cases delivering solutions to the various challenges of technology transfer will be highly appreciated by managers of companies, investment promotion agencies, and government bodies alike. It also offers students confronted with the topic an understandable study guide.

Migration of Human Capital in Today's Society

Migration of Human Capital in Today's Society
Author: Edward Dzerinyuy Bello
Publisher: BoD – Books on Demand
Total Pages: 112
Release: 2024-05-13
Genre: Business & Economics
ISBN: 3759771882

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MIGRATION OF HUMAN CAPITAL IN TODAY'S SOCIETY with subtitle: Understanding Challenges and Embracing Opportunities offers a profound exploration of the complexities surrounding human migration and its implications for societal development. Drawing from his experiences as a Cameroonian immigrant in Germany, Edward Dzerinyuy provides a compelling narrative that navigates the challenges and opportunities inherent in human capital migration. This book provides actionable insights for policymakers, business, and individuals alike. By understanding the challenges and embracing the opportunities of human capital migration, stakeholders can foster sustainable growth and prosperity within their communities.

Human Capital Flight

Human Capital Flight
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 40
Release: 1994-12-01
Genre: Business & Economics
ISBN: 1451921330

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This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human capital flight or “brain drain” arising out of wage differentials, say because of differences in income tax rates or technology, can bring about a reduction in the steady state growth rate of the country of emigration. Additionally, permanent difference in the growth rates as well as incomes between the two countries can occur making convergence unlikely. While in a closed economy, tax-financed increases in subsidy to education can have a positive effect on growth, such a policy can have a negative effect on growth when human capital flight is taking place. Since subsidizing higher education is more likely to induce substantial brain drain, it is likely to be inferior to subsidy to lower levels of education if growth is to be increased.