English, Article edition: A study on labor mobility and human capital spillover Jinghua Zhang; Fangwei Wu; Deyuan Zhang; ...

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Physical Description
  • article
Language
  • English

Edition details

Title
  • A study on labor mobility and human capital spillover
Author
  • Jinghua Zhang
  • Fangwei Wu
  • Deyuan Zhang
  • Yongmin Wang
Physical Description
  • article
Notes
  • Purpose – The purpose of this paper, starting from a theoretical framework, is to analyze the spillover effects of human capital brought by labor mobility and their influence on the public education investment. Design/​methodology/​approach – Based on the endogenous growth theory, the paper establishes a regional human capital spillover model to examine the spillover effects of human capital coming along with the regional labor mobility and the changes of public education investment decision brought by the spillover effects in China. Findings – It has been found that the regional mobility of labor has made the developed areas gain the spillover benefits of human capital investment from the underdeveloped areas with their superiority of social and economic environment and restrained the incentives for public education investment in the underdeveloped areas, thus the different areas walk on a different growth path, with the expansion of the difference in the economic and education investment growth. Originality/​value – This paper analyzes the possible influences from the spillover of human capital on the economic growth and educational investment and finds a high possibility for the underdeveloped areas to get into a “low development trap” of education investment. The key to solving the problem is to internalize the externalities by the active public policy, in order to realize equal education, rational investment and balanced development JEL Classification: I21, J24, J43
  • China, Education, Government policy, Human capital, Labor mobility
  • RePEc:eme:caerpp:v:1:y:2009:i:3:p:342-356
Language
  • English
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