The impacts of education investment on skilled-unskilled wage inequality and economic development in developing countries

被引：19
|
作者：
Pan, Lijun [1 ]
机构：
[1] Nagoya Univ, Sch Econ, Chikusa Ku, Nagoya, Aichi 4648601, Japan
来源：
ECONOMIC MODELLING | 2014年 / 39卷
关键词：
Education Investment; Skilled-unskilled wage inequality; Economic development; General equilibrium model; INTERNATIONAL FACTOR MOBILITY; FOREIGN DIRECT-INVESTMENT; TRADE;
D O I：
10.1016/j.econmod.2014.02.040
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Four-sector general equilibrium models are established to investigate the impacts of increased governmental investment in education capital on skilled-unskilled wage inequality and economic development. The basic model, which assumes perfect competition in the producer services sector, shows that increased education capital investment from the government will unambiguously reduce skilled-unskilled wage inequality and conditionally promote economic development. Then the robustness of the basic model is substantiated by the extended model that incorporates the monopolistically competitive feature of the producer services sector. (C) 2014 Elsevier B.V. All rights reserved.
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页码：174 / 181
页数：8
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