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Human Capital , Local Labor Markets and Regional Integration
| Content Provider | Semantic Scholar |
|---|---|
| Author | Rioux, Laurence Verdier, Thierry |
| Copyright Year | 2000 |
| Abstract | This paper investigates the impact of regional integration on the incentives for local governments to ...nance general human capital in a context of oligopsonistic labor markets, where ...rm’s speci...c skills are obtained through speci...c training. General human capital increases both a worker’s productivity (productivity e¤ect) and its ability to learn new ...rm’s speci...c skills (‡exibility e¤ect). For symmetric regions, integration leads to a ”race to the top” or to a ” race to the bottom” in local public educational policies depending on whether the productivity e¤ect dominates or not the ‡exibility e¤ect. The paper discusses also the e¤ects of integration on regional wages, intra-regional wage inequalities and integration between regions di¤erent in size or productivity. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://fmwww.bc.edu/RePEc/es2000/1740.pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Byrsonima crassifolia DNA Integration Government Labor (Childbirth) |
| Content Type | Text |
| Resource Type | Article |
