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Full-Text Articles in Economics

Two-Year And Four-Year Tertiary Education: Measuring Human Capital Effects On Economic Growth In Developing And Developed Countries With The Uzawa-Lucas Model, Darryl M. Tyndorf Oct 2015

Two-Year And Four-Year Tertiary Education: Measuring Human Capital Effects On Economic Growth In Developing And Developed Countries With The Uzawa-Lucas Model, Darryl M. Tyndorf

Educational Foundations & Leadership Theses & Dissertations

Tertiary education is believed to be a driver of economic development through the relationship between human capital development and economic output. Global massification efforts of tertiary education have led to increased global demand. Countries with limited tertiary education systems, like developing countries, have employed policies to increase domestic tertiary education opportunities instead of sending students abroad. Many tertiary education policies have focused on importing tertiary education from countries with established tertiary education systems. Import efforts first emphasized university models, but limited success prompted the import of more flexible short-cycle education modeled after the United States’ community college system. Limited empirical …


Unemployment And Economic Integration For Developing Countries, Haiwen Zhou Jan 2015

Unemployment And Economic Integration For Developing Countries, Haiwen Zhou

Economics Faculty Publications

While financial or trade integration between countries may increase the size of the market and aid the adoption of more advanced technologies, will it also increase the level of urban unemployment for a developing country? In this model, there is unemployment in the urban sector. Manufacturing firms engage in oligopolistic competition and choose increasing returns technologies to maximize profits. Financial firms provide capital to manufacturing firms and they also engage in oligopolistic competition. We show that an increase in the wage rate in the manufacturing sector changes neither the level of technology nor the level of employment in the manufacturing …