Education, manpower, and economic growth: strategies of human resource development
In: McGraw-Hill Series in international development
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In: McGraw-Hill Series in international development
In: Journal of political economy, Band 70, Heft 5, S. 80-93
ISSN: 0022-3808
"Migration research has dealt mainly with the forces which affect migration and how strongly they have affected it, but little has been done to determine the influence of migration as an equilibrating mechanism in a changing economy. The movements of migrants clearly are in the appropriate direction, but we do not know whether the numbers are sufficient to be efficient in correcting income disparities as they emerge. There is a strong presumption that they are not.; The central purpose of this paper is to develop the concepts and tools with which to attack the latter problem. I propose to identify some of the important costs and returns to migration both public and private - and, to a limited extent, devise methods for estimating them. This treatment places migration in a resource allocation framework because it treats migration as a means in promoting efficient resource allocation and because migration is an activity which requires resources. Within this framework, my goal will be to determine the return to investment in migration rather than to relate rates of migration to income differentials." (Text excerpt, IAB-Doku) ((en))