Public policies and convergence

Ingrid Ott; Susanne Soretz

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Public policies and convergence

机译：公共政策与融合

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This paper employs a dynamic framework to compare the effects of alternative government policies on convergence of industrialized economies to the technology frontier. The government's instruments include facilitating private investment and education policy. The latter enhances skills of heterogenous specialists and implies the decision on their respective shares. The analysis distinguishes between an isolated policy of a single economy and coordinated policies of various countries. Which policy maximizes the speed of convergence is crucially affected by the economy's state of development. A policy switch between the mentioned instruments while catching-up may be preferable.

机译：本文采用一个动态框架来比较替代性政府政策对工业化经济向技术前沿融合的影响。政府的手段包括促进私人投资和教育政策。后者提高了异类专家的技能，并暗示了他们各自份额的决定。分析将单一经济的孤立政策与各国的协调政策区分开来。哪种政策能最大程度地加快融合的速度，受到经济发展状况的严重影响。在追赶时在上述工具之间进行策略切换可能是更好的选择。

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来源
《Journal of Economic Dynamics and Control》 |2011年第9期|p.1435-1450|共16页
作者
Ingrid Ott; Susanne Soretz;
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作者单位

Karlsruhe Institute of Technology (KIT), Kollegium am Schloss 20.14, D-76 131 Karlsruhe, Germany Kiel Institute for the World Economy (ifW), Germany;

Emst-Moritz-Arndt University of Greifswald, Friedrich-Loeffler-Str. 70, D-17489 Creifswald, Germany;

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正文语种 eng
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关键词
Education policy; Amount and structure of public; expenditure; Highly skilled specialists;

机译：教育政策;公众数量和结构;支出;高技能专家;

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Public policies and convergence

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