Article ID Journal Published Year Pages File Type
355006 Economics of Education Review 2006 6 Pages PDF
Abstract

Assume that there are two types of knowledge, global and local. This paper considers a university in a developing country that allocates finite education resources to the delivery of these two types of knowledge. We provide the optimal resource allocation that maximizes social welfare. We show that, by imposing a minimum resource allocation to global knowledge instruction, international accreditation may exacerbate the brain drain problem.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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