Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
355006 | Economics of Education Review | 2006 | 6 Pages |
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.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Donald Lien,