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Human Capital Accumulation: Education and Immigration

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  • Bruce Chapman
  • Glenn Withers

Abstract

Education and immigration are examined and affirmed as drivers of sustainable productivity growth. In education, individuals see continuing benefits to educational investment, a view supported by individual rates of return from education. Private sector expenditure on education has increased substantially, Australia's public/private funding mix conforming to the OECD average. An expansion of migration is possible without unacceptable reduction in skill composition and may enhance Australian human resources development. The migration program should be set to underpin a 1.25 per cent population growth path and be focussed on 'smart' growth and not just growth in numbers.

Suggested Citation

  • Bruce Chapman & Glenn Withers, 2002. "Human Capital Accumulation: Education and Immigration," CEPR Discussion Papers 452, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    • Handle: RePEc:auu:dpaper:452
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    File URL: https://www.cbe.anu.edu.au/researchpapers/CEPR/DP452.pdf
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    References listed on IDEAS

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    1. The financial crisis, part II: previous predictions and some new ones.
      by Paul Frijters in Club Troppo on 2008-12-15 11:35:00

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    Cited by:

    1. Peter E. Robertson, 2008. "The Biggest Loser: Education and Skilled Immigration in Australia," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 15(1), pages 85-98.
    2. Productivity Commission, 2009. "Restrictions on the Parallel Importation of Books," Research Reports, Productivity Commission, Government of Australia, number 34.
    3. Peter E. Robertson, 2007. "Reflections on Australia’s Skilled Migration Policy," Discussion Papers 2007-22, School of Economics, The University of New South Wales.
    4. Richard G. Harris & Peter E. Robertson, 2007. "The Dynamic Effects of Skilled Labour Targeting in Immigration Programs," Discussion Papers 2007-21, School of Economics, The University of New South Wales.

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