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Direct linkLien, Donald – Economics of Education Review, 2006
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…
Descriptors: Accreditation (Institutions), Brain Drain, Models, Developing Nations
