@article{Lange2009Publi-1862.2,
  year={2009},
  doi={10.1628/001522109X466527},
  title={Public Funding of Higher Education when Students and Skilled Workers are Mobile},
  number={2},
  volume={65},
  issn={0015-2218},
  journal={FinanzArchiv},
  pages={178--199},
  author={Lange, Thomas}
}

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    <dcterms:abstract xml:lang="eng">The interregional mobility of high-skilled workers may induce an underinvestment in local public higher education when subfederal entities independently decide on education expenditures to maximize local output. This well-known result, which is due to a positive interregional spillover of local education policy when some individuals emigrate upon graduation, can reverse once taking student mobility into account. When local education policy attracts foreign students, a negative spillover takes place, and the actual discrepancy between decentralized policy and the global-output-maximizing solution depends on the relative size of the two spillovers. The paper also presents a variant of the model with local governments' objectives resting exclusively upon natives' utility.</dcterms:abstract>
    <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2022-09-05T09:00:07Z</dc:date>
    <dcterms:title>Public Funding of Higher Education when Students and Skilled Workers are Mobile</dcterms:title>
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