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Globalization and Investment in Human Capital

Daniel Hickman and William Olney
Additional contact information
Daniel Hickman: University of Idaho

Authors registered in the RePEc Author Service: Eduardo Fernandez-Arias, Peter J. Montiel and Antonio Spilimbergo ()

No 2010-16, Department of Economics Working Papers from Department of Economics, Williams College

Abstract: Workers are becoming increasingly concerned about the impact that globalization has on their domestic labor market. While existing research typically focuses on the effects on labor market outcomes such as wages and employment, we examine whether American workers respond to globalization by increasing their investment in human capital. Specifically, we measure the extent to which offshoring and immigration affect enrollment at institutions of higher education. The results indicate that both offshoring and immigration increase enrollment at community colleges, particularly among older students. We conclude that workers in the U.S. are responding to offshoring and immigration by acquiring the skills necessary to compete in a global economy.

Keywords: Globalization; Higher education; Enrollment; Offshoring; Immigration (search for similar items in EconPapers)
JEL-codes: F16 I2 J24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cba, nep-mac and nep-mon
Date: 2010-04
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Published in the Industrial and Labor Relations Review, 64(4): 652-670.

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