Abstract
In this chapter Ayers’ model of human capital investment will be discussed and its applicability to the Texas-Mexico borderland will be investigated. Ayers (1988) suggests that because of the political risks associated with borderland economies there may be less incentive for human capital investment. Human capital investment is defined as the investment in an individual’s training or education made by either the employer or the individual. Following the analysis by Flanagan et al. (1989), an internal rate of return method of analysis will be applied to Ayers’ model. Four propositions will be presented and discussed.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
