G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Human Capital Externalities in US Cities
Giovanni Peri
发表日期1998
出处Economy and Society
出版年1998
语种英语
摘要In an empirical analysis, considering 236 U.S. cities in the period 1980-1990, we document a strong positive correlation between local supply of skills and their return. In SMSA's where the average education of workers is high the education premium is also high. This is true both considering the levels of the variables in 1980, 1990 and considering their changes. Technical progress, as well as physical capital investments, may be driven by local pressures to enhance the productivity of those factors which are locally abundant. Therefore we may interpret this regularity as a sign that in cities where educated workers are abundant firms will invest in skill-complementary machines and techniques. Acemoglou (1998) claims that this idea could explain the time evolution of education premia in the 80's. Here I bring some compelling evidence that it may provide an explanation for the behaviour of education premia across cities.
特色分类O4,R0
关键词Cities,Human capital externalities,Skill premium
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/human-capital-externalities-in-us-cities/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116342
推荐引用方式
GB/T 7714
Giovanni Peri. Human Capital Externalities in US Cities. 1998.
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