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来源类型Working Paper
规范类型报告
DOI10.3386/w14374
来源IDWorking Paper 14374
Social Capital and Urban Growth
Edward L. Glaeser; Charles Redlick
发表日期2008-10-02
出版年2008
语种英语
摘要Social capital is often place-specific while schooling is portable, so the prospect of migration may reduce the returns to social capital and increase the returns to schooling. If social capital matters for urban success, it is possible that an area can get caught in a bad equilibrium where the prospect of out-migration reduces social capital investment and a lack of social capital investment makes out-migration more appealing. We present a simple model of that process and then test its implications. We find little evidence to suggest that social capital is correlated with either area growth or rates of out-migration. We do, however, find significant differences in the returns to human capital across space, and a significant pattern of skilled people disproportionately leaving declining areas. For people in declining areas, the prospect of out-migration may increase the returns to investment in human capital, but it does not seem to impact investment in social capital.
主题Microeconomics ; Public Economics ; Health, Education, and Welfare ; Labor Economics ; Regional and Urban Economics
URLhttps://www.nber.org/papers/w14374
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/572049
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GB/T 7714
Edward L. Glaeser,Charles Redlick. Social Capital and Urban Growth. 2008.
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