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A missing link? Cultural capital as a source of human capital: evidence from Italian regional data

Author

Listed:
  • Alessandro Crociata

    (Gran Sasso Science Institute)

  • Iacopo Odoardi

    (University of Chieti-Pescara)

  • Massimiliano Agovino

    (Parthenope University)

  • Pier Luigi Sacco

    (IULM University
    FBK-IRVAPP
    metaLAB (at) Harvard and Harvard University)

Abstract

We apply a 2SLS approach to panel data from Italian regions, 2004–2014, to investigate the relationship between cultural and human capital. We find that cultural participation, as a proxy of cultural capital, has positive impact on two proxies of human capital, tertiary education and lifelong learning. Due to structural differences between North Central and Southern Italy, we separately analyse the two macro-regions, highlighting differences in cultural participation and human capital endowment, finding positive relations between the two types of capital in all areas. The relationship between cultural and human capital is mediated by the heterogeneity of regional socio-economic orientations towards education, learning, and cultural participation.

Suggested Citation

  • Alessandro Crociata & Iacopo Odoardi & Massimiliano Agovino & Pier Luigi Sacco, 2020. "A missing link? Cultural capital as a source of human capital: evidence from Italian regional data," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 64(1), pages 79-109, February.
    • Handle: RePEc:spr:anresc:v:64:y:2020:i:1:d:10.1007_s00168-019-00954-7
    DOI: 10.1007/s00168-019-00954-7
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    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • Z1 - Other Special Topics - - Cultural Economics
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

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