Local Multipliers and Human Capital in the US and Sweden
AbstractWe show that every time a local economy generates a new job by attracting a new business in the traded sector, a significant number of additional jobs are created in the non-traded sector. This multiplier effect is particularly large for jobs with high levels of human capital and for high tech industries. These findings are important for local development policies, as they suggest that in order to increase local employment levels, municipalities should target high tech employers with high levels of human capital.
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Bibliographic InfoPaper provided by Research Institute of Industrial Economics in its series Working Paper Series with number 914.
Length: 29 pages
Date of creation: 13 Apr 2012
Date of revision:
Contact details of provider:
Postal: Research Institute of Industrial Economics, Box 55665, SE-102 15 Stockholm, Sweden
Phone: +46 8 665 4500
Fax: +46 8 665 4599
Web page: http://www.ifn.se/
More information through EDIRC
Local multipliers; Local labor markets; Labor demand;
Other versions of this item:
- Moretti, Enrico & Thulin, Per, 2012. "Local Multipliers and Human Capital in the US and Sweden," Working Papers 2012:13, Swedish Entrepreneurship Forum.
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-05-02 (All new papers)
- NEP-ENT-2012-05-02 (Entrepreneurship)
- NEP-HRM-2012-05-02 (Human Capital & Human Resource Management)
- NEP-LAB-2012-05-02 (Labour Economics)
- NEP-LMA-2012-05-02 (Labor Markets - Supply, Demand, & Wages)
- NEP-URE-2012-05-02 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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