Regional Growth and Convergence: The Role of Human Capital in the Portuguese Regions
AbstractPotentially one of the most important determinants of regional economic growth and convergence is human capital, although due to a lack of data this factor is frequently omitted from econometric studies. In contrast, this paper constructs three measures of human capital at the NUTS III regional level for Portugal for the period 1991-2008 and then includes these variables in regional growth regressions. The results show that both secondary and higher levels of education have a significant positive effect on regional growth rates which may be regarded as supportive of Portuguese education policy, which over the last three decades has attempted to raise the regional human capital by locating higher education institutions across the country.
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Bibliographic InfoPaper provided by Department of Economics, Loughborough University in its series Discussion Paper Series with number 2011_03.
Date of creation: Sep 2011
Date of revision: Sep 2011
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Human capital; Regional convergence; GMM;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-11-07 (All new papers)
- NEP-CSE-2011-11-07 (Economics of Strategic Management)
- NEP-EDU-2011-11-07 (Education)
- NEP-EUR-2011-11-07 (Microeconomic European Issues)
- NEP-GEO-2011-11-07 (Economic Geography)
- NEP-HRM-2011-11-07 (Human Capital & Human Resource Management)
- NEP-LAB-2011-11-07 (Labour Economics)
- NEP-SBM-2011-11-07 (Small Business Management)
- NEP-URE-2011-11-07 (Urban & Real Estate Economics)
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