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Human Capital and Regional Growth in Switzerland

Author

Listed:
  • Wolfgang Polasek

    (Institute for Advanced Studies, Vienna)

  • Wolfgang Schwarzbauer

    (Institute for Advanced Studies, Vienna)

  • Richard Sellner

    (Institute for Advanced Studies, Vienna)

Abstract

This paper develops a regional production function model for Swiss cantons that incorporates human capital together with spatial effects. Within a spatial panel framework we find that controlling for time effects the spatial spillover effect becomes insignificant. Our results are sensitive with respect to the human capital proxy. We find that the share of academics in the workforce is the main component of human capital driving productivity growth in Swiss cantons. This is in line with findings of previous studies suggesting that mostly highly skilled workers matter for productivity growth in technologically advanced economies.

Suggested Citation

  • Wolfgang Polasek & Wolfgang Schwarzbauer & Richard Sellner, 2011. "Human Capital and Regional Growth in Switzerland," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 3(1), pages 46-58, July.
    • Handle: RePEc:ren:journl:v:3:y:2011:i:1:p:46-58
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    References listed on IDEAS

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    Cited by:

    1. Ali, Syed Zahid & Anwar, Sajid & Valadkhani, Abbas, 2012. "Macroeconomic consequences of increased productivity in less developed economies," Economic Modelling, Elsevier, vol. 29(3), pages 621-631.
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    3. Reiner Christian, 2010. "Die „Große Rezession“ und ihre Auswirkungen auf regionale Arbeitslosenquoten," ZFW – Advances in Economic Geography, De Gruyter, vol. 54(1), pages 114-133, October.

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    More about this item

    Keywords

    Production function with human capital; spatial panel; Regional Growth;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • 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)

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