Is market potential robust in explaining regional educational levels in Europe?
This article analyses the robustness of market potential as an explanatory variable of regional educational levels in the European Union. When included by its own, market potential is shown to be statistically significant and quantitatively important in explaining cross-region variation in educational levels. This finding is robust in controlling for a wide range of considerations, including other geographic and economic characteristics, showing that economic geography matters in determining educational attainment levels in Europe.
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Volume (Year): 14 (2007)
Issue (Month): 7 ()
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