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Human Capital Formation and Local Economic Performance

Author

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  • Steve Bradley
  • Jim Taylor

Abstract

BRADLEY S. and TAYLOR J. (1996) Human capital formation and local economic performance, Reg. Studies, 30, 1-14. This paper is concerned with the interaction between the vocational education and training system (VET) and local economic performance in Britain. After briefly discussing the shortcomings of Britain's VET system, the paper examines the way in which the education and training system and the local economy interact. In particular, it is argued that the outputs from the local education and training system determine, and are determined by, the locality's stock of high-skill workers. These high-skill workers, in turn, help to determine the competitiveness, and hence the economic performance, of the local economy. This has feedback effects on the stock of high-skill workers through its effect on the occupational mix of in-migrants. Some empirical tests of the model are provided based on data relating to 107 local education authority areas in England. BRADLEY S. et TAYLOR J. (1996) La formation du capital humain et la performance economique locale, Reg. Studies 30, 1-14. Cet article traite de l'interaction entre le systeme d'education et de formation professionnelles et la performance economique locale au Royaume-Uni. Suite a une discussion breve des defauts du systeme d'education et de formation professionnelles britannique, cet article examine la facon dont le systeme d'education et de formation et l'economie locale agissent l'un sur l'autre. En particulier on affirme que le rendement du systeme d'education et de formation local determine, et est determine par, le stock de salaries hautement qualifies. Ces salaries hautement qualifies, a aleur tour, aident a determiner la competitivite, et par la suite la performance economique, de l'economie locale. Cela a des retombees sur le stock de salaries hautement qualifies par son effet sur la composition socio-professionnelle des migrants. On fournit quelques tests empiriques du modele a partir des donnees concernant 107 administrations locales au Royaume-Uni quigerent les affaires scolaires. BRADLEY S. und TAYLOR J. (1996) Menschenkapitalbildung und ortliche Wirtschaftsleistung, Reg. Studies 30, 1-14. Dieser Aufsatz beschaftigt sich mit der Wechselwirkung zwischen beruflicher Schulung und Ausbildung (vocational education and training: VET) in Grossbritannien. Im Anschluss an eine kurze Diskussion der Mangel des britischen VET Systems wird untersucht, wie Schulungs- und Ausbildungssystem sich gegenseitg beeinflussen. Besonderes Gewicht wird auf die Feststellung gelegt, dass die Leistungen des ortlichen Schulungs- und Ausbildungssystems den Bestand an hoch-qualifizierten Arbeitskraften bestimmen und auch durch ihn bestimmt werden. Diese hochqualifizierten Arbeitskrafte tragen wiederum dazu bei, Wettbewerbsfahigkeit, und damit die wirtschaftliche Leistung der ortlichen Wirtschaft zubestimmen. Durch die Auswirkung der beruflichen Mischung der Zuwanderer kommt es dadurch zu Ruckkop-pelungswirkungen auf den Bestand an hochqualifizierten Arbeitskraften. Empirische uberpufungen des Modells, die sich auf Daten von Abteilungen fur Schulwesen von 107 Kommunalverwaltungen in England stutzen, liegen bei.

Suggested Citation

  • Steve Bradley & Jim Taylor, 1996. "Human Capital Formation and Local Economic Performance," Regional Studies, Taylor & Francis Journals, vol. 30(1), pages 1-14.
  • Handle: RePEc:taf:regstd:v:30:y:1996:i:1:p:1-14
    DOI: 10.1080/00343409612331349438
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    Citations

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    Cited by:

    1. Janos Rechnitzer & Tamas Toth, 2014. "Economic Growth Paths Similarities in European Union," Review of Economics & Finance, Better Advances Press, Canada, vol. 4, pages 93-104, November.
    2. Kristinn Hermannsson, 2015. "Expenditure and Displacement effects of Students in the Periphery: Impact on the Scottish Highlands and Islands," ERSA conference papers ersa15p1601, European Regional Science Association.
    3. Jenkins, Andrew & Wolf, Alison, 2004. "Regional variations in adult learning and vocational training: evidence from NCDS and WERS 98," LSE Research Online Documents on Economics 19469, London School of Economics and Political Science, LSE Library.
    4. Kang-Rae Ma & Eun-Taek Kang & O-Kyu Kwon, 2017. "Migration behavior of students and graduates under prevailing regional dualism: the case of South Korea," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 58(1), pages 209-233, January.
    5. Andrew Jenkins & Alison Wolf, 2004. "Regional Variations in Adult Learning and Vocational Training: Evidence from NCDS and WERS 98," CEE Discussion Papers 0037, Centre for the Economics of Education, LSE.
    6. Ivo Bischoff & Julia Hauschildt, 2017. "Vocational Schools as an Instrument of Interregional Competition – Empirical Evidence from German Counties," MAGKS Papers on Economics 201722, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    7. Andrew Glyn & Stewart Wood, 2000. "New Labour`s Economic Policy," Economics Series Working Papers 49, University of Oxford, Department of Economics.
    8. Alessandra Casarico & Paola Profeta & Chiara Pronzato, 2012. "On the local labor market determinants of female university enrolment in European regions," Carlo Alberto Notebooks 278, Collegio Carlo Alberto.
    9. Lida Fan, 2009. "Measuring Interprovincial Flows of Human Capital in China: 1995–2000," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 28(3), pages 367-387, June.
    10. Mark Roberts, 2004. "The Growth Performances of the GB Counties: Some New Empirical Evidence for 1977-1993," Regional Studies, Taylor & Francis Journals, vol. 38(2), pages 149-165.
    11. Michael Greenberg & Michael Frisch & Tyler Miller & David Lewis, 2003. "Facing an uncertain economic future: Environmental management spending and rural regions surrounding the U.S. DOE's nuclear weapons facilities," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(1), pages 85-97.

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