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Human Capital Formation and Local Economic Performance

Listed author(s):
  • Steve Bradley
  • Jim Taylor

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.

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Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 30 (1996)
Issue (Month): 1 ()
Pages: 1-14

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Handle: RePEc:taf:regstd:v:30:y:1996:i:1:p:1-14
DOI: 10.1080/00343409612331349438
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