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Education, Migration, and Job Ssatisfaction: the Regional Returns of Human Capital in the EU

  • Andrés Rodríguez-Pose

    (London School of Economics, College of Europe)

  • Montserrat Vilalta-Bufi

    (Universitat de Barcelona)

The paper looks at the link between human capital and regional economic performance in the EU. Using indicators of educational stock, the matching of educational supply and labour demand, and migration extracted from the European Community Household Panel (ECHP), it identifies that the economic performance of European regions over the last few years is generally associated with differences in human capital endowment. However, and in contrast to previous studies, the results highlight that factors such as the matching of educational supply and local labour needs, job satisfaction, and migration may have a stronger connection to economic performance than the traditional measures of educational stock.

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Paper provided by European Economic Studies Department, College of Europe in its series Bruges European Economic Research Papers with number 1.

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Length: pages
Date of creation: Nov 2004
Date of revision:
Handle: RePEc:coe:wpbeer:1
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  11. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
  12. Andrés Rodríguez-Pose & Ugo Fratesi, 2003. "Between development and social policies: the impact of European Structural Funds in Objective 1 Regions," European Economy Group Working Papers 28, European Economy Group.
  13. Beine, Michel & Docquier, Frederic & Rapoport, Hillel, 2001. "Brain drain and economic growth: theory and evidence," Journal of Development Economics, Elsevier, vol. 64(1), pages 275-289, February.
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  15. Judson, Ruth, 1998. " Economic Growth and Investment in Education: How Allocation Matters," Journal of Economic Growth, Springer, vol. 3(4), pages 337-59, December.
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  17. Alison Wolf, 2004. "Education and Economic Performance: Simplistic Theories and their Policy Consequences," Oxford Review of Economic Policy, Oxford University Press, vol. 20(2), pages 315-333, Summer.
  18. Quah, Danny, 1996. "Regional Convergence Clusters Across Europe," CEPR Discussion Papers 1286, C.E.P.R. Discussion Papers.
  19. Antonio J. Mora & Esther Vayá & Jordi Suriñach & Enrique López-Bazo, 1999. "original: Regional economic dynamics and convergence in the European Union," The Annals of Regional Science, Springer, vol. 33(3), pages 343-370.
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