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Empirical evidence on human capital spillovers

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  • Jeremy B. Rudd

Abstract

This paper examines whether the average level of human capital in a region affects the earnings of an individual residing in that region in a manner that is external to the individual's own human capital. I find little evidence of an external effect of human capital, which suggests that human capital spillovers of the form postulated by the new growth literature are unlikely to matter much in practice.

Suggested Citation

  • Jeremy B. Rudd, 2000. "Empirical evidence on human capital spillovers," Finance and Economics Discussion Series 2000-46, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfe:2000-46
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    8. Daron Acemoglu & Joshua Angrist, 2001. "How Large are Human-Capital Externalities? Evidence from Compulsory-Schooling Laws," NBER Chapters,in: NBER Macroeconomics Annual 2000, Volume 15, pages 9-74 National Bureau of Economic Research, Inc.
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    Citations

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    Cited by:

    1. Esteban Sanroma & Raul Ramos, 2007. "Local Human Capital and Productivity: An Analysis for the Spanish Regions," Regional Studies, Taylor & Francis Journals, vol. 41(3), pages 349-359.
    2. Middendorf Torge, 2006. "Human Capital and Economic Growth in OECD Countries," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 226(6), pages 670-686, December.
    3. BERTINELLI, Luisito, 2003. "Does urbanization always foster human capital accumulation ?," CORE Discussion Papers 2003040, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Pedro Martins & Jim Jin, 2010. "Firm-level social returns to education," Journal of Population Economics, Springer;European Society for Population Economics, vol. 23(2), pages 539-558, March.
    5. Antonio Ciccone & Giovanni Peri, 2002. "Indentifying human capital externalities: Theory with an application to US cities," Economics Working Papers 611, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2005.
    6. Nicholas Crafts & Mary O'Mahony, 2001. "A perspective on UK productivity performance," Fiscal Studies, Institute for Fiscal Studies, vol. 22(3), pages 271-306, September.
    7. Pablo-Romero, M. del P. & Gómez-Calero, M. de la P., 2013. "A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth," Economic Modelling, Elsevier, vol. 32(C), pages 77-87.
    8. David C. Maré, 2003. "Ideas for Growth?," Working Papers 03_19, Motu Economic and Public Policy Research.
    9. Manuel Hidalgo Pérez & Walter García-Fontes, 2009. "Estimating Human Capital Externalities:The Case of Spanish Regions," Working Papers 09.17, Universidad Pablo de Olavide, Department of Economics.
    10. Robert Baumann & Raphael Solomon, 2005. "Educational Spillovers: Does One Size Fit All?," Working Papers 0503, College of the Holy Cross, Department of Economics.
    11. Sand, Benjamin M., 2013. "A re-examination of the social returns to education: Evidence from U.S. cities," Labour Economics, Elsevier, vol. 24(C), pages 97-106.
    12. Mueller, Normann, 2007. "(Mis-)Understanding Education Externalities," MPRA Paper 6307, University Library of Munich, Germany.
    13. Edna Maria Villarreal Peralta, 2011. "Rendimientos sociales de la educación en México 2005-2010," Investigaciones de Economía de la Educación volume 6,in: Antonio Caparrós Ruiz (ed.), Investigaciones de Economía de la Educación 6, edition 1, volume 6, chapter 55, pages 898-916 Asociación de Economía de la Educación.
    14. Mueller, Normann, 2007. "(Mis-)Understanding Education Externalities," MPRA Paper 5331, University Library of Munich, Germany, revised Mar 2007.
    15. A. Dalmazzo & Guido De Blasio, 2003. "Social Returns to Education; Evidence From Italian Local Labor Market Areas," IMF Working Papers 03/165, International Monetary Fund.

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    Keywords

    Human capital ; Education ; Income;

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