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- Salarios Regionales Y Dotaciones De Capital Humano


  • Lorenzo Serrano Martínez

    (Universitat de València)


This paper analyses the regional wages in Spain and tests their relationship with the different regional human capital endowments, using an approach that takes into account the possible measurement error in human capital indicators. The results indicate that, when allowing for the possibility of regional differences in the utility provided by an equal wage, wages show a unitary elasticity respect to human capital. Therefore, with such a similar regional utility by unit of human capital, there would be neither incentives to migrate nor welfare gains to achieve through a higher hypothetical labour mobility. Este trabajo analiza los salarios regionales en España y contrasta su relación con las distintas dotaciones de capital humano de cada región. Para ello se utilizan técnicas que consideran la posibilidad de error de medida en la variable capital humano. Los resultados muestran que, una vez se considera la posibilidad de diferencias regionales en la utilidad que proporciona una misma retribución monetaria del capital humano, los salarios muestran una elasticidad unitaria respecto al capital humano. Por tanto, con una utilidad por unidad de capital humano similar a nivel regional, no habría incentivos a la emigración ni ganancias de bienestar a obtener de una hipotética mayor movilidad territorial de los recursos humanos.

Suggested Citation

  • Lorenzo Serrano Martínez, 1999. "- Salarios Regionales Y Dotaciones De Capital Humano," Working Papers. Serie EC 1999-04, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasec:1999-04

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    References listed on IDEAS

    1. Kumbhakar, Subal C., 1990. "Production frontiers, panel data, and time-varying technical inefficiency," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 201-211.
    2. Fare, Rolf, et al, 1993. "Derivation of Shadow Prices for Undesirable Outputs: A Distance Function Approach," The Review of Economics and Statistics, MIT Press, vol. 75(2), pages 374-380, May.
    3. Schmidt, Peter & Sickles, Robin C, 1984. "Production Frontiers and Panel Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 2(4), pages 367-374, October.
    4. Rolf Fare & Daniel Primont, 1995. "The Opportunity Cost of Duality," Microeconomics 9506001, EconWPA.
    5. Shawna Grosskopf & Kathy J. Hayes & Lori L. Taylor & William L. Weber, 1997. "Budget-Constrained Frontier Measures Of Fiscal Equality And Efficiency In Schooling," The Review of Economics and Statistics, MIT Press, vol. 79(1), pages 116-124, February.
    6. Cornwell, Christopher & Schmidt, Peter & Sickles, Robin C., 1990. "Production frontiers with cross-sectional and time-series variation in efficiency levels," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 185-200.
    7. Bauer, Paul W., 1990. "Recent developments in the econometric estimation of frontiers," Journal of Econometrics, Elsevier, vol. 46(1-2), pages 39-56.
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    Cited by:

    1. Hernández, Laura & Serrano, Lorenzo, 2012. "Overeducation and its effects on wages: a closer look at the Spanish regions," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 24, pages 59-90.
    2. Ismael Ahamdanech Zarco & Carmelo García Pérez & Hipólito Simón Pérez, 2010. "Wage inequality in Spain: A regional perspective," Working Papers 2010/24, Institut d'Economia de Barcelona (IEB).


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