The effect of skills on employment growth. Adjusting bias and weak IVs with new evidence from German metropolitan areas.

Autor/in	Poelhekke, Steven
Institution	European University Institute. Department of Economics
Titel	The effect of skills on employment growth. Adjusting bias and weak IVs with new evidence from German metropolitan areas. Gefälligkeitsübersetzung: Auswirkungen von Qualifikation auf Beschäftigungsentwicklung. Die Bereinigung von Verzerrungen und schwacher Variablen anhand neuer Erkenntnisse aus deutschen Stadtregionen.
Quelle	Florenz (2007), 25 S.; 277 KB PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
Schlagwörter	Stadtregion; Bevölkerungsstruktur; Beschäftigungsentwicklung; Arbeitsmarktforschung; Niedrig Qualifizierter; Qualifikation; Qualifikationsstruktur; Ingenieur; Auswirkung; Quote; Hochschulabsolvent; Hoch Qualifizierter; Stadtbevölkerung
Abstract	"German metropolitan areas have been diverging in terms of local human capital concentration between 1975 and 2003, and this has strong implications for urban employment growth. Conventional estimates show that the share of college graduates affects growth by the same magnitude as it does in American MSAs. The effect is robust to various controls across two data sets. However, we show that this figure is biased upwards because of endogeneity of initial employment. Corrected estimates using lagged values as instruments are closer to 0.5% employment growth for a 10% increase in the concentration of graduates. We question that aggregate productivity growth is solely caused by college graduates. After distinguishing between 6 different skill levels we find positive growth effects of high school graduates with vocational training, especially if the local concentration of technical professionals is high. The concentration of non-technical university graduates becomes more important over time, but has less bearing on the marginal growth effects of other skill groups. City success may thus depend on the 'right' combination of skills rather than college graduates in itself." Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch; Längsschnitt; historisch. Die Untersuchung bezieht sich auf den Zeitraum 1975 bis 2003. (author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2008/2