Human capital quality and aggregate income differences. Development accounting for U.S. states.

Autor/inn/en	Hanushek, Eric A.; Ruhose, Jens; Woessmann, Ludger
Institution	CESifo GmbH
Titel	Human capital quality and aggregate income differences. Development accounting for U.S. states. Gefälligkeitsübersetzung: Qualität des Humankapitals und aggregierte Einkommensunterschiede. Berechnung für die US-Staaten.
Quelle	München (2015), 73 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	CESifo working paper. 5411
Sprache	englisch
Dokumenttyp	online; Monographie
ISSN	2364-1428
Schlagwörter	Kognitive Kompetenz; Bevölkerung; Wirtschaftsentwicklung; Wirtschaftswachstum; USA; Bruttoinlandsprodukt; Einkommensunterschied; Humankapital; Kognitive Kompetenz; Regionale Disparität; Bildungsabschluss; Bildungsertrag; Bildungsertrag; Bildungsabschluss; Regionale Disparität; Einkommensunterschied; Humankapital; Bruttoinlandsprodukt; Einkommenseffekt; Wirtschaftsentwicklung; Wirtschaftswachstum; Regionaler Vergleich; Bevölkerung; USA
Abstract	Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted measures of human capital can explain within-country income differences. We develop detailed measures of state human capital based on school attainment from census micro data and on cognitive skills from state- and country-of-origin achievement tests. Partitioning current state workforces into state locals, interstate migrants, and immigrants, we adjust achievement scores for selective migration. We use the new human capital measures in development accounting analyses calibrated with standard production parameters. We find that differences in human capital account for 20-35 percent of the current variation in per-capita GDP among states, with roughly even contributions by school attainment and cognitive skills. Similar results emerge from growth accounting analyses. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2015/4