Literaturnachweis - Detailanzeige
Autor/in | Yamarik, Steven |
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Titel | Human capital and state-level economic growth. What is the contribution of schooling? |
Quelle | In: The annals of regional science, 47 (2011) 1, S. 195-211 |
Sprache | englisch |
Dokumenttyp | gedruckt; Zeitschriftenaufsatz |
ISSN | 0570-1864 |
Schlagwörter | Methode; Schätzung; Bildungsertrag; Region; Humankapital; Wachstum; USA |
Abstract | In this paper, we set out to quantify the magnitude of the positive empirical relationship between schooling and regional growth. We apply the growth empirics method of Mankiw et al. (Q J Econ 107:407438, 1992) to a panel of US states. We improve upon the existing regional growth literature by (i) removing transfer payments from personal income, (ii) deflating non-transfer income by individual state price indices, and (iii) using a system GMM estimator. We estimate an education share of income of 2025%, which corresponds to estimates from the growth accounting literature. |
Erfasst von | ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel |
Update | 2012/1 |