We examine the empirical relationship between public investment and per capita income growth in the Spanish regions over 1965-1997. Using a neoclassical growth model with public and human capital, a convergence equation is derived and estimated using panel data techniques. Besides providing...

This research evaluates the effects of higher stocks of human capital (measured by the share of adults with some college) on growth in county per capita income using a Mankiw, Romer, and Weil type model adjusted for spatial dependence and capital stocks. Regressions based on county data from the...

College attainment differs nearly two-fold across U.S. states. This paper shows that highly educated states employ skill-biased technologies, specialize in skill-intensive industries, but do not pay lower skill premia. A theory based on agglomeration economies is developed to account for these...

This paper analyses the effects of labour market expectations and admission probabilities on students' application strategies to higher education. The starting hypothesis of this study is that students consider the expected utility of their choices, a function of expected net lifetime earnings...

This paper shows that an accelerated increase in educational attainments in many East Asian countries derives from a dramatic augmentation of working population with vocational education relative to general education. This is consistent with the recent literature, which argues that the ratio of...

Over the 1948-2013 period, many factors significantly impacted on human capital, which in turn affected economic growth in the United States. This chapter analyzes these factors within a complete national income accounting system which integrates Jorgenson-Fraumeni human capital into the...

This research claims that investing European Union (EU) Structural Funds in Learning Mobility (LM) might lead to further regional polarization. LM is a type of labour mobility finalized to acquire new knowledge (human capital) and social networks (social capital). Historically, LM has been...