Bridging the gap between the literatures on industrial change and human capital externalities we investigate the … industrial change, while human capital externalities arise first and foremost in dynamic labor markets. On the firm level, we … find human capital externalities to accrue predominantly to growing firms which benefit from sharing, matching, and …

panel data it shows that regional wage differentials are partly attributable to localized human capital externalities … as instrumental variables, the paper shows that human capital externalities are underestimated in ordinary panel … human capital externalities are more pronounced in manufacturing than in the service sector. We find indication that highly …

results show no support for external returns to education, except for skilled workers. -- Human capital externalities ; social …

whether human capital externalities arise from a higher job matching efficiency in skilled regions. Using two samples of …. Taken together, these findings suggest that human capital externalities partly arise because workers in skilled regions have … jobs. -- Human Capital Externalities ; Job Matching …