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levels? This paper aims to examine these issues with a particular focus on the importance of externalities. Externalities are … defined as region-specific economic effects influencing firm efficiency. These externalities can be broadly divided in the … following categories: i) urbanization economies which relate to diversity and density (Jacobs externalities), ii) localization …
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known about the private return to education, much less is known about the more important question of what happens to … of human capital can benefit society in ways that are not fully reflected in the private return of education. Human … individual productivity. Furthermore, increases in education can reduce criminal participation and improve voters political …
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period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
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could also improve their education outcomes. Given the importance of education for economic development, this link could be … the impact of child health on education outcomes, but there are formidable obstacles to obtaining credible estimates. Data … sources of bias when attempting to estimate relationships between child health and education. This Chapter provides an …
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