The Age Pattern of Human Capital and Regional Productivity

Dresden Discussion Paper in Economics No. 01/08

36 Pages Posted: 21 May 2008

See all articles by Georg Hirte

Georg Hirte

Dresden University of Technology - Faculty of Economics and Business Management

Stephan Brunow

Government of the Federal Republic of Germany - Institute for Employment Research (IAB)

Date Written: January 8, 2008

Abstract

We explore the impact of the age structure of human capital on average regional productivity by applying a spatial econometric analysis based on an augmented Lucas-type production function. We also apply a new definition of regional human capital focusing on its availability. The estimates provide evidence that there are age specific human capital effects in Germany and that a temporary increase in regional productivity could occur during the demographic transition. Furthermore, it becomes clear that the availability based definition of human capital provides additional insight and so, could enrich future studies on regional human capital.

Keywords: Regional Productivity, Human Capital, Demographic Change

JEL Classification: J24, R11

Suggested Citation

Hirte, Georg and Brunow, Stephan, The Age Pattern of Human Capital and Regional Productivity (January 8, 2008). Dresden Discussion Paper in Economics No. 01/08, Available at SSRN: https://ssrn.com/abstract=1135044 or http://dx.doi.org/10.2139/ssrn.1135044

Robert Bernhardt (Contact Author)

affiliation not provided to SSRN

Georg Hirte

Dresden University of Technology - Faculty of Economics and Business Management ( email )

Mommsenstrasse 13
Dresden, D-01062
Germany

Stephan Brunow

Government of the Federal Republic of Germany - Institute for Employment Research (IAB) ( email )

Regensburger Str. 104
Nuremberg, 90478
Germany

HOME PAGE: http://www.iab.de

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