Human Capital Spillovers and Regional Development

22 Pages Posted: 5 Feb 2015 Last revised: 28 Jan 2016

See all articles by Marcos Sanso-Navarro

Marcos Sanso-Navarro

Universidad de Zaragoza

María Vera-Cabello

Centro Universitario de la Defensa de Zaragoza

Domingo Ximénez-de-Embún

University of Zaragoza - Department of Economic Analysis

Date Written: January 28, 2016

Abstract

This paper introduces technological interdependence à la Ertur and Koch (Growth, technological interdependence and spatial externalities: Theory and evidence. Journal of Applied Econometrics 2007; 22: 1023-1062) into the theoretical framework of Gennaioli et al. (Human capital and regional development. Quarterly Journal of Economics 2013; 128: 105-164). This extension leads to an expression for regional development with spatial effects that motivates the incorporation of the geographical dimension into their newly constructed database and empirical analysis. Our estimation results corroborate both the necessity of accounting for the presence of spatial dependence to study the determinants of regional income per capita and the importance of educational attainment in explaining regional development differences. Furthermore, we provide evidence that human capital generates positive spatial spillovers.

Keywords: Regional development, technological interdependence, human capital, spatial Durbin model, spillover effects

JEL Classification: C12, C21, O47, R11

Suggested Citation

Sanso-Navarro, Marcos and Vera-Cabello, María and Ximénez-de-Embún, Domingo, Human Capital Spillovers and Regional Development (January 28, 2016). Available at SSRN: https://ssrn.com/abstract=2560742 or http://dx.doi.org/10.2139/ssrn.2560742

Marcos Sanso-Navarro (Contact Author)

Universidad de Zaragoza ( email )

Facultad de Economía y Empresa
Departamento de Análisis Económico
Zaragoza, 50005
Spain
+34 876 554 629 (Phone)

HOME PAGE: http://personal.unizar.es/marcossn

María Vera-Cabello

Centro Universitario de la Defensa de Zaragoza ( email )

Academia General Militar, Ctra. de Huesca, s/n
Zaragoza, Zaragoza 50009
Spain

Domingo Ximénez-de-Embún

University of Zaragoza - Department of Economic Analysis ( email )

Gran Vía 2
Facultad de Economía y Empresa
Zaragoza, 50005
Spain
+34876554785 (Phone)

Register to save articles to
your library

Register

Paper statistics

Downloads
121
Abstract Views
1,031
rank
233,581
PlumX Metrics