Human capital externalities and regional development: Evidence for Canada – 2000

2012 ◽  
Vol 128 (1) ◽  
pp. 105-164 ◽  
Author(s):  
Nicola Gennaioli ◽  
Rafael La Porta ◽  
Florencio Lopez-de-Silanes ◽  
Andrei Shleifer

Abstract We investigate the determinants of regional development using a newly constructed database of 1,569 subnational regions from 110 countries covering 74% of the world’s surface and 97% of its GDP. We combine the cross-regional analysis of geographic, institutional, cultural, and human capital determinants of regional development with an examination of productivity in several thousand establishments located in these regions. To organize the discussion, we present a new model of regional development that introduces into a standard migration framework elements of both the Lucas (1978) model of the allocation of talent between entrepreneurship and work, and the Lucas (1988) model of human capital externalities. The evidence points to the paramount importance of human capital in accounting for regional differences in development, but also suggests from model estimation and calibration that entrepreneurial inputs and possibly human capital externalities help understand the data.


Author(s):  
Can Cui ◽  
Yifan Wang ◽  
Qiang Wang

AbstractHuman capital has been acknowledged as a key driver for innovation, thereby promoting regional economic development in the knowledge era. University graduates from China’s “first-class” universities—the top 42 universities, included in the “double first-class” initiative, are considered highly educated human capital. Their migration patterns will exert profound impacts on regional development in China, however, little is known about the migration of these elite university graduates and its underlying driving forces. Using data from the 2018 Graduate Employment Reports, this study reveals that the uneven distribution of “first-class” universities and regional differentials largely shaped the migration of graduates from the university to work. Graduates were found aggregating in eastern first-tier cities, even though appealing talent-orientated policies aimed at attracting human capital had been launched in recent years by second-tier cities. Employing negative binomial models, this study investigates how the characteristics of the city of university and destinations affect the intensity of flows of graduates between them. The results showed that both jobs and urban amenities in the university city and destination city exert impacts on the inflow volume of graduates; whereas talent attraction policies introduced by many second-tier cities are found not to exert positive effects on attracting “first-class” university graduates presently. The trend of human capital migration worth a follow-up investigation, particularly given ongoing policy dynamics, and would shed light on the regional development disparities in China.


2015 ◽  
Author(s):  
Marcos Sanso-Navarro ◽  
Marra Vera-Cabello ◽  
Domingo P. Ximmnez-de-Embbn

2011 ◽  
Author(s):  
Nicola Gennaioli ◽  
Rafael La Porta ◽  
Florencio Lopez-de-Silanes ◽  
Andrei Shleifer

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