Para acceder a los documentos con el texto completo, por favor, siga el siguiente enlace: http://hdl.handle.net/2445/63560

Regional returns to physical capital: are they conditioned by educational attainment?
López-Bazo, Enrique; Moreno Serrano, Rosina
This paper provides novel empirical evidence of the indirect effect of educational attainment on regional economic growth, through its influence on the profitability of investment in physical capital. We test the hypothesis that the regional heterogeneity of the return to physical capital can be directly related to the existing heterogeneity in the educational attainment of workers. The results for the Spanish case support our hypothesis that the higher the educational attainment of workers the greater the returns on investment in physical capital. In fact, this effect seems to be sufficiently strong to have counterbalanced the traditional mechanism of decreasing returns to capital accumulation.
Dividends
Economia regional
Productivitat
Control de costos
Recursos humans
Dividends
Regional economics
Productivity
Cost control
Human capital
cc-by-nc-nd, (c) López-Bazo et al., 2007
http://creativecommons.org/licenses/by-nc-nd/3.0/
Documento de trabajo
Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
         

Mostrar el registro completo del ítem

Documentos relacionados

Otros documentos del mismo autor/a

Moreno Serrano, Rosina; Artís Ortuño, Manuel; López-Bazo, Enrique; Suriñach Caralt, Jordi
Moreno Serrano, Rosina; Artís Ortuño, Manuel; López-Bazo, Enrique; Suriñach Caralt, Jordi