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Human and knowledge capital: A contribution to the empirics of state economic growth

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  • Ronald Moomaw
  • J. Mullen
  • Martin Williams

Abstract

Considerable debate persists over the prospects for regional economic convergence and the nature of economic growth in a sub-national context. Although endogenous growth theories have been invoked to explain persistent regional income gaps and related empirical phenomena, traditional models have yet to be fully discredited. This paper utilizes a more complete specification of a traditional growth model in an effort to better explain variations in regional per capita income and growth levels. The authors' effort involves a panel analysis of U.S. Gross State Product data that enables controlling for variations in underlying production technologies. They focus on the important role of both human and knowledge capital in specifying regional dimensions of productivity and growth. The use of alternative and unique definitions for knowledge capital inputs leads to an improved empirical understanding of the regional growth process. Copyright International Atlantic Economic Society 2002

Suggested Citation

  • Ronald Moomaw & J. Mullen & Martin Williams, 2002. "Human and knowledge capital: A contribution to the empirics of state economic growth," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 30(1), pages 48-60, March.
    • Handle: RePEc:kap:atlecj:v:30:y:2002:i:1:p:48-60
    DOI: 10.1007/BF02299146
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    Cited by:

    1. Norman Baldwin & Stephen Borrelli, 2008. "Education and economic growth in the United States: cross-national applications for an intra-national path analysis," Policy Sciences, Springer;Society of Policy Sciences, vol. 41(3), pages 183-204, September.
    2. Marie-Noelle Duquenne & Maria Tsiapa & Valantis Tsiakos, 2019. "Contribution of the Common Agricultural Policy to agricultural productivity of EU regions during 2004–2012 period," Review of Agricultural, Food and Environmental Studies, Springer, vol. 100(1), pages 47-68, December.
    3. Arwiphawee Srithongrung & Patricia Byrnes, 2019. "The Causal Linkages Among Arts, Knowledge Employment, and Local Economic Performance," Economic Development Quarterly, , vol. 33(4), pages 296-315, November.
    4. repec:elg:eechap:14395_21 is not listed on IDEAS
    5. Walter W Mcmahon, 2007. "An Analysis Of Education Externalities With Applications To Development In The Deep South," Contemporary Economic Policy, Western Economic Association International, vol. 25(3), pages 459-482, July.
    6. Steven Yamarik, 2006. "Solow and the states: New evidence," Regional Studies, Taylor & Francis Journals, vol. 40(6), pages 571-582.
    7. Steven Yamarik, 2011. "Human capital and state-level economic growth: what is the contribution of schooling?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 47(1), pages 195-211, August.
    8. Arwiphawee Srithongrung & Isaac S nchez-Ju rez, 2015. "Fiscal Policies and Subnational Economic Growth in Mexico," International Journal of Economics and Financial Issues, Econjournals, vol. 5(1), pages 11-22.

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