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Human capital and per capita product: A comparison of US states

Author

Listed:
  • Saurav Dev Bhatta

    (Urban Planning & Policy Program, University of Illinois at Chicago, 412 S.Peoria St., Chicago, IL 60607-7065, USA)

  • José Lobo

    (Department of City and Regional Planning, Cornell University, 108 West Sibley Hall, Ithaca, NY, USA)

Abstract

This article analyzes the extent to which human capital differences can explain the differences in gross state product (GSP) per capita levels between the richer and poorer states of the US. It uses 1990 Census and Bureau of Economic Analysis data on educational attainment, wage levels of different segments of the labor force, and GSP to compare New York - our representative rich state - with the poorest third of the states. The findings indicate that human capital differences explain at least 49% of the observed difference in GSP per capita between New York and each of the poor states.

Suggested Citation

  • Saurav Dev Bhatta & José Lobo, 2000. "Human capital and per capita product: A comparison of US states," Papers in Regional Science, Springer;Regional Science Association International, vol. 79(4), pages 393-411.
    • Handle: RePEc:spr:presci:v:79:y:2000:i:4:p:393-411
    Note: Received: 19 May 1999
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    1. repec:rre:publsh:v:34:y:2004:i:3:p:245-59 is not listed on IDEAS
    2. Prodromídis, Pródromos-Ioánnis K., 2017. "Analyzing local incomes in Greece by fitting space with an econometrics driven method," The Journal of Economic Asymmetries, Elsevier, vol. 15(C), pages 1-16.
    3. Kristian Behrens & Frédéric Robert‐Nicoud, 2009. "Krugman's Papers in Regional Science: The 100 dollar bill on the sidewalk is gone and the 2008 Nobel Prize well‐deserved," Papers in Regional Science, Wiley Blackwell, vol. 88(2), pages 467-489, June.
    4. Fotini Economou & Prodromos Prodromidis & Georgia Skintzi, 2019. "Large Fire Disaster and the Regional Economy: The 2007 Case of the Peloponnese," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 17(1), pages 7-31.
    5. Jenkins, Andrew & Wolf, Alison, 2004. "Regional variations in adult learning and vocational training: evidence from NCDS and WERS 98," LSE Research Online Documents on Economics 19469, London School of Economics and Political Science, LSE Library.
    6. Breandán Ó hUallacháin, 2007. "Regional Growth in a Knowledge-based Economy," International Regional Science Review, , vol. 30(3), pages 221-248, July.
    7. Andrew Jenkins & Alison Wolf, 2004. "Regional Variations in Adult Learning and Vocational Training: Evidence from NCDS and WERS 98," CEE Discussion Papers 0037, Centre for the Economics of Education, LSE.
    8. Stephan Brunow & Georg Hirte, 2009. "The age pattern of human capital and regional productivity: A spatial econometric study on german regions," Papers in Regional Science, Wiley Blackwell, vol. 88(4), pages 799-823, November.
    9. Stephan Brunow & Georg Hirte, 2006. "Age structure and regional economic growth," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 26(1), pages 3-23, March.
    10. David Brasington, 2002. "Differences in the Production of Education Across Regions and Urban and Rural Areas," Regional Studies, Taylor & Francis Journals, vol. 36(2), pages 137-145.
    11. Vijay K. Mathur & Sheldon H. Stein, 2005. "Do amenities matter in attracting knowledge workers for regional economic development?," Papers in Regional Science, Wiley Blackwell, vol. 84(2), pages 251-269, June.
    12. Prodromos Prodromidis, 2012. "The spatial and temporal patterns of declared personal income across Greece: 2001-8," ERSA conference papers ersa12p1058, European Regional Science Association.
    13. 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.

    More about this item

    Keywords

    Human capital; US states; gross regional product; growth accounting;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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