Human Capital and Regional Growth in Switzerland

Polasek, Wolfgang; Schwarzbauer, Wolfgang and Sellner, RichardORCID: (April 2010) Human Capital and Regional Growth in Switzerland. Former Series > Working Paper Series > IHS Economics Series 250


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Abstract: This paper develops a regional production function model for Swiss cantons that incorporates human capital together with spatial effects. Within a spatial panel framework we find that controlling for time effects the spatial spillover effect becomes insignificant. Our results are sensitive with respect to the human capital proxy. We find that the share of academics in the workforce is the main component of human capital driving productivity growth in Swiss cantons. This is in line with findings of previous studies suggesting that mostly highly skilled workers matter for productivity growth in technologically advanced economies.;

Item Type: IHS Series
Keywords: 'Production function with human capital' 'Spatial panel' 'Regional growth'
Classification Codes (e.g. JEL): C21, C23, I22, J23, R11, R12
Date Deposited: 26 Sep 2014 10:39
Last Modified: 20 Jun 2024 06:00
ISBN: 1605-7996

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