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Abstract

In this paper, we test whether economic growth depends on human capital development using data disaggregated at territorial level and propose the use of efficiency estimates, measured using a non-parametric technique, as an alternative quality measure of higher education institutions HEIs. The nature of knowledge spillovers is also taken into account to examine the existence of geographically localized spillovers, from the presence of efficient universities, on local growth. Results show that the efficiency of universities has a positive and significant effect on GDP per worker. Moreover, we find evidence that productivity gains are larger in areas in which the most efficient universities are located, suggesting that investment in tertiary education may affect geographical distribution of economic activity as well as its level.



Item Type: MPRA Paper -

Original Title: Human capital development, knowledge spillovers and local growth: Is there a quality effect of university efficiency?-

Language: English-

Keywords: Human capital; Higher education; Knowledge spillovers; Local economic development; Non-parametric technique.-

Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C14 - Semiparametric and Nonparametric Methods: GeneralC - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C67 - Input-Output ModelsI - Health, Education, and Welfare > I2 - Education and Research Institutions > I21 - Analysis of EducationI - Health, Education, and Welfare > I2 - Education and Research Institutions > I23 - Higher Education ; Research Institutions-





Autor: Zotti, Roberto

Fuente: https://mpra.ub.uni-muenchen.de/60065/



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