Local human capital externalities and wages at the firm level: Evidence from Italian manufacturing

Massimiliano Bratti and Roberto Leombruni

Economics of Education Review, 2014, vol. 41, issue C, 161-175

Abstract: We exploit presumably exogenous variation in the availability of college-educated workers at the province level produced by a reform that increased the supply of higher education to estimate human capital production externalities for Italian manufacturing firms. We show that when the potential endogeneity of local human capital is addressed, the elasticity of white-collar workers’ wages with respect to the local college share is around 0.1, while we find no evidence of a positive effect of local human capital on blue-collar workers’ wages.

Keywords: Higher education; Local human capital externalities; Manufacturing; Productivity; Wages (search for similar items in EconPapers)
JEL-codes: I21 J24 J31 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:41:y:2014:i:c:p:161-175

DOI: 10.1016/j.econedurev.2014.05.002

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