Local multipliers and human capital in the United States and Sweden

Enrico Moretti and Per Thulin ()

Industrial and Corporate Change, 2013, vol. 22, issue 1, 339-362

Abstract: We show that every time a local economy generates a new job by attracting a new business in the traded sector, a significant number of additional jobs are created in the non-traded sector. This multiplier effect is particularly large for jobs with high levels of human capital and for high-technology industries. These findings are important for local development policies, as they suggest that to increase local employment levels, municipalities should target high-technology employers with high levels of human capital. Copyright 2013 The Author 2013. Published by Oxford University Press on behalf of Associazione ICC., Oxford University Press.

Date: 2013
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