EconPapers    
Economics at your fingertips  
 

Human Capital and Regional Development

Nicola Gennaioli, Rafael La Porta, Florencio Lopez-de-Silanes () and Andrei Shleifer

The Quarterly Journal of Economics, 2013, vol. 128, issue 1, 105-164

Abstract: We investigate the determinants of regional development using a newly constructed database of 1,569 subnational regions from 110 countries covering 74% of the world's surface and 97% of its GDP. We combine the cross-regional analysis of geographic, institutional, cultural, and human capital determinants of regional development with an examination of productivity in several thousand establishments located in these regions. To organize the discussion, we present a new model of regional development that introduces into a standard migration framework elements of both the Lucas (1978) model of the allocation of talent between entrepreneurship and work, and the Lucas (1988) model of human capital externalities. The evidence points to the paramount importance of human capital in accounting for regional differences in development, but also suggests from model estimation and calibration that entrepreneurial inputs and possibly human capital externalities help understand the data. JEL Codes: O110, R110, I250. Copyright 2013, Oxford University Press.

Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (370)

Downloads: (external link)
http://hdl.handle.net/10.1093/qje/qjs050 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Human Capital and Regional Development (2015) Downloads
Working Paper: Human capital and regional development (2012) Downloads
Working Paper: Human Capital and Regional Development (2011) Downloads
Working Paper: Human Capital and Regional Development Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:128:y:2013:i:1:p:105-164

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2025-03-24
Handle: RePEc:oup:qjecon:v:128:y:2013:i:1:p:105-164