Human capital and per capita product: A comparison of US states

Saurav Dev Bhatta () and José Lobo ()
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Saurav Dev Bhatta: Urban Planning & Policy Program, University of Illinois at Chicago, 412 S.Peoria St., Chicago, IL 60607-7065, USA
José Lobo: Department of City and Regional Planning, Cornell University, 108 West Sibley Hall, Ithaca, NY, USA

Papers in Regional Science, 2000, vol. 79, issue 4, 393-411

Abstract: This article analyzes the extent to which human capital differences can explain the differences in gross state product (GSP) per capita levels between the richer and poorer states of the US. It uses 1990 Census and Bureau of Economic Analysis data on educational attainment, wage levels of different segments of the labor force, and GSP to compare New York - our representative rich state - with the poorest third of the states. The findings indicate that human capital differences explain at least 49% of the observed difference in GSP per capita between New York and each of the poor states.

Keywords: Human capital; US states; gross regional product; growth accounting (search for similar items in EconPapers)
JEL-codes: R11 (search for similar items in EconPapers)
Date: 2000-10-11
Note: Received: 19 May 1999
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Citations: View citations in EconPapers (13)

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