The Geography and Determinants of Regional Human Capital in Eight Latin American and Caribbean Countries

Francisco Rowe ()
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Francisco Rowe: School of Geography, Planning and Environmental Management

Chapter Chapter 17 in Regional Problems and Policies in Latin America, 2013, pp 379-405 from Springer

Abstract: Abstract There is broad consensus concerning the importance of human capital in economic development (Lucas 1988; Barro 1992). Human capital accumulation stimulates economic growth and development through direct and indirect transmission channels (Lucas 1988; Mathur 1999). A large endowment of highly educated individuals in a region plays a key role in local economic performance, accelerating the rate of technological change, innovations, diffusion inventions and emergence of entrepreneurs (Mathur 1999; Desrochers and Leppäla 2011). Spatial concentration of human capital also promotes knowledge spill overs, enhancing the linkages between new ideas, technology and economic development (Jacobs 1969).

Keywords: Human Capital; Employment Growth; Human Capital Accumulation; Spatial Concentration; Creative Class (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-3-642-39674-8_17

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