Do Higher College Graduation Rates Increase Local Education Levels?

John Winters

No 1503, Economics Working Paper Series from Oklahoma State University, Department of Economics and Legal Studies in Business

Abstract: College graduates are important for regional economies but also quite geographically mobile. This paper examines the relationship between college graduation rates among persons from a state (relative production) and the later share of college graduates for persons residing in the state (relative stock) using decennial census and American Community Survey microdata. The descriptive relationship has increased over time and is nearly proportional in recent years. Instrumental variables methods are used to estimate causal effects. The preferred IV results yield an average point estimate for the production-stock relationship of 0.52, but the effect likely decreases with age.

Keywords: college graduates; human capital; migration; higher education policy (search for similar items in EconPapers)
JEL-codes: I25 J24 R23 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2015-07, Revised 2015-12
New Economics Papers: this item is included in nep-hrm
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Citations: View citations in EconPapers (1)

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Journal Article: Do higher college graduation rates increase local education levels? (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:okl:wpaper:1503

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