Human Capital, Higher Education Institutions, and Quality of Life

Winters, John

Human Capital, Higher Education Institutions, and Quality of Life

MPRA Paper from University Library of Munich, Germany

Abstract: This paper considers the effects of the local human capital level and the presence of higher education institutions on the quality of life in U.S. metropolitan areas. The local human capital level is measured by the share of adults with a college degree, and the relative importance of higher education institutions is measured by the share of the population enrolled in college. This paper finds that quality of life is positively affected by both the local human capital level and the relative importance of higher education institutions. Furthermore, these effects persist when these two measures are considered simultaneously, even though the two are highly correlated. That is the human capital stock and higher education institutions have a shared effect and also separate effects on quality of life.

Keywords: human capital; higher education; college towns; quality of life; amenities (search for similar items in EconPapers)
JEL-codes: J31 R13 R23 (search for similar items in EconPapers)
Date: 2011-01-28
New Economics Papers: this item is included in nep-edu, nep-hap, nep-lab and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (37)

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Related works:
Journal Article: Human capital, higher education institutions, and quality of life (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28484

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