Wage effects from changes in local human capital in Britain
Ioannis Kaplanis ()
Working Papers from Universitat Rovira i Virgili, Department of Economics
This paper examines the impact of local human capital on individualsâ€™ wages through external effects. Employing wage regressions, it is found that changes in individualsâ€™ wages are positively associated with changes in the shares of high-paid occupation workers in the British travel-to-work-areas for the late 1990s. I examine this positive association for different occupational groups (defined by pay) in order to disentangle between production function and consumer demand driven theoretical explanations. The wage effect is found to be stronger and significant for the bottom-paid occupational quintile compared to the middle-paid ones, and using also sectoral controls the paper argues to provide evidence for the existence of consumer demand effects.
Keywords: Mercat de treball; Salaris; Recursos humans; 331 - Treball. Relacions laborals. Ocupació. Organització del treball (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hrm, nep-lab and nep-lma
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Working Paper: Wage Effects from Changes in Local Human Capital in Britain (2010)
Working Paper: Wage effects from changes in local human capital in Britain (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:urv:wpaper:2072/179614
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