区域经济学regional economic development第五章参考.pptVIP

The authors find that the returns to education above the elementary level by region are Direct Indirect Coastal 0.123 0.280 Northeast 0.084 0.277 Far West 0.185 0.232 Interior 0.186 0.282 National 0.144 0.261 These are very significant numbers. The authors argue that human capital affects output in three ways: Educated labour directly contributes to production The proportion of workers with senior high school or above directly affects TFP growth via its effect on innovation. There is an indirect spillover effect of human capital on TFP growth. The overall conclusion of the paper is that h