Arbeitspapier
The role of firm-level and regional human capital for the social returns to education: evidence from German social security data
This paper provides first evidence on the anatomy of human capital externalities arising from both firm-level and regional human capital. Using panel data from German social security records, both at an individual and aggregated at the plant and regional level, I estimate earnings functions incorporating measures of regional and firm-level human capital while controlling for various types of unobserved heterogeneity. The results suggest that the firm-level share of high-skilled workers generates positive, although small social returns to education for low-skilled and skilled workers but not for the high-skilled. This finding is in line with learning based theories of human capital externalities. Some estimates also suggest negative social returns for the regional shares of low-skilled workers. No such effects are found for the firm-level shares of low-skilled workers and the regional shares of high-skilled workers.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper Series in Economics ; No. 126
- Klassifikation
-
Wirtschaft
Externalities
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- Thema
-
Human capital externalities
social returns to education
error-component model
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Braakmann, Nils
- Ereignis
-
Veröffentlichung
- (wer)
-
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre
- (wo)
-
Lüneburg
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Braakmann, Nils
- Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre
Entstanden
- 2009
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