Eppelsheimer, Johann and Jahn, Elke J. and Rust, Christoph (2022) The spatial decay of human capital externalities- A functional regression approach with precise geo-referenced data. REGIONAL SCIENCE AND URBAN ECONOMICS, 95: 103785. ISSN 0166-0462, 1879-2308
Full text not available from this repository. (Request a copy)Abstract
This paper analyzes human capital externalities from high-skilled workers by applying functional regression to precise geocoded register data. Functional regression enables us to describe the concentration of high-skilled workers around workplaces as continuous curves and to efficiently estimate a spillover function determined by distance. Furthermore, our rich panel data allow us to address the sorting of workers and disentangle human capital externalities from supply effects by using an extensive set of time-varying fixed effects. Our estimates reveal that human capital externalities attenuate with increasing distance and disappear after 25 km. Externalities from the immediate neighborhood of an establishment are twice as large as externalities from surroundings 10 km away.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | INEQUALITY; DYNAMICS; WORKERS; CITIES; RETURN; RATES; Human capital externalities; Functional regression; Geodata; Wages |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Ökonometrie (Prof. Dr. Rolf Tschernig) |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 26 Jan 2024 11:52 |
| Last Modified: | 26 Jan 2024 11:52 |
| URI: | https://pred.uni-regensburg.de/id/eprint/57602 |
Actions (login required)
 |
View Item |
