Book/Printed Material Smart cities quality of life, productivity, and the growth effect of human capital

Title

• Smart cities quality of life, productivity, and the growth effect of human capital

Summary

• "From 1940 to 1990, a 10 percent increase in a metropolitan area's concentration of college-educated residents was associated with a .8 percent increase in subsequent employment growth. Instrumental variables estimates support a causal relationship between college graduates and employment growth, but show no evidence of an effect of high school graduates. Using data on growth in wages, rents and house values, I calibrate a neoclassical city growth model and find that roughly 60 percent of the employment growth effect of college graduates is due to enhanced productivity growth, the rest being caused by growth in the quality of life. This finding contrasts with the common argument that human capital generates employment growth in urban areas solely through changes in productivity"--National Bureau of Economic Research web site.

Names

• Shapiro, Jesse
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2005.

Headings

• -  Cities and towns--Growth
• -  Education--Economic aspects
• -  Human capital
• -  Labor productivity
• -  Quality of life

Notes

• -  Title from PDF file as viewed on 9/28/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005620323
• http://papers.nber.org/papers/W11615 External

Library of Congress Control Number

• 2005620323

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005620323

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record