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Human capital and per capita product: A comparison of US states

Bhatta, Saurav Dev / Lobo, José

Abstract. This article analyzes the extent to which human capital differences can explain the differences in gross state product (GSP) per capita levels between the richer and poorer states of the US. It uses 1990 Census and Bureau of Economic Analysis data on educational attainment, wage levels of different segments of the labor force, and GSP to compare New York – our representative rich state – with the poorest third of the states. The findings indicate that human capital differences explain at least 49% of the observed difference in GSP per capita between New York and each of the poor states.

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Human capital and per capita product: A comparison of US states

Bhatta, Saurav Dev / Lobo, José

Abstract. This article analyzes the extent to which human capital differences can explain the differences in gross state product (GSP) per capita levels between the richer and poorer states of the US. It uses 1990 Census and Bureau of Economic Analysis data on educational attainment, wage levels of different segments of the labor force, and GSP to compare New York – our representative rich state – with the poorest third of the states. The findings indicate that human capital differences explain at least 49% of the observed difference in GSP per capita between New York and each of the poor states.

Human capital and per capita product: A comparison of US states

Bhatta, Saurav Dev / Lobo, José

Abstract. This article analyzes the extent to which human capital differences can explain the differences in gross state product (GSP) per capita levels between the richer and poorer states of the US. It uses 1990 Census and Bureau of Economic Analysis data on educational attainment, wage levels of different segments of the labor force, and GSP to compare New York – our representative rich state – with the poorest third of the states. The findings indicate that human capital differences explain at least 49% of the observed difference in GSP per capita between New York and each of the poor states.

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Title:

Human capital and per capita product: A comparison of US states

Contributors:

Bhatta, Saurav Dev (author) / Lobo, José (author)

Published in:

Papers in Regional Science ; 79

Publication date:

2000

ISSN:

DOI:

https://doi.org/10.1007/PL00011484

Type of media:

Article (Journal)

Type of material:

Print

Language:

English

Keywords:

Regionalökonomik , Regionalforschung , Theorie , Regionalwissenschaft

Classification:

BKL: 74.12 Stadtgeographie, Siedlungsgeographie

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