Arbeitspapier

The production and stock of college graduates for U.S. States

The stock of human capital in an area is important for regional economic growth and development. However, highly educated workers are often quite mobile, and there is a concern that public investments in college graduates may not benefit the state if the college graduates leave the state after finishing their education. This paper examines the relationship between the production of college graduates from a state and the stock of college graduates residing in the state using microdata from the decennial census and American Community Survey. The relationship is examined across states and across cohorts within states. The descriptive analysis suggests that the relationship between the production and stock of college graduates has increased over time and is nearly proportional in recent years. Instrumental variables methods are used to estimate causal effects. The preferred instrumental variables results yield an average point estimate for the production-stock relationship of 0.52, but the effect likely decreases with age.

Sprache
Englisch

Erschienen in
Series: Upjohn Institute Working Paper ; No. 15-246

Klassifikation
Wirtschaft
Education and Economic Development
Human Capital; Skills; Occupational Choice; Labor Productivity
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
Thema
college graduates
human capital
migration
higher education policy

Ereignis
Geistige Schöpfung
(wer)
Winters, John V.
Ereignis
Veröffentlichung
(wer)
W.E. Upjohn Institute for Employment Research
(wo)
Kalamazoo, MI
(wann)
2015

DOI
doi:10.17848/wp15-246
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Winters, John V.
  • W.E. Upjohn Institute for Employment Research

Entstanden

  • 2015

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