Productivity and the density of human capital

Auteurs :
ABEL, J.R.
DEY, I.
GABE, T.M.

Description :
The AA. estimate a model of urban productivity in which the agglomeration effect of density is enhanced by a metropolitan area's stock of human capital. Using new information on output per worker for U.S. metropolitan areas along with a measure of density that accounts for the spatial distribution of population, the AA. find that a doubling of density increases productivity by 2-4 percent. The elasticity of average labour productivity with respect with density increases with human capital. These patterns are pronounced in industries where the exchange of information and sharing of ideas are important parts of the production process.


Type de document :
Article de périodique

Source :
Journal of regional science, issn : 0022-4146, 2012, vol. 52, n°. 4, p. 562-586, nombre de pages : 25, Références bibliographiques : 1 p.

Date :
2012

Editeur :
Pays édition : Etats-Unis, Amherst, MA, Regional Science Research Institute