PROFITABILITY OF INVESTMENTS IN EDUCATION. EVIDENCE FROM SPANISH REGIONS

Rosina Moreno (1) , Enrique López-Bazo (2)

1 Econometric, Statistics and Spanish Economy
2 econometrics, statistics and spanish economy

The objective of this paper is to furnish new evidence concerning the aggregate profitability of the accumulation of educational human capital. In addition to the traditional measure of the return to human capital, combining the information on its shadow price with the social cost of providing education allows us to confirm the profitability of investments in education as a tool for promoting economic growth. The possibility of obtaining estimations of these effects for each Spanish region enables us to empirically evaluate the amount of heterogeneity across regions in the effects of human capital.

Mots clés: Social Sciences & Humanities

Domaines: Science politique

Rosina Moreno, Enrique López-Bazo. PROFITABILITY OF INVESTMENTS IN EDUCATION. EVIDENCE FROM SPANISH REGIONS. Regional Studies, 2011, pp.1. ⟨10.1080/00343404.2010.543893⟩. ⟨hal-00677964⟩