The long-run impact of human capital on innovation and economic development in the regions of Europe

By C. Diebolt, R. Hippe. Applied Economics, 2018

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ABSTRACT Human capital is supposed to be an important factor for innovation and economic development. However, the long-run impact of human capital on current innovation and economic development is still a black box, in particular at the regional level. Therefore, this paper makes the link between the past and the present. Using a large new dataset on regional human capital and other factors in the 19th and 20th century, we find that past regional human capital is a key factor explaining current regional disparities in innovation and economic development.

Subfields: Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/8d1e0951330f2a66feacc0b875fc80ab3677a72b