Local multipliers and human capital in the United States and Sweden

By Enrico Moretti, Per Thulin. 2013

173 citations recorded by the source corpus.

We show that every time a local economy generates a new job by attracting a new business in the traded sector, a significant number of additional jobs are created in the non-traded sector. This multiplier effect is particularly large for jobs with high levels of human capital and for high-technology industries. These findings are important for local development policies, as they suggest that to increase local employment levels, municipalities should target high-technology employers with high levels of human capital. Copyright 2013 The Author 2013. Published by Oxford University Press on behalf of Associazione ICC., Oxford University Press.

Subfields: Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/a82fd4b34f412c9f33f3a6a9986fcfdba51ae4ea

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Citations in the corpus

African Mining, Gender, and Local Employment (2014, background): “However, the multipliers for tradables depend on local changes in labor costs, since tradable goods have prices set nationally or internationally (Moretti, 2010; Moretti and Thulin, 2013).”
The impact of automation on employment: just the usual structural change? (2018, background): “Fourthly, there are local demand spillovers, such as demand for doctors, hair stylists, and waiters [13,15,34].”
Do low-skilled workers gain from high-tech employment growth? High-technology multipliers, employment and wages in Britain (2019, background): “Well-paid, high-skilled workers in industries like tech have more money to spend locally than less wellpaid workers (Moretti and Thulin, 2013).”
Racing with or Against the Machine? Evidence from Europe (2016, unknown): “4Reduced-form empirical estimates indeed provide evidence for the existence of such spillovers for both the U.S. (Moretti 2010; Moretti and Thulin 2013) and Europe (Goos et al. 2015).”