Human Capital

CESIS Electronic Working Paper Series Paper none 50 clement Capital, R&D and Regional exportation Perfor small-armce 1 urban Gråsjö (HTU/JIBS) Dec 2005 The Royal Institute of engineering Centre of Excellence for cognizance and Innovation Studies http://www.infra.kth.se/cesis/cesis/publications/working_ wall opuss/index.htm Corresponding causation: urban.grasjo@htu.se 1 Status of the paper: This paper is part of urban Grasjös dissertation and allow be presented at a final seminar at Jönkö impinge on outside(a) Business School (JIBS) in January 2006 1 Human capital, R&D and Regional Export Performance Urban Gråsjö2 Abstract The main design of the study in this paper is to establish to what extent approachability to R&D and benevolent beings capital can explain regional export. This is done by estimating knowledge production functions, with export rate and heights treasured exports in Swedish municipalities from 1997 to 1999 as outputs. In golf ordering to account for geographical proximity, the explanatory variables be expressed as accessibilities to R&D and kind-hearted capital. The total accessibility is divided up into terzetto geographical levels; local (within the municipality), intra-regional and inter-regional accessibility to R&D and human capital. R&D conducted at universities and in companies is mensurable in man years and the numbers of people with at least troika years of university studies measures the amount of human capital. The estimations ar conducted with quantile regressions since the distributions of the dependent variables are highly skewed with a few very influential outliers. Due to problems with multicollinearity it is not easy to enumerate if the variations in the municipalities exports are explained by human capital or company R&D. But the results in the paper demo that accessibility to human capital has the greatest positive effects. The value of exported products is mainly affected by local acc essibility to human capital (and company R&D! ). The intra- and inter-regional accessibilities play a more...If you fatality to get a fully essay, order it on our website: OrderEssay.net

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