Higher education, human capital, and regional dynamics in Southern Europe

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Publication Details

Author list: Biscaia, R., Teixeira, P., Rocha, V., & Cardoso, M.F.
Publisher: Springer International Publishing
Publication year: 2017
Issue number: 9783319498171
Start page: 323
End page: 344
Number of pages: 22
ISBN: 9783319498171
Languages: English-Great Britain (EN-GB)


Abstract

Although the term “human capital” has remote historical roots, being
already widespread in the writings of the founding fathers of economic
analysis, it was during the second half of the twentieth century that an
increasing debate around human capital emerged among scholars. The
increasing relevance of human capital for economic growth was also
associated with the role of technology and its impact in enhancing the
demand for more and better qualified workers. However, the capacity of
societies to take advantage of those investments has been found to be
more complex and uncertain than it was initially portrayed. A more
recent line of research started recognizing the potential role of human
capital also at the regional level. In this chapter we aim at
understanding the role of human capital on regional convergence for
Southern Europe countries, with particular emphasis in recent empirical
studies. We discuss the role of human capital in the framework of growth
convergence theories and the issue of human capital migration as a
potential factor influencing regional disparities in Europe. Then we
focus on an important component of human capital formation—the role of
higher education institutions at the regional level and we review the
empirical findings on these issues in the context of Southern Europe
(Greece, Italy, Portugal, and Spain). Finally we provide a brief
exploratory analysis of the potential association between the education
of the population and the GDP per capita at the regional-level for those
four countries. © 2017, Springer International Publishing AG.


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Education


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Last updated on 2019-13-08 at 00:50