Replication data for: Knowledge Capital and Aggregate Income Differences: Development Accounting for US States

Principal Investigator(s): View help for Principal Investigator(s) Eric A. Hanushek; Jens Ruhose; Ludger Woessmann

Name	File Type	Size	Last Modified
GrowthAcc.dta	application/octet-stream	68.8 KB	10/12/2019 04:17:PM
LICENSE.txt	text/plain	14.6 KB	10/12/2019 04:17:PM
README.docx	application/vnd.openxmlformats-officedocument.wordprocessingml.document	14.8 KB	10/12/2019 04:17:PM
README.pdf	application/pdf	26.3 KB	10/12/2019 04:17:PM
appendixtablesandfigures.do	text/plain	21.4 KB	10/12/2019 04:17:PM
dataset.dta	application/octet-stream	262.5 KB	10/12/2019 04:17:PM
migrantselectivity.dta	application/octet-stream	25.2 KB	10/12/2019 04:17:PM
tablesandfigures.do	text/plain	42.6 KB	10/12/2019 04:17:PM

Project Citation:

Hanushek, Eric A., Ruhose, Jens, and Woessmann, Ludger. Replication data for: Knowledge Capital and Aggregate Income Differences: Development Accounting for US States. Nashville, TN: American Economic Association [publisher], 2017. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114144V1

Project Description

Summary: Improvement in human capital is often presumed to be important for state economic development, but little research links better education to state incomes. We develop detailed measures of worker skills in each state that incorporate cognitive skills from state- and country-of-origin achievement tests. These new measures of knowledge capital permit development accounting analyses calibrated with standard production parameters. Differences in knowledge capital account for 20-30 percent of the state variation in per capita GDP, with roughly even contributions by school attainment and cognitive skills. Similar results emerge from growth accounting analyses. These estimates support school improvement as a strategy for state economic development.

Scope of Project

JEL Classification:
      I25 Education and Economic Development
      I26 Returns to Education
      J24 Human Capital; Skills; Occupational Choice; Labor Productivity
      R11 Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
      R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics

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Published Versions

V1 [2019-10-12]

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