연구정보
[경영] Human Capital Externalities in Indonesian Cities
인도네시아 국외연구자료 연구보고서 Yoshihiro HASHIGUCHI, Takayuki HIGASHIKATA JETRO 발간일 : 2017-07-10 등록일 : 2019-08-28 원문링크
Using Indonesian plant-level manufacturing data for 1996 and 2006, this study estimates the external benefits of human capital investment. The external benefits are identified from the relationship between plant-level wages and city-level human capital stock, after controlling for workers’ skill levels, plant fixed effects, and time-varying industry fixed effects. Our results suggest that the degree of human capital externalities depends on the size of the urban population, and that such externalities do not occur in cities that either too large or too small. In the case of the Indonesian manufacturing industry, evidence of human capital externalities is observed in cities with a population of between 500 thousand and 1,500 thousand.
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