Trade in University Training: Cross-State Variation in the Production and Use of College-Educated Labor / John Bound, Jeffrey Groen, Gabor Kezdi, Sarah Turner.

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Bound, John

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Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w8555.Publication details: Cambridge, Mass. National Bureau of Economic Research 2001.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: The main question addressed in this analysis is how the production of undergraduate and graduate education at the state level affects the local stock of university-educated workers. The potential mobility of highly skilled workers implies that the number of college students graduating in an area need not affect the number of college graduates living in the area. However, the production of relatively large numbers of college and university graduates in an area may lead to increases in the employment of university-trained manpower if local industries expand production of goods that use college-educated workers intensively. Using data from the U.S., we find a modest link between the production and use of BA degree recipients; states awarding relatively large numbers of BA degrees in each cohort also have somewhat higher concentrations of college-educated workers.

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Previous	nber w8552 Firm Age and Wages /	nber w8553 Aging and International Capital Flows /	nber w8554 Theoretical and Empirical properties of Dynamic Conditional Correlation Multivariate GARCH /	nber w8555 Trade in University Training: Cross-State Variation in the Production and Use of College-Educated Labor /	nber w8556 Changes in the Age Distribution of Mortality Over the 20th Century /	nber w8557 The Market for Crash Risk /	nber w8558 Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries on the U.S.-Canada Border /	Next

October 2001.

The main question addressed in this analysis is how the production of undergraduate and graduate education at the state level affects the local stock of university-educated workers. The potential mobility of highly skilled workers implies that the number of college students graduating in an area need not affect the number of college graduates living in the area. However, the production of relatively large numbers of college and university graduates in an area may lead to increases in the employment of university-trained manpower if local industries expand production of goods that use college-educated workers intensively. Using data from the U.S., we find a modest link between the production and use of BA degree recipients; states awarding relatively large numbers of BA degrees in each cohort also have somewhat higher concentrations of college-educated workers.