Staff Reports
Human Capital and Economic Activity in Urban America
July 2008 Number 332
Revised February 2010
JEL classification: R11, J24, O40

Authors: Jaison R. Abel and Todd M. Gabe

We examine the relationship between human capital and economic activity in U.S. metropolitan areas, extending the literature in two ways. First, we utilize new data on metropolitan area GDP to measure economic activity. Results show that a one-percentage-point increase in the proportion of residents with a college degree is associated with about a 2 percent increase in metropolitan area GDP per capita. Second, we develop measures of human capital that reflect the types of knowledge within U.S. metropolitan areas. Regional knowledge stocks related to the provision of producer services and information technology are important determinants of economic vitality.

Available only in PDFPDF33 pages / 178 kb

For a published version of this report, see Jaison R. Abel and Todd M. Gabe, "Human Capital and Economic Activity in Urban America," Regional Studies 45, no. 8 (September 2011): 1079-90.

By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement.   Close