Local multipliers and human capital in the United States and Sweden
2013 (English)In: Industrial and Corporate Change, ISSN 0960-6491, E-ISSN 1464-3650, Vol. 22, no 1, 339-362 p.Article in journal (Refereed) Published
We show that every time a local economy generates a new job by attracting a new business in the traded sector, a significant number of additional jobs are created in the non-traded sector. This multiplier effect is particularly large for jobs with high levels of human capital and for high-technology industries. These findings are important for local development policies, as they suggest that to increase local employment levels, municipalities should target high-technology employers with high levels of human capital.
Place, publisher, year, edition, pages
2013. Vol. 22, no 1, 339-362 p.
Economics and Business
IdentifiersURN: urn:nbn:se:kth:diva-118598DOI: 10.1093/icc/dts051ISI: 000314117600012ScopusID: 2-s2.0-84873854349OAI: oai:DiVA.org:kth-118598DiVA: diva2:607192
QC 201302222013-02-222013-02-212013-09-12Bibliographically approved