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Local multipliers and human capital in the United States and Sweden
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Entrepreneurship and innovation.ORCID iD: 0000-0001-8377-1633
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
Abstract [en]

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.
National Category
Economics and Business
URN: urn:nbn:se:kth:diva-118598DOI: 10.1093/icc/dts051ISI: 000314117600012ScopusID: 2-s2.0-84873854349OAI: diva2:607192

QC 20130222

Available from: 2013-02-22 Created: 2013-02-21 Last updated: 2013-09-12Bibliographically approved

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