Human capital externalities: evidence from the transition economy of Russia

Muravyev, Alexander. (2008). Human capital externalities: evidence from the transition economy of Russia. Economics of Transition, 16(3), 415-443.

Citation:

Muravyev, Alexander. (2008). Human capital externalities: evidence from the transition economy of Russia. Economics of Transition, 16(3), 415-443.

Citation Export File (RIS Format):
Octet Stream icon

340.ris — Octet Stream, 1 kB (1026 bytes)

Abstract:

The paper tests for the existence of human capital externalities using a micro-level approach: the Mincerian wage regression augmented with the average level of education in cities. To solve identification problems arising from the endogeneity of average education, the study exploits a natural experiment provided by the process of economic transition: average education at the end of communism can be seen as exogenous in respect of wages prevailing after the start of transition. Our empirical results based on the RLMS data show that a 1 percentage point increase in the share of city residents with a university degree results in an increase of wages of city residents by about 1 percent.

URL:

http://dx.doi.org/10.1111/j.1468-0351.2008.00330.x

Keyword(s):

Notes:

Reference Type:
JOUR

Secondary Title:

Series Title:

Author(s):
Muravyev, Alexander

Editor(s):

Series Author(s):

Year Published:
2008

Date Published:

Journal Name:
Economics of Transition

Volume Number:
16

Issue Number:
3

Start Page Number:
415-443

End Page Number:

Edition:

Series Volume:

Publisher:

City of Publication:

ISSN/ISBN:
09670750

DOI:
10.1111/j.1468-0351.2008.00330.x

PMCID:

NIHMSID:

Reference ID:
340

Miscellaneous:

Personal tools

Human capital externalities: evidence from the transition economy of Russia