2012
DOI: 10.1080/00343404.2010.543893
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Profitability of Investments in Education: Evidence from Spanish Regions

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Cited by 5 publications
(4 citation statements)
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“…Nonetheless, the results of the cross‐sectional regression analysis suggest that lagging regions seem to catch up in terms of intangibles GVA per employee. It might well be the case that lagging regions benefit more from this type of assets as (see for instance, the studies of López‐Bazo & Moreno and López‐Bazo & Motellon about the spatial effects of human capital). However, this convergence process in intangibles GVA per employee is not sufficient to override the divergence in overall labour productivity.…”
Section: Resultsmentioning
confidence: 99%
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“…Nonetheless, the results of the cross‐sectional regression analysis suggest that lagging regions seem to catch up in terms of intangibles GVA per employee. It might well be the case that lagging regions benefit more from this type of assets as (see for instance, the studies of López‐Bazo & Moreno and López‐Bazo & Motellon about the spatial effects of human capital). However, this convergence process in intangibles GVA per employee is not sufficient to override the divergence in overall labour productivity.…”
Section: Resultsmentioning
confidence: 99%
“…It aspires to make a contribution to the regional convergence literature, which often overlooks the presence of intangibles on the left hand‐side of the production equation as part of the GVA. Furthermore, the analysis will allow us to consider the role spatial heterogeneity in determining the effects of intangible assets, an issue that has received attention from a growing number of studies (López‐Bazo & Moreno ; López‐Bazo & Motellon ; Manca ). The first priority is to allocate the national expenditure on intangible assets across regions.…”
Section: Introductionmentioning
confidence: 99%
“…Several studies have examined the impact of intangible assets on regions (Iammarino et al , 2012; Schiller and Diez, 2012; López-Bazo and Moreno, 2012). Their results also confirm that human capital, technological capital and knowledge diffusion have a positive influence on regional economic growth.…”
Section: Literature Backgroundmentioning
confidence: 99%
“…The PISA scores [international testing entered by the Organisation for Economic Co-operation and Development (OECD) in 2000] have the advantage of their international comparability and are aimed at evaluating competencies and skills rather than locally designed academic goals. In addition, the focus on middle-school students is of special interest in the case of AEA 30,90 Spain, given the importance of secondary education in the Spanish labor market (L opez-Bazo and Moreno, 2012).…”
Section: Introductionmentioning
confidence: 99%