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on Evolutionary Economics |
| By: | Tom Broekel; Rune Dahl Fitjar; Silje Haus-Reve |
| Abstract: | Contemporary research highlights the importance of relatedness, diversity, and complexity for regional economic development. However, few empirical studies simultaneously test the relevance of all these dimensions or examine how their importance varies across distinct spatial contexts. The literature also concentrates on explaining regional diversification, whereas we know less about how they affect economic and employment growth. In addition, most studies have examined industrial relatedness at the expense of the at least similarly crucial occupational dimension when studying knowledge-based regional development. The chapter discusses these issues and presents a study on how occupational diversity, complexity and relatedness shape employment growth in Norway to illustrate how an occupational perspective on regional industries can add to the understanding of evolutionary economic development. |
| Keywords: | relatedness, diversity, complexity, occupation, region, Norway |
| JEL: | R11 O31 O33 J24 |
| Date: | 2021–11 |
| URL: | http://d.repec.org/n?u=RePEc:egu:wpaper:2135&r= |
| By: | Eric A. Hanushek; Babs Jacobs; Guido Schwerdt; Rolf van der Velden; Stan Vermeulen; Simon Wiederhold |
| Abstract: | The extensive literature on intergenerational mobility highlights the importance of family linkages but fails to provide credible evidence about the underlying family factors that drive the pervasive correlations. We employ a unique combination of Dutch survey and registry data that links math and language skills across generations. We identify a causal connection between cognitive skills of parents and their children by exploiting within-family between-subject variation in these skills. The data also permit novel IV estimation that isolates variation in parental cognitive skills due to school and peer quality. The between-subject and IV estimates of the key intergenerational persistence parameter are strikingly similar and close at about 0.1. Finally, we show the strong influence of family skill transmission on children’s choices of STEM fields. |
| Keywords: | intergenerational mobility, parent-child skill transmission, causality, STEM |
| JEL: | I24 I26 J12 J24 J62 |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:ces:ceswps:_9388&r= |