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Journal of Economic Geography Advance Access originally published online on April 12, 2005
Journal of Economic Geography 2005 5(5):545-566; doi:10.1093/jeg/lbh067
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Right arrow I21 - Analysis of Education
Right arrow J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Right arrow J28 - Safety; Job Satisfaction; Related Public Policy
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© The Author (2005) Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oxfordjournals.org

Education, migration, and job satisfaction: the regional returns of human capital in the EU

Andrés Rodríguez-Pose* and Montserrat Vilalta-Bufí**

* Department of Geography and Environment, London School of Economics, Houghton Street, London WC2A 2AE. email <a.rodriguez-pose{at}lse.ac.uk>
** Department of Economics and Economic History, Universitat Autònoma de Barcelona, Edifici B—Campus de la UAB, 08193 Bellaterra (Barcelona), Spain. email <mvilalta{at}idea.uab.es>

The paper looks at the link between human capital and regional economic performance in the EU. Using indicators of educational stock, the matching of educational supply and labour demand, and migration extracted from the European Community Household Panel (ECHP), it identifies that the economic performance of European regions over the last few years is generally associated with differences in human capital endowment. However, and in contrast to previous studies, the results highlight that factors such as the matching of educational supply and local labour needs, job satisfaction, and migration may have a stronger connection to economic performance than the traditional measures of educational stock.

Keywords: Human capital, education, educational supply, labour demand, job satisfaction, migration, regions, EU,
JEL classifications: O18, O40, O52, R10
Date submitted: 18 June 2004     Date accepted: 17 January 2005


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