Working Paper BETA #2016-31

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Title : The long-run impact of human capital on innovation and economic development in the regions of Europe

Author(s) : Claude Diebolt, Ralph Hippe

Abstract : Human capital is supposed to be an important factor for innovation and economic development. However, the long-run impact of human capital on current innovation and economic development is still a black box, in particular at the regional level. Therefore, this paper makes the link between the past and the present. Using a large new dataset on regional human capital and other factors in the 19th and 20th century, we find that past regional human capital is a key factor explaining current regional disparities in innovation and economic development.

Key-words : Human Capital, Economic Development, Innovation, Regions, Europe.

JEL Classification : I25, N90, O18, R11.