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Cited by 1,045

The DOI matches its Crossref record; 18 of the 18 references it cites were found in a registry or an index.

Smart Cities: Quality of Life, Productivity, and the Growth Effects of Human Capital

Shapiro, Jesse M·2006·Review of Economics and Statistics

Abstract

From 1940 to 1990, a 10% increase in a metropolitan area's concentration of college-educated residents was associated with a 0.8% increase in subsequent employment growth. Instrumental variables estimates support a causal relationship between college graduates and employment growth, but show no evidence of an effect of high school graduates. Using data on growth in wages, rents, and house values, I calibrate a neoclassical city growth model and find that roughly 60% of the employment growth effect of college graduates is due to enhanced productivity growth, the rest being caused by growth in the quality of life. This finding contrasts with the common argument that human capital generates employment growth in urban areas solely through changes in productivity.

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Metadata

Authors
Shapiro, J. M.
Venue
Review of Economics and Statistics
Published
2006-05
Volume
88
Issue
2
Pages
324-335
ISSN
  • 0034-6535 (ISSN-L)
  • 1530-9142
OpenAlex
W2891344047
Cited by
1,045
References
18
FWCI
61.32
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Smart Cities: Quality of Life, Productivity, and the Growth Effects of Human Capital. https://app.cochat.ai/papers/10.1162/rest.88.2.324
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Shapiro, J. M. (2006). Smart Cities: Quality of Life, Productivity, and the Growth Effects of Human Capital. Review of Economics and Statistics. https://doi.org/10.1162/rest.88.2.324

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.