This paper searches for another empirical
evidence supporting positive externalities from higher education. Using state-level
US data on agriculture and IT industries, we find that there are positive
spillover effects from more-knowledge intensive workers in the IT
industry to less-knowledge intensive workers in the agricultural
industry. According to our empirical findings, one well-educated IT worker
generates and contributes $11,000 to the agricultural industry, which implies that
the benefits of higher education are diffused from education beneficiaries to
the other member of society.
Cite this paper
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