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The Effects Of Education, Infrastructure, And Demographics Variables On Regional Income Performance In Missouri, Carlos Rafael Morales
The Effects Of Education, Infrastructure, And Demographics Variables On Regional Income Performance In Missouri, Carlos Rafael Morales
Open Access Theses & Dissertations
The objective of this study is to examine the potential impacts of different educational attainment levels and infrastructure investment on income performance at the regional level within the state of Missouri. Data for all 114 counties in the state of Missouri are collected. Due to the presence of endogeneity, two-state least squares parameter estimation is carried. Results indicate income gains associated from increments in educational attainment levels. The effects of public capital stocks are not as clear-cut. Furthermore, enhancements of private capital stocks are related to higher income levels. Model simulations show the possible income gains from increasing educational attainment …