Human Capital and Regional Development

Nicola Gennaioli, Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer

NBER Working Paper No. 17158
Issued in June 2011, Revised in December 2011

---- Acknowledgments ----

We are grateful to Nicolas Ciarcia, Nicholas Coleman, Sonia Jaffe, Konstantin Kosenko, Francisco Queiro, and Nicolas Santoni for dedicated research assistance over the past 5 years. We thank Gary Becker, Nicholas Bloom, Vasco Carvalho, Edward Glaeser, Gita Gopinath, Josh Gottlieb, Elhanan Helpman, Chang-Tai Hsieh, Mathew Kahn, Pete Klenow, Robert Lucas, Casey Mulligan, Elias Papaioannou, Jacopo Ponticelli, Giacomo Ponzetto, Jesse Shapiro, Chad Syverson, David Weil, and seminar participants at the UCLA Anderson School, Harvard University, University of Chicago, and NBER for extremely helpful comments. Gennaioli thanks the Barcelona Graduate School of Economics and the European Research Council for financial support. Shleifer thanks the Kauffman Foundation for support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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