Natural Beauty, Money, and the Distribution of Talent: A Local-Level Panel Data Analysis

Natural Beauty, Money, and the Distribution of Talent: A Local-Level Panel Data Analysis While factors affecting highly educated migrants are well documented, controversies on whether noneconomic or economic factors matter remain largely unexplored. This manuscript investigates the effects of natural amenities (water and forests) and economic forces (household income and unemployment rate) on talent distribution at the subcounty level. Natural amenities and economic forces were analyzed with respect to talent share empirically estimated at the municipal level in an amenity-rich lakes region of the North Central United States from 1970 to 2000. The limited panel data analysis results suggest that “natural beauty” (natural amenities) has no direct positive effect on talent share but that “money” (household income) matters. When interacting with “money,” water coverage has a positive effect on talent share. Unemployment rate generally does not have any effect on talent distribution. The finding has important implication for local policy making in attracting talent migrants. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Population Research and Policy Review Springer Journals

Natural Beauty, Money, and the Distribution of Talent: A Local-Level Panel Data Analysis

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Publisher
Springer Journals
Copyright
Copyright © 2012 by Springer Science+Business Media B.V.
Subject
Social Sciences; Demography; Sociology, general; Population Economics
ISSN
0167-5923
eISSN
1573-7829
D.O.I.
10.1007/s11113-012-9238-5
Publisher site
See Article on Publisher Site

Abstract

While factors affecting highly educated migrants are well documented, controversies on whether noneconomic or economic factors matter remain largely unexplored. This manuscript investigates the effects of natural amenities (water and forests) and economic forces (household income and unemployment rate) on talent distribution at the subcounty level. Natural amenities and economic forces were analyzed with respect to talent share empirically estimated at the municipal level in an amenity-rich lakes region of the North Central United States from 1970 to 2000. The limited panel data analysis results suggest that “natural beauty” (natural amenities) has no direct positive effect on talent share but that “money” (household income) matters. When interacting with “money,” water coverage has a positive effect on talent share. Unemployment rate generally does not have any effect on talent distribution. The finding has important implication for local policy making in attracting talent migrants.

Journal

Population Research and Policy ReviewSpringer Journals

Published: May 15, 2012

References

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