ESTIMATING THE IMPACT OF THE POPULATION DENSITY AND THE SIZE OF REGIONAL MARKETS ON WAGE LEVEL AND WAGE RATES IN RUSSIAN REGIONS
A.V. Koritskiy, V.A. Semenikhina
Novosibirsk State University of Architecture and Civil Engineering, Leningradskaya st., 113, Novosibirsk, Novosibirsk region, 630008
Keywords: человеческий капитал, географические агломерации, экстерналии, human capital, geographic agglomeration, externalities
Abstract
The authors analyze the impact of educational level, the size of the regional market and occupational level of Russian regions on wage level and rates. Significant positive relationship between the population density, educational level of the employed population and wage rates of the employed population is found out. The authors conclude that agglomeration effects caused by the concentration of population in cities as well as the population size in the regions and its wage rates have a positive impact on Russian population’s wage rates.
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