%0 Journal Article
%T Finding Externalities: An Empirical Study on the US Agricultural Industry
%A Chong-Uk Kim
%A Gieyoung Lim
%J Modern Economy
%P 592-595
%@ 2152-7261
%D 2013
%I Scientific Research Publishing
%R 10.4236/me.2013.49063
%X <p class=\"MsoNormal\">
	<span lang=\"EN-US\">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 </span><span lang=\"EN-US\">the </span><span lang=\"EN-US\">IT
industry to less-knowledge intensive workers in </span><span lang=\"EN-US\">the </span><span lang=\"EN-US\">agricultural
industry. According to our empirical findings, one well-educated IT worker
generates and contributes $11,000 to </span><span lang=\"EN-US\">the </span><span lang=\"EN-US\">agricultural industry, which implies that
the benefits of higher education are diffused from education beneficiaries to
the other member of society.</span>
</p>
%K Externality
%K Spillover Effects
%K Higher Education
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=36628