Recent studies of rural manufacturing employment have presented conflicting evidence about the relationship between human capital and local economic development at a time when competing claims for local investment funds could potentially undermine support for public education. The purpose of this paper is to: (1) develop the conceptual linkage…

This policy paper explores the nature and significance of human capital development. Its intended audience includes policymakers, students and researchers, and citizens who bear the ultimate responsibility for public policy. An introductory section defines human capital broadly to include all productive capacities acquired at some cost and…