The economic effect of age and education on the regional flows of Black human capital

This paper quantifies and analyzes the flow of human capital caused by the migration of Blacks within the U.S. over time. Detailed characteristics of migration flows for Blacks moving in and out of each of the nine divisions in the U. S. were determined and multiplied by the appropriate value of human capital (discounted earnings approach). These flows were then summed to determine the aggregate inter-regional flows of Black human capital. The effects of age and education on these flows are analyzed as are the probable effects of such flows on regional economic growth.Results of the study show that there is a significant ageeducation interaction effect for Blacks. In addition, these interregional flows suggest that there is a substantial flow of Black human capital from the South to the North and West, and from the North to the West. Significant losses in Black human capital on the part of the South have several rather important public policy implications.