Research " Exploring the Human Capital Contribution to Productivity, Profitability, and the Market Evaluation of the Firm "

Exploring the Human Capital Contribution to Productivity, Profitability, and the Market Evaluation of the Firm Either of these effects would imply upward bias in estimates of 1 ϕ relative to the effect of interest. To the extent that they are thought to be important, the results presented in Table 1.4, 1.5, and 1.6 should be seen as upper bounds on the effect of Tiebout choice on parental effectiveness sorting.