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The Effects of Colleges and Universities on Local Labor Markets

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  • Beeson, Patricia
  • Montgomery, Edward B
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    Abstract

    There is little systematic evidence documenting a relationship between colleges and universities and local economies. Using Census data for 218 SMSAs, this paper examines the relationship between various measures of university quality and local labor market conditions. The authors find that area employment growth rates and the percentage of the work force employed as scientists and engineers are positively and significantly related to measures of university quality. However, the data can not reject the hypothesis that university quality has no significant effect on area income, the employment rate, net migration rates, or even the share of employment in high-tech industries. Copyright 1993 by MIT Press.

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    Bibliographic Info

    Article provided by MIT Press in its journal Review of Economics & Statistics.

    Volume (Year): 75 (1993)
    Issue (Month): 4 (November)
    Pages: 753-61

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    Handle: RePEc:tpr:restat:v:75:y:1993:i:4:p:753-61

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    Web page: http://mitpress.mit.edu/journals/

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    Web: http://mitpress.mit.edu/journal-home.tcl?issn=00346535

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    Cited by:
    1. Do, Chau, 2004. "The effects of local colleges on the quality of college attended," Economics of Education Review, Elsevier, vol. 23(3), pages 249-257, June.
    2. Varga, Attila, 2004. "Az egyetemi kutatások regionális gazdasági hatásai a nemzetközi szakirodalom tükrében
      [Regional economic effects of university researches in the light of international literature]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 259-275.
    3. Rego, Conceição & Caleiro, António, 2009. "On the spatial diffusion of knowledge by universities located in small and medium sized towns," MPRA Paper 16241, University Library of Munich, Germany.
    4. Beeson, Patricia E. & DeJong, David N. & Troesken, Werner, 2001. "Population growth in U.S. counties, 1840-1990," Regional Science and Urban Economics, Elsevier, vol. 31(6), pages 669-699, November.
    5. Michael J. Rizzo, 2005. "The public interest in higher education," Proceedings, Federal Reserve Bank of Cleveland, pages 19-45.
    6. Franta, Michal & Guzi, Martin, 2012. "Unequal Access to Higher Education in the Czech Republic: The Role of Spatial Distribution of Universities," IZA Discussion Papers 6285, Institute for the Study of Labor (IZA).
    7. Yolanda K. Kodrzycki, 1999. "Geographic shifts in higher education," New England Economic Review, Federal Reserve Bank of Boston, issue Jul, pages 27-47.
    8. Anselin, Luc & Varga, Attila & Acs, Zoltan, 1997. "Local Geographic Spillovers between University Research and High Technology Innovations," Journal of Urban Economics, Elsevier, vol. 42(3), pages 422-448, November.
    9. Stephen Malpezzi, 2001. "NIMBYs and Knowledge: Urban Regulation and the "New Economy"," Wisconsin-Madison CULER working papers 01-6, University of Wisconsin Center for Urban Land Economic Research.
    10. Edward B. Montgomery, 1993. "Pattern in Regional Labor Market Adjustment: The United States vs. Japan," NBER Working Papers 4414, National Bureau of Economic Research, Inc.
    11. Maria Abreu & Alessandra Faggian & Philip McCann, 2011. "Migration and inter-industry mobility of UK graduates: Effect on earnings and career satisfaction," ERSA conference papers ersa11p118, European Regional Science Association.
    12. Shawn Kantor & Alexander Whalley, 2009. "Do Universities Generate Agglomeration Spillovers? Evidence from Endowment Value Shocks," NBER Working Papers 15299, National Bureau of Economic Research, Inc.
    13. Malpezzi, Stephen, 2001. "NIMBYs and Knowledge: Urban Regulation and the "New Economy"," Berkeley Program on Housing and Urban Policy, Working Paper Series qt7d81r1v9, Berkeley Program on Housing and Urban Policy.

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