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Universities in the regional economy. Evidence from Swedish employer-employee linked data

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  • Persson, Helena

    ()
    (Swedish Institute for Social Research, Stockholm University)

  • Regnér, Håkan

    ()
    (The Swedish Confederation of Professional Associations)

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    Abstract

    This study uses employer-employee linked data on all Swedish firms to analyze the impact of a college on the local economy. It focuses on colleges established in the 1970s and measures the effects 20 years after the establishment. The results show that there are no significant effects on survival rate of establishments, overall employment growth, overall growth of college graduates or employment growth in OECD defined high-tech industries. The results do not support the political motives behind the establishment and they reject the hypothesis of large regional spillovers from a college. But it is also possible that it takes more than 20 years before a university has a significant impact on regional development.

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    Bibliographic Info

    Paper provided by Swedish Institute for Social Research in its series Working Paper Series with number 7/2004.

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    Length: 32 pages
    Date of creation: 02 Nov 2004
    Date of revision:
    Handle: RePEc:hhs:sofiwp:2004_007

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    Keywords: college education; labour demand; regional employment;

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    References

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    1. Steven J. Davis & John C. Haltiwanger & Scott Schuh, 1998. "Job Creation and Destruction," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262540932, December.
    2. Roland Andersson & John M. Quigley & Mats Wilhelmson, 2004. "University decentralization as regional policy: the Swedish experiment," Journal of Economic Geography, Oxford University Press, vol. 4(4), pages 371-388, August.
    3. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-99, June.
    4. 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.
    5. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
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