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The Role of Universities in Economic Development of Russian Regions

Author

Listed:
  • Alexey A. Egorov

    (National Research University Higher School of Economics)

  • Oleg V. Leshukov

    (National Research University Higher School of Economics)

  • Alexander D. Gromov

    (National Research University Higher School of Economics)

Abstract

This paper analyses the contribution of higher education institutions (HEI) in Russia to gross regional product (GRP) growth. We explore the relationship between higher education coverage and rates of economic growth based on longitudinal economic growth models which are pooled regression, fixed effects, and regression with simultaneous fixed and spatial effects. In addition to the influence of HEI on economic growth, the model specifications also allow an investigation of the relationship between the territory accessibility of higher education and GRP growth, and the significance of higher education in regions with different structures of GRP. The main policy outcome of the paper is that universities can be considered as fully-fledged economic agents which make positive contributions to GRP growth. The development of regional higher education systems would lead to a positive effect on regional economic development

Suggested Citation

  • Alexey A. Egorov & Oleg V. Leshukov & Alexander D. Gromov, 2017. "The Role of Universities in Economic Development of Russian Regions," HSE Working papers WP BRP 41/EDU/2017, National Research University Higher School of Economics.
    • Handle: RePEc:hig:wpaper:41edu2017
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    References listed on IDEAS

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    Cited by:

    1. Tommaso Agasisti & Aleksei Egorov & Daria Zinchenko & Oleg Leshukov, 2018. "Universities’ Efficiency And Regional Economic Short-Run Growth: Empirical Evidence From Russia," HSE Working papers WP BRP 203/EC/2018, National Research University Higher School of Economics.
    2. Elena B. Dvoryadkina & Elena G. Efimova, 2019. "The spatial aspect of regional policy in the field of the vocational education system development," Upravlenets, Ural State University of Economics, vol. 10(6), pages 28-41, December.

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    More about this item

    Keywords

    higher education; economic growth; spatial effects; influence on GRP; regional economic development;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development

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