IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v16y2002i1p88-95.html
   My bibliography  Save this article

The Economic Impact of Educational Institutions: Issues and Methodology

Author

Listed:
  • Melanie Blackwell

    (Xavier University)

  • Steven Cobb

    (Xavier University)

  • David Weinberg

    (Xavier University)

Abstract

This article provides a framework for conducting economic analysis for educational institutions. Such institutions, because they affect future output and income through human capital formation, have effects beyond the usual form of economic impact. To date, we are aware of no published impact studies that have adequately dealt with this issue, and most have not effectively handled the traditional sources of impact as arise through the import substitution phenomenon (the impact from increased local source spending in the area caused by the institution’s presence.) This study demonstrates an approach to handling all three sources of impact (export, import substitution, and human capital) and provides a description of the data sources needed to conduct such a study. In addition, the authors include a case study of Xavier University’s impact to demonstrate the viability of their proposed methodology.

Suggested Citation

  • Melanie Blackwell & Steven Cobb & David Weinberg, 2002. "The Economic Impact of Educational Institutions: Issues and Methodology," Economic Development Quarterly, , vol. 16(1), pages 88-95, February.
    • Handle: RePEc:sae:ecdequ:v:16:y:2002:i:1:p:88-95
    DOI: 10.1177/0891242402016001009
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0891242402016001009
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0891242402016001009?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Attila Varga, 2000. "Local Academic Knowledge Transfers and the Concentration of Economic Activity," Journal of Regional Science, Wiley Blackwell, vol. 40(2), pages 289-309, May.
    2. Steven Cobb & David Weinberg, 1993. "The Importance of Import Substitution in Regional Economic Impact Analysis: Empirical Estimates from Two Cincinnati Area Events," Economic Development Quarterly, , vol. 7(3), pages 282-286, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Arcalean, Calin & Glomm, Gerhard & Schiopu, Ioana, 2012. "Growth effects of spatial redistribution policies," Journal of Economic Dynamics and Control, Elsevier, vol. 36(7), pages 988-1008.
    2. Balland, Pierre-Alexandre & Boschma, Ron, 2022. "Do scientific capabilities in specific domains matter for technological diversification in European regions?," Research Policy, Elsevier, vol. 51(10).
    3. Attila Varga & Dimitrios Pontikakis & Joaquín M. Azagra-Caro, 2010. "Absorptive capacity and the delocalisation of university-industry interaction Evidence from participations in the EU's Sixth Framework Programme for Research," Working Papers 2010R01, Orkestra - Basque Institute of Competitiveness.
    4. Rui Baptista & Joana Mendonça, 2010. "Proximity to knowledge sources and the location of knowledge-based start-ups," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 45(1), pages 5-29, August.
    5. Andrés Rodríguez-Pose & Riccardo Crescenzi, 2008. "Mountains in a flat world: why proximity still matters for the location of economic activity," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 1(3), pages 371-388.
    6. Andrés Rodríguez-Pose & Fabrice Comptour, 2010. "Do clusters generate greater innovation and growth? An analysis of European regions," Working Papers 2010-15, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    7. MOTOHASHI Kazuyuki & ZHAO Qiuhan, 2023. "University as a Knowledge Source of Innovation: A spatial analysis of the impact on local high-tech startup creation," Discussion papers 23027, Research Institute of Economy, Trade and Industry (RIETI).
    8. Attila Varga, 2014. "Challenges in modeling the impacts of modern development policies: The case of the GMR-approach," EcoMod2014 7151, EcoMod.
    9. Niclas Lavesson, 2018. "How does distance to urban centres influence necessity and opportunity‐based firm start‐ups?," Papers in Regional Science, Wiley Blackwell, vol. 97(4), pages 1279-1303, November.
    10. Audretsch, David B. & Lehmann, Erik E. & Warning, Susanne, 2005. "University spillovers and new firm location," Research Policy, Elsevier, vol. 34(7), pages 1113-1122, September.
    11. Quatraro, Francesco & Scandura, Alessandra, 2020. "Regional patterns of unrelated technological diversification: the role of academic inventors," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 202001, University of Turin.
    12. 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.
    13. Tobias Schlegel & Curdin Pfister & Dietmar Harhoff & Uschi Backes-Gellner, 2022. "Innovation effects of universities of applied sciences: an assessment of regional heterogeneity," The Journal of Technology Transfer, Springer, vol. 47(1), pages 63-118, February.
    14. Gál, Zoltán & Ptáček, Pavel, 2010. "The role of mid-range universities in knowledge transfer: the case of non-metropolitan regions in Central and Eastern Europe (examples from Hungary and the Czech Republic)," MPRA Paper 28358, University Library of Munich, Germany, revised 18 Jan 2011.
    15. Zoltán J. Ács & Pontus Braunerhjelm & David B. Audretsch & Bo Carlsson, 2015. "The knowledge spillover theory of entrepreneurship," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 7, pages 129-144, Edward Elgar Publishing.
    16. Nicole Litzel & Joachim Möller, 2011. "Industrial Clusters and Economic Integration: Theoretic Concepts and an Application to the European Metropolitan Region Nuremberg," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume II, chapter 12, Edward Elgar Publishing.
    17. Marta Foddi & Raffaele Paci & Alessandra Colombelli, 2011. "The knowledge regions in the enlarged Europe," ERSA conference papers ersa11p1140, European Regional Science Association.
    18. Ryan R. Brady, 2011. "Measuring the diffusion of housing prices across space and over time," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(2), pages 213-231, March.
    19. Bernardina Algieri & Antonio Aquino & Marianna Succurro, 2013. "Technology transfer offices and academic spin-off creation: the case of Italy," The Journal of Technology Transfer, Springer, vol. 38(4), pages 382-400, August.
    20. Andrés Rodríguez-Pose & Edna M. Villarreal Peralta, 2015. "Innovation and Regional Growth in Mexico: 2000–2010," Growth and Change, Wiley Blackwell, vol. 46(2), pages 172-195, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecdequ:v:16:y:2002:i:1:p:88-95. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.