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The Impact of the Reputation of Bio-Life Science and Engineering Doctoral Programs on Regional Economic Development

Author

Listed:
  • Edward W. (Ned) Hill

    (Cleveland State University)

  • Iryna Lendel

    (Cleveland State University)

Abstract

Retrospective data on the academic reputation of PhD programs in the biological and life sciences and engineering are used in regression models to measure the influence of academic quality on the growth in employment and in per capita income for metropolitan areas in the United States over the two parts of the recently completed business cycle (1994 to 2000 and 2001 to 2003). The quality of doctoral research programs in science and technology fields was positively associated with growth rates in employment and per capita income in metropolitan areas during the expansion phase of the business cycle. Regions with quality science and technology doctoral programs experienced declines in employment growth rates following the recession. There was an inverse relationship between academic quality and per capita income following the recession, indicating that regional earnings bubbles built up during the expansion. Strong path dependencies are exhibited in the models.

Suggested Citation

  • Edward W. (Ned) Hill & Iryna Lendel, 2007. "The Impact of the Reputation of Bio-Life Science and Engineering Doctoral Programs on Regional Economic Development," Economic Development Quarterly, , vol. 21(3), pages 223-243, August.
  • Handle: RePEc:sae:ecdequ:v:21:y:2007:i:3:p:223-243
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    Cited by:

    1. Paul D. Gottlieb, 2011. "Supply or Demand, Make or Buy," Economic Development Quarterly, , vol. 25(4), pages 303-315, November.
    2. repec:bla:growch:v:48:y:2017:i:1:p:153-173 is not listed on IDEAS
    3. Timothy J. Bartik & George Erickcek, 2007. "Higher Education, the Health Care Industry, and Metropolitan Regional Economic Development: What Can “Eds & Meds” Do for the Economic Fortunes of a Metro Area’s Residents?," Upjohn Working Papers and Journal Articles 08-140, W.E. Upjohn Institute for Employment Research.

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