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Efficiency of regional higher education systems and regional economic short-run growth: empirical evidence from Russia

Author

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  • Tommaso Agasisti
  • Aleksei Egorov
  • Daria Zinchenko
  • Oleg Leshukov

Abstract

This paper analyses the link between the efficiency of regional higher education systems and the rates of regional economic development between 2012 and 2015 in Russia. The efficiency scores are calculated at the institutional level using Two-stage Semi-parametric data envelopment analysis. Then, the scores are aggregated at the regional level. We formulate an economic growth model that considers the efficiency of regional higher education systems as one of the explanatory variables. As an econometric method, we employ a robust GMM estimator. The findings highlight a positive, and statistically significant effect of higher education institutions efficiency on the regional economic growth. We also found negative spillover effects.

Suggested Citation

  • Tommaso Agasisti & Aleksei Egorov & Daria Zinchenko & Oleg Leshukov, 2021. "Efficiency of regional higher education systems and regional economic short-run growth: empirical evidence from Russia," Industry and Innovation, Taylor & Francis Journals, vol. 28(4), pages 507-534, April.
  • Handle: RePEc:taf:indinn:v:28:y:2021:i:4:p:507-534
    DOI: 10.1080/13662716.2020.1738914
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