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Contributions of Universities to Regional Economic Development: A Quasi-experimental Approach

Author

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  • Harvey Goldstein
  • Catherine Renault

Abstract

Goldstein H. A. and Renault C. S. (2004) Contributions of universities to regional economic development: a quasi-experimental approach, Regional Studies38, 733-746. Universities potentially contribute to regional economic development in a number of ways: research, creation of human capital through teaching, technology development and transfer, and co-production of a favourable milieu. We find that the research and technology creation functions generate significant knowledge spillovers that result in enhanced regional economic development that otherwise would not occur. Yet, the magnitude of the contribution that universities' research and technology development activities play is small compared with other factors. We use a quasi-experimental approach to explain variation in change in average earnings per job across 312 metropolitan statistical areas in the USA in 1969-86 and 1986-98. Goldstein H. A. et Renault C. S. (2004) La contribution des universites au developpement economique regional: une facon quasi-experimentale, Regional Studies38, 733- 746. Potentiellement, les universites contribuent de plusieurs facons au developpement economique regional: a savoir, la recherche, la creation du capital humain a travers l'enseignement, le developpement et le transfert de la technologie, et la coproduction d'un milieu propice. Il s'avere que les fonctions recherche et technologie engendrent d'importantes retombees de connaissances qui permettent un developpement economique regional accru qui n'aurait pas vu le jour dans d'autres circonstances. Toujours est-il que la contribution des actions des universites dans les domaines de la recherche et de la technologie s'avere peu importante par rapport a celle des autres facteurs. Une facon quasi-experimentale sert a expliquer la variation des gains moyens par emploi a travers 312 MSA aux Etats-Unis de 1969 a 1986 et de 1986 a 1998. Goldstein H. A. und Renault C. S. (2004) Beitrage der Universitaten zur regionalwirtschaftlichen Entwicklung: ein quasi experimentaler Ansatz, Regional Studies38, 733- 746. Universitaten tragen potentiell auf mancherlei Art und Weise zur regionalwirtschaftlichen Entwicklung bei: durch Forschung, Schaffung von Menschenkapital mittels Unterricht, Entwicklung und Ubertragung von Technologie, sowie Miterzeugung eines gUnstigen Milieus. Es wird festgestellt, dass Schaffensfunktionen von Forschung und Technologie signifikante WissensUberschUsse erzeugen, die sich in qualitativ verbesserter regionalwirtschaftlicher Entwicklung niederschlagen, die sonst nicht stattfinden wUrde. Doch der Umfang der von Universitaten geleisteten Tatigkeit auf den Gebieten der Forschungs-und Technologieentwicklung ist im Vergleich mit anderen Faktoren nur gering. Es wird ein quasi experimenteller Ansatz dazu benutzt, Abweichungen bei Veranderungen durchschnittlicher Einkommen pro Erwerbstatigkeit in 312 MSAs der Vereinigten Staaten in den Perioden 1969-86 und 1986-98 zu erlautern. Goldstein H. A. y Renault C. S. (2004) Las contribuciones de las universidades al desarrollo economico regional: un enfoque cuasi-experimental, Regional Studies38, 733-746. Las universidades contribuyen potencialmente al desarrollo economico regional de varias formas: investigacion, creacion de capital humano por medio de la ensenanza, desarrollo y transferencia de tecnologia, y co-produccion de un entorno favorable. Encontramos que las funciones de investigacion y de creacion de tecnologia generan desbordamientos de conocimiento significativos que resultan en una mejora del desarrollo economico regional, que de lo contrario no ocurriria. Aun asi, la magnitud de la contribucion que desempenan las actividades de investigacion y de desarrollo de tecnologia es pequena en comparacion a otros factores. Nosotros utilizamos un enfoque cuasi-experimental para explicar las variaciones que se producen en el promedio de ingresos por empleo a traves de 312 MSAs en los Estados Unidos en los periodos comprendidos entre 1969-86 y 1986-98.

Suggested Citation

  • Harvey Goldstein & Catherine Renault, 2004. "Contributions of Universities to Regional Economic Development: A Quasi-experimental Approach," Regional Studies, Taylor & Francis Journals, vol. 38(7), pages 733-746.
  • Handle: RePEc:taf:regstd:v:38:y:2004:i:7:p:733-746
    DOI: 10.1080/0034340042000265232
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