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The Local Economic and Social Impacts of a University

In: Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies

Author

Listed:
  • Harry W. Richardson

    (Universidad Autónoma del Estado de Mexico)

  • Peter Gordon

    (University of Southern California)

  • Qisheng Pan

    (Texas Southern University)

Abstract

There have been many studies of the economic impacts of universities over the years. Many of them focused on college towns where the university was the prime economic activity. This chapter focuses on a different case where the university (USC) had a major influence on one neighborhood, not the whole city or region. In fact, the USC economic impact accounts for 0.57 % of the City of Los Angeles gross regional product (GRP), 0.38 % of the County’s GRP and 0.11 % of the State of California’s 0.11 % of GSP (ERA 2009). The chapter focuses on two issues: the economic impact of the university (in terms of output and employment); and the effects of the university’s growth on neighborhood regeneration.

Suggested Citation

  • Harry W. Richardson & Peter Gordon & Qisheng Pan, 2015. "The Local Economic and Social Impacts of a University," Advances in Spatial Science, in: Harry W. Richardson & Qisheng Pan & JiYoung Park & James E. Moore II (ed.), Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies, edition 127, chapter 0, pages 205-215, Springer.
    • Handle: RePEc:spr:adspcp:978-3-319-14322-4_13
    DOI: 10.1007/978-3-319-14322-4_13
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