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Universities, spillovers and the resilience of inequality in the human-capital century

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  • Alexandra López Cermeño

    () (Lund University)

Abstract

"This paper explores the impact of new universities established in the United States between 1930-2010. Differences in differences analysis on a sample of counties selected through propensity score matching enables the assessment of the impact of these universities on GDP, population, and different scales of market size. Evidence suggests that hosts of new universities grew around 20 per cent more, and the effect expanded to the nearby areas. Controlling for research quality and infrastructures shows that new cultural amenities generate growth that expands to nearby areas through the agglomeration of population but only during the short run."

Suggested Citation

  • Alexandra López Cermeño, 2017. "Universities, spillovers and the resilience of inequality in the human-capital century," Working Papers 17016, Economic History Society.
  • Handle: RePEc:ehs:wpaper:17016
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    File URL: http://www.ehs.org.uk/dotAsset/c573d893-7b4d-4f4d-aea5-76a98910904b.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Economic Geography; Spillovers; Universities; United States;

    JEL classification:

    • L8 - Industrial Organization - - Industry Studies: Services
    • N72 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - U.S.; Canada: 1913-
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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