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Universities’ effects on regional GDP and unemployment : The case of Germany

Schubert, Torben LU and Kroll, Henning (2016) In Papers in Regional Science 95(3). p.467-489
Abstract

There is a large consensus that higher education institutions exert notable effects on their regional environment. So far, however, much of the related evidence is based on case studies. Few findings are available on a more generalizable level. To bridge this gap, our study uses spatial panel-data models to identify the impacts of higher education institution (HEI) activities on GDP per capita and unemployment in Germany. Beyond demand-side effects, we seek to identify the, arguably more important, indirect long-term effects of knowledge generation. Accounting for regional spillovers, we find that on average HEI contributed €8,300 to regional GDP per capita in the period 2000 to 2011. Furthermore, we find that they help to significantly... (More)

There is a large consensus that higher education institutions exert notable effects on their regional environment. So far, however, much of the related evidence is based on case studies. Few findings are available on a more generalizable level. To bridge this gap, our study uses spatial panel-data models to identify the impacts of higher education institution (HEI) activities on GDP per capita and unemployment in Germany. Beyond demand-side effects, we seek to identify the, arguably more important, indirect long-term effects of knowledge generation. Accounting for regional spillovers, we find that on average HEI contributed €8,300 to regional GDP per capita in the period 2000 to 2011. Furthermore, we find that they help to significantly reduce unemployment rates in the long run.

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Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
economic impact, HEIs, production, unemployment, Universities, value, welfare
in
Papers in Regional Science
volume
95
issue
3
pages
23 pages
publisher
Wiley-Blackwell
external identifiers
  • scopus:84984972170
  • wos:000380915600002
ISSN
1056-8190
DOI
10.1111/pirs.12150
language
English
LU publication?
yes
id
e778b6eb-e45d-4fcc-a804-8354f0eb2ee3
date added to LUP
2016-12-13 11:00:34
date last changed
2017-09-18 11:31:11
@article{e778b6eb-e45d-4fcc-a804-8354f0eb2ee3,
  abstract     = {<p>There is a large consensus that higher education institutions exert notable effects on their regional environment. So far, however, much of the related evidence is based on case studies. Few findings are available on a more generalizable level. To bridge this gap, our study uses spatial panel-data models to identify the impacts of higher education institution (HEI) activities on GDP per capita and unemployment in Germany. Beyond demand-side effects, we seek to identify the, arguably more important, indirect long-term effects of knowledge generation. Accounting for regional spillovers, we find that on average HEI contributed €8,300 to regional GDP per capita in the period 2000 to 2011. Furthermore, we find that they help to significantly reduce unemployment rates in the long run.</p>},
  author       = {Schubert, Torben and Kroll, Henning},
  issn         = {1056-8190},
  keyword      = {economic impact,HEIs,production,unemployment,Universities,value,welfare},
  language     = {eng},
  month        = {08},
  number       = {3},
  pages        = {467--489},
  publisher    = {Wiley-Blackwell},
  series       = {Papers in Regional Science},
  title        = {Universities’ effects on regional GDP and unemployment : The case of Germany},
  url          = {http://dx.doi.org/10.1111/pirs.12150},
  volume       = {95},
  year         = {2016},
}