English, Article, Journal or magazine article edition: The Effects of Colleges and Universities on Local Labor Markets Patricia Beeson; Edward B. Montgomery

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/140246
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Effects of Colleges and Universities on Local Labor Markets
Author
  • Patricia Beeson
  • Edward B. Montgomery
Physical Description
  • preprint
Notes
  • Despite the presence of anecdotal evidence linking regional economic growth and the presence of quality universities in such areas as the Silicon Valley in California and Route 128 in Boston, there have been few systematic studies of the relationship between universities and local economies. In this paper we examined the relationship between four measures of the quality or extent of activities of colleges and universities in an area and various measures of the local labor market activity, including employment, income and migration. We could not reject the hypothesis that there is no relationship between our measures of university activity and the overall employment rate in an SMSA. We did, however, find evidence that colleges and universities affect the composition of employment in an SMSA. The probability of being employed as a scientist or engineer and the probability of being employed in a high- tech industry were both found to increase with the amount of R&​D funding at local universities. The probability of being employed in a high- tech industry was also found to be positively related to the number of graduates from local universities. We also found evidence that employment growth rates and earnings are higher in areas with good universities. Finally, the data can not reject the hypothesis that net migration is unrelated to universities.
  • RePEc:nbr:nberwo:3280
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment