The Role of Universities in Economic Development of Russian Regions

Alexey Egorov (), Oleg Leshukov () and Alexander Gromov ()
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Alexey Egorov: National Research University Higher School of Economics
Oleg Leshukov: National Research University Higher School of Economics
Alexander Gromov: National Research University Higher School of Economics

HSE Working papers from National Research University Higher School of Economics

Abstract: This paper analyses the contribution of higher education institutions (HEI) in Russia to gross regional product (GRP) growth. We explore the relationship between higher education coverage and rates of economic growth based on longitudinal economic growth models which are pooled regression, fixed effects, and regression with simultaneous fixed and spatial effects. In addition to the influence of HEI on economic growth, the model specifications also allow an investigation of the relationship between the territory accessibility of higher education and GRP growth, and the significance of higher education in regions with different structures of GRP. The main policy outcome of the paper is that universities can be considered as fully-fledged economic agents which make positive contributions to GRP growth. The development of regional higher education systems would lead to a positive effect on regional economic development

Keywords: higher education; economic growth; spatial effects; influence on GRP; regional economic development (search for similar items in EconPapers)
JEL-codes: I21 I23 I25 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2017
New Economics Papers: this item is included in nep-cis, nep-cse, nep-gro, nep-sbm, nep-tra and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in WP BRP Series: Education / EDU, May 2017, pages 1-30

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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:41edu2017

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