The new Spanish University Law: Economic and Fiscal Impact

Rosina Moreno (), Jordi Suriñach (), Esther Vayá () and Maite Vilalta ()
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Rosina Moreno: Research Group AQR-IREA. Universitat de Barcelona
Jordi Suriñach: Research Group AQR-IREA. Universitat de Barcelona
Esther Vayá: Research Group AQR-IREA. Universitat de Barcelona
Maite Vilalta: Institut d’Economia de Barcelona. Universitat de Barcelona

Hacienda Pública Española / Review of Public Economics, 2024, vol. 251, issue 4, 81-109

Abstract: This paper simulates the potential economic and fiscal impacts of the new Spanish University Law. Based on its expected positive effects over the production factors (labour and human and technological capital) due to increases in the number of scholarships and dual mentions and higher R&D investment, among the main ones, we estimate its impact on Spanish GDP in 2018. Additionally, we estimate the fiscal return in terms of Social Security contributions and Personal Income Tax. The paper presents, as well, some concerns related to the political and fiscal implementation of the Law at the national and regional levels.

Keywords: Higher education; Public expenditure; Economic impact; Fiscal impact; Econometrics (search for similar items in EconPapers)
JEL-codes: C01 H52 H72 I23 O47 (search for similar items in EconPapers)
Date: 2024
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