The Local Economic and Social Impacts of a University

Harry W. Richardson (), Peter Gordon () and Qisheng Pan ()
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Harry W. Richardson: Universidad Autónoma del Estado de Mexico
Peter Gordon: University of Southern California
Qisheng Pan: Texas Southern University

Chapter Chapter 13 in Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies, 2015, pp 205-215 from Springer

Abstract: Abstract There have been many studies of the economic impacts of universities over the years. Many of them focused on college towns where the university was the prime economic activity. This chapter focuses on a different case where the university (USC) had a major influence on one neighborhood, not the whole city or region. In fact, the USC economic impact accounts for 0.57 % of the City of Los Angeles gross regional product (GRP), 0.38 % of the County’s GRP and 0.11 % of the State of California’s 0.11 % of GSP (ERA 2009). The chapter focuses on two issues: the economic impact of the university (in terms of output and employment); and the effects of the university’s growth on neighborhood regeneration.

Keywords: Board Supervisor; Rail Transit; Gross Regional Product; Light Rail; Light Rail Transit (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-319-14322-4_13

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DOI: 10.1007/978-3-319-14322-4_13

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