What works? Regionale Auswirkungen von Hochschulgründungen und der Fall der neuen TU Oberösterreich
Oliver Falck and
in ifo Forschungsberichte from ifo Institute - Leibniz Institute for Economic Research at the University of Munich
The economic effects of the establishment of new universities are not easy to prove because the direction of causality is not obvious. This study focuses on the results of scientific studies that solve this problem and can actually prove the causal effects of universities. In sum, there is little doubt that new universities and higher spending on universities lead to higher regional value added. Based on international and Austrian evidence, the following picture emerges: If one assumes that the new TU has 300 full-time employees and has the same effect on regional labour productivity as the existing universities do, then in the long term its establishment would induce an increase in gross value added of 249 to 500 euros per employee in the central region of Upper Austria per year. For Upper Austria as a whole, this means an increase in gross regional product of between 99 and 200 million euros per year.
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ces:ifofob:134
Access Statistics for this book
More books in ifo Forschungsberichte from ifo Institute - Leibniz Institute for Economic Research at the University of Munich Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().