Direct and indirect effects of universities on European regional productivity
Raffaele Paci and
Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia
For the first time we investigate the effects that Universities exert on Total Factor Productivity dynamics for a very ample sample of 270 European regions over the period 2000-2016. This novel contribution goes beyond the traditional human capital and technological capital indirect effects and proposes a sound empirical assessment of the highly differentiated "third mission" activities. These are unique to engaged academic institutions and shape the key role they play as societal development-promoting agencies. Our analysis provides evidence of sizeable and robust universities direct supply-side effects, which complement the traditional ones in driving European regional productivity growth.
Keywords: university; Regional Total Factor Productivity; human capital; technological capital; Universities' third mission (search for similar items in EconPapers)
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Journal Article: Direct and indirect effects of universities on European regional productivity (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:202107
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