Universities, spillovers and the resilience of inequality in the human-capital century

Alexandra Cermeño

No 17016, Working Papers from Economic History Society

Abstract: "This paper explores the impact of new universities established in the United States between 1930-2010. Differences in differences analysis on a sample of counties selected through propensity score matching enables the assessment of the impact of these universities on GDP, population, and different scales of market size. Evidence suggests that hosts of new universities grew around 20 per cent more, and the effect expanded to the nearby areas. Controlling for research quality and infrastructures shows that new cultural amenities generate growth that expands to nearby areas through the agglomeration of population but only during the short run."

Keywords: "Economic Geography; Spillovers; Universities; United States" (search for similar items in EconPapers)
JEL-codes: I23 L8 N72 R12 (search for similar items in EconPapers)
Date: 2017-04
New Economics Papers: this item is included in nep-cse, nep-geo, nep-gro, nep-his, nep-sbm and nep-ure
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