Do university rankings matter for growth?

Clifford Tan Kuan Lu ()

MPRA Paper from University Library of Munich, Germany

Abstract: I investigate the relationship between university rankings and economic growth and found that the relationship is statistically significant. The more the number of universities that a country has in international university rankings, the higher its GDP per capita. What is more surprising is that, as I expand the lists of rankings from top 100 to top 500, the relationship becomes more significant. This suggests that as far as economic growth is concerned, it is more important to have a good number of decent universities(eg in the top 500), rather than only a few elite universities(eg in the top 100).

Keywords: university rankings; GDP per capita (search for similar items in EconPapers)
JEL-codes: I25 (search for similar items in EconPapers)
Date: 2013-12-19
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