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Urbanization, produ...
Urbanization, productivity, and innovation : Evidence from investment in higher education
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- Andersson, Roland (author)
- KTH,Fastighetsvetenskap
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Quigley, John M. (author)
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- Wilhelmsson, Mats (author)
- KTH,Centrum för bank och finans, Cefin
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(creator_code:org_t)
- Elsevier BV, 2009
- 2009
- English.
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In: Journal of Urban Economics. - : Elsevier BV. - 0094-1190 .- 1095-9068. ; 66:1, s. 2-15
- Related links:
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http://urbanpolicy.b...
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https://urn.kb.se/re...
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https://doi.org/10.1...
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Abstract
Subject headings
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- During the past two decades, Swedish government policy has decentralized post-secondary education throughout the country. We investigate the economic effects of this decentralization policy on the level of productivity and innovation and their spatial distribution in the national economy. We find important and significant effects of this investment policy upon economic output and the locus of knowledge production, suggesting that the decentralization has affected regional development through local innovation and increased creativity. Our evidence also suggests that aggregate productivity was increased by the deliberate policy of decentralization. Finally, we estimate the spillovers of university investment over space, finding that they are substantial, but that they are greatly attenuated. Agglomerative effects decline rapidly; roughly half of the productivity gains from these investments are manifest within 5-8 km of the community in which they are made.
Keyword
- research-and-development
- university-research
- increasing returns
- regional policy
- count data
- spillovers
- knowledge
- geography
- patents
- growth
Publication and Content Type
- ref (subject category)
- art (subject category)
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