CGE EVALUATION OF A UNIVERSITY'S EFFECTS ON A REGIONAL ECONOMY: AN INTEGRATED ASSESSMENT OF EXPENDITURE AND KNOWLEDGE IMPACTS
In: Review of Urban & Regional Development Studies, Jg. 18 (2006-11-01), S. 229-251
Online
unknown
Zugriff:
In recent years many universities have commissioned studies of the effects of their institutions on their local economies. Typically, these impact studies have concentrated on the demand-side stimuli to the regional economy that the university generates. Normally, the studies are undertaken with comparative-static input-output models. The present study employs a dynamic multiregional computable general equilibrium model to investigate supply-side as well as demand-side effects. There are a range of supply-side effects that have been investigated in the spatial econometrics literature. The supply-side impacts of the university that we examine in particular are a rise in the average skill level of the local workforce, and successful R&D outcomes. CGE modelling allows simulation of the associated productivity effects, while the dynamic features of the model allow for consequent effects on a region's population and capital stock growth rates to be taken into account.
Titel: |
CGE EVALUATION OF A UNIVERSITY'S EFFECTS ON A REGIONAL ECONOMY: AN INTEGRATED ASSESSMENT OF EXPENDITURE AND KNOWLEDGE IMPACTS
|
---|---|
Autor/in / Beteiligte Person: | John R Madden ; James A Giesecke |
Link: | |
Zeitschrift: | Review of Urban & Regional Development Studies, Jg. 18 (2006-11-01), S. 229-251 |
Veröffentlichung: | Wiley, 2006 |
Medientyp: | unknown |
ISSN: | 1467-940X (print) ; 0917-0553 (print) |
DOI: | 10.1111/j.1467-940x.2006.00118.x |
Schlagwort: |
|
Sonstiges: |
|