() and Håkan Regnér
Helena Persson: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Håkan Regnér: The Swedish Confederation of Professional Associations, Postal: Box 2206, 103 15 Stockholm
Abstract: This study uses employer-employee linked data on all Swedish firms to analyze the impact of a college on the local economy. It focuses on colleges established in the 1970s and measures the effects 20 years after the establishment. The results show that there are no significant effects on survival rate of establishments, overall employment growth, overall growth of college graduates or employment growth in OECD defined high-tech industries. The results do not support the political motives behind the establishment and they reject the hypothesis of large regional spillovers from a college. But it is also possible that it takes more than 20 years before a university has a significant impact on regional development.
32 pages, November 2, 2004
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