THE LOCAL ECONOMIC IMPACT OF A LARGE RESEARCH UNIVERSITY: EVIDENCE FROM UC MERCED.

In this paper, I estimate the short‐run economic effects of the opening of The University of California, Merced in 2005 by comparing Merced with a counterfactual constructed by the synthetic control method. During the period 2005–2014, the opening of the campus has increased local employment by 13%,...

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Publicado en:Economic Inquiry Vol. 57; no. 1; pp. 316 - 333
Autor principal: Lee, Jongkwan
Formato: Artículo
Publicado: Wiley-Blackwell Jan2019
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: THE LOCAL ECONOMIC IMPACT OF A LARGE RESEARCH UNIVERSITY: EVIDENCE FROM UC MERCED.
      aug:
        au: Lee, Jongkwan
        affil: Associate Research Fellow, Department of Knowledge Economy, Korea Development Institute, Sejong‐si 30149, South Korea
      su:
        University of California (System)
        Economic impact
        Employment statistics
        United States economy
        Research universities & colleges
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          Economic impact
          University of California (System)
          Employment statistics
          United States economy
          Research universities & colleges
      ab: In this paper, I estimate the short‐run economic effects of the opening of The University of California, Merced in 2005 by comparing Merced with a counterfactual constructed by the synthetic control method. During the period 2005–2014, the opening of the campus has increased local employment by 13%, mainly in nontraded industries, such as the service sector. These findings suggest that a large research university could bring immediate benefits to the local economy because of its large demand from students and employees.
      pubtype: Academic Journal
      doctype: Article
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    language: English
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