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Public Universities And Regional Economy In Ecuador: A Panel Data Study

Author

Listed:
  • HERNANDEZ-MEDINA, Patricia
  • CHOGLLO-TENEZACA, Juan
  • RAMIREZ-TORRES; Gabriel

Abstract

The study analyses the impact of public universities on economic activity in sixteen provinces of Ecuador (2015 to 2020), using fixed and random effects panel data, whose selection was based on the Hausman test. The impact of the number of teachers, undergraduate and graduate student enrolment, number of scholarships, executed budget and number of careers (demand side), in addition to published research, number of polytechnic schools and supply of medicine (knowledge side) in each of the regions is evaluated. There is a direct relationship between the gross value added of production and the number of universities, careers, undergraduate students, and budget allocated. The number of published research papers was not statistically significant.

Suggested Citation

  • HERNANDEZ-MEDINA, Patricia & CHOGLLO-TENEZACA, Juan & RAMIREZ-TORRES; Gabriel, 2024. "Public Universities And Regional Economy In Ecuador: A Panel Data Study," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 24(2), pages 21-40.
    • Handle: RePEc:eaa:eerese:v:24:y2024:i:2_2
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    File URL: http://www.usc.es/~economet/reviews/eers2422.pdf
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    More about this item

    Keywords

    public universities; regional economics; territorial development; budget universities; development of Ecuador; panel data;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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