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The role of colleges and universities in building local human capital

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Abstract

Colleges and universities can contribute to the economic success of a region by deepening the skills and knowledge?or human capital?of its residents. Producing graduates who join the region?s educated workforce is one way these institutions increase human capital levels. In addition, the knowledge and technologies created through research activities at area universities may not only attract new firms to a region but also help existing businesses expand and innovate. These ?spillover effects? can in turn raise the region?s demand for high-skilled workers.

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  • Jaison R. Abel & Richard Deitz, 2011. "The role of colleges and universities in building local human capital," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 17(Oct).
  • Handle: RePEc:fip:fednci:y:2011:i:oct:n:v.17no.6
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    References listed on IDEAS

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    1. Adalgiso Amendola & Cristian Barra & Roberto Zotti, 2020. "Does graduate human capital production increase local economic development? An instrumental variable approach," Journal of Regional Science, Wiley Blackwell, vol. 60(5), pages 959-994, November.
    2. Turan, Güngör, 2017. "An Empirical Analysis on the Long-term Relation Between Unemployment and Higher Education in Turkey," MPRA Paper 77766, University Library of Munich, Germany.
    3. Elvira Nica & Gheorghe H. Popescu, 2014. "The Economics of Higher Education in the United States," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(1), pages 87-90, March.
    4. Zotti, Roberto & Barra, Cristian, 2014. "Human capital development, knowledge spillovers and local growth: Is there a quality effect of university efficiency?," MPRA Paper 60065, University Library of Munich, Germany.
    5. Cristian Barra & Roberto Zotti, 2017. "Investigating the Human Capital Development–growth Nexus," International Regional Science Review, , vol. 40(6), pages 638-678, November.
    6. Christelle Khalaf & G. Jason Jolley & Candi Clouse, 2022. "The Economic Impact of Small Colleges on Local Economies: A Guide to Attainable Data and Best Practices," Economic Development Quarterly, , vol. 36(1), pages 17-32, February.
    7. Turan, Güngör, 2016. "Türkiye'de Yüksek Öğretim ve Ekonomik Büyüme [Higher Education and Economic Growth in Turkey]," MPRA Paper 77778, University Library of Munich, Germany.

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