IDEAS home Printed from https://ideas.repec.org/a/rnp/ecopol/ep122005.html
   My bibliography  Save this article

Higher Education as a Driver of Regional Economy
[Высшее Образование И Экономическое Развитие Регионов России]

Author

Listed:
  • Lyubimov, Ivan

    (Russian Presidential Academy of National Eco­nomy and Public Administration)

  • Iakubovskii, Igor

    (Russian Presidential Academy of National Eco­nomy and Public Administration)

Abstract

This paper discusses the details of the associative link between the structure of economy and the quality of higher education for Russian regions. Such a link facilitates the interplay between the sectoral structure of a regional economy and its higher education system. This kind of economic policy is consistent with a number of theoretical views on the role that human capital plays in the process of economic growth. On top of that, the paper provides an approach which helps in identifying the directions of development of both the system of higher education and the economic structure of the respective region, as well as coordinating these two processes. In addition, we characterize the complexity of each regional economy and the development of its higher education system. The corresponding indicators complement broadly accepted metrics, such as GRP per capita, which help distinguish between regional economies. In particular, the measure of economic complexity reflects how complex, on average, the industries producing the respective GRP level are. In the paper, we also identify a positive association between the complexity of regional economies and the quality and diversity of high- er education programs at the regional level. Nevertheless, a number of regions stay apart because their higher education systems are relatively more advanced compared with the level of complexity of their economies. This result lets us suggest a discussion about the main goals of the regional system of higher education. The provision of training to meet the demands of the local labor market is an important task of the education system. However, a high-quality education system can in itself be considered as a sector of the local economy which is important to develop. Moreover, a high-quality education system facilitates labor mobility, providing better access to better jobs.

Suggested Citation

  • Lyubimov, Ivan & Iakubovskii, Igor, 2020. "Higher Education as a Driver of Regional Economy [Высшее Образование И Экономическое Развитие Регионов России]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 110-139, December.
  • Handle: RePEc:rnp:ecopol:ep122005
    as

    Download full text from publisher

    File URL: https://repec.ranepa.ru/rnp/ecopol/ep122005.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Deon Filmer & Halsey Rogers & Noam Angrist & Shwetlena Sabarwal, 2018. "Learning-Adjusted Years of Schooling," World Bank Publications - Reports 30464, The World Bank Group.
    2. Franz, Wolfgang & Soskice, David W., 1994. "The German apprenticeship system," Discussion Papers 11, University of Konstanz, Center for International Labor Economics (CILE).
    3. Lyubimov, Ivan L. (Любимов, Иван) & Kazakova, Maria V. (Казакова, Мария), 2017. "The Demand for Production Inputs as the Reflection of the Level of Property Rights Protection [Структура Спроса На Факторы Производства Как Отражение Защищенности Прав Собственности]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 30-59, August.
    4. Казакова Мария Владимировна & Любимов Иван Львович & Нестерова Кристина Владимировна, 2016. "Гарантирует Ли Успех Отдельной Реформы Ускорение Экономического Роста? Недостаточно Развитые Институты Как Причина Провала Реформ," Higher School of Economics Economic Journal Экономический журнал Высшей школы экономики, CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Национальный исследовательский университет «Высшая школа экономики», vol. 20(4), pages 624-654.
    5. Diego Comin & Martí Mestieri, 2018. "If Technology Has Arrived Everywhere, Why Has Income Diverged?," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(3), pages 137-178, July.
    6. I. L. Lyubimov & M. V. Lysyuk & M. A. Gvozdeva., 2018. "Atlas of economic complexity, Russian regional pages," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 6.
    7. Philippe Aghion & Steven Durlauf (ed.), 2005. "Handbook of Economic Growth," Handbook of Economic Growth, Elsevier, edition 1, volume 1, number 1.
    8. David Soskice, 1994. "Reconciling Markets and Institutions: The German Apprenticeship System," NBER Chapters, in: Training and the Private Sector: International Comparisons, pages 25-60, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paul Johnson & Chris Papageorgiou, 2020. "What Remains of Cross-Country Convergence?," Journal of Economic Literature, American Economic Association, vol. 58(1), pages 129-175, March.
    2. Gatti, Donatella, 2000. "Competence, knowledge, and the labour market: the role of complementarities," Discussion Papers, Research Unit: Economic Change and Employment FS I 00-302, WZB Berlin Social Science Center.
    3. Foders, Federico, 1997. "Regional competitiveness and training in Germany," Kiel Working Papers 797, Kiel Institute for the World Economy (IfW Kiel).
    4. Naude, Wim & Nagler, Paula, 2015. "Industrialisation, Innovation, Inclusion," MERIT Working Papers 2015-043, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. Mares, Isabela, 1996. "Firms and the welfare state: the emergence of new forms of unemployment," Discussion Papers, Research Unit: Economic Change and Employment FS I 96-308, WZB Berlin Social Science Center.
    6. Lorenz Lassnigg, 1995. "Kosten und Finanzierung der Lehrlingsausbildung," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 58, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    7. Blechinger, Doris & Pfeiffer, Friedhelm, 1996. "Technological change and skill obsolescence: the case of German apprenticeship training," ZEW Discussion Papers 96-15, ZEW - Leibniz Centre for European Economic Research.
    8. Gianfranco DI VAIO & Michele BATTISTI, 2010. "A Spatially-Filtered Mixture of Beta-Convergence Regression for EU Regions, 1980-2002," Regional and Urban Modeling 284100013, EcoMod.
    9. Raphael Bergoeing & Norman V. Loayza & Facundo Piguillem, 2016. "The Whole is Greater than the Sum of Its Parts: Complementary Reforms to Address Microeconomic Distortions," The World Bank Economic Review, World Bank, vol. 30(2), pages 268-305.
    10. Vieira, Flávio & MacDonald, Ronald & Damasceno, Aderbal, 2012. "The role of institutions in cross-section income and panel data growth models: A deeper investigation on the weakness and proliferation of instruments," Journal of Comparative Economics, Elsevier, vol. 40(1), pages 127-140.
    11. Lutz Arnold & Christian Bauer, 2009. "On the growth and welfare effects of monopolistic distortions," Journal of Economics, Springer, vol. 97(1), pages 19-40, May.
    12. Jing Xing, 2011. "Does tax structure affect economic growth? Empirical evidence from OECD countries," Working Papers 1120, Oxford University Centre for Business Taxation.
    13. Schreiner, Lena & Madlener, Reinhard, 2022. "Investing in power grid infrastructure as a flexibility option: A DSGE assessment for Germany," Energy Economics, Elsevier, vol. 107(C).
    14. Eduardo Fernández-Arias & Ricardo Hausmann & Ugo Panizza, 2020. "Smart Development Banks," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 395-420, June.
    15. Peppel-Srebrny, Jemima, 2021. "Not all government budget deficits are created equal: Evidence from advanced economies' sovereign bond markets," Journal of International Money and Finance, Elsevier, vol. 118(C).
    16. Michele Peruzzi & Alessio Terzi, 2018. "Growth Accelerations Strategies," CID Working Papers 91a, Center for International Development at Harvard University.
    17. Tiago Neves Sequeira & Marcelo Santos, 2019. "Technology in 1500 and genetic diversity," Empirical Economics, Springer, vol. 56(4), pages 1145-1165, April.
    18. Milo Bianchi, 2012. "Financial Development, Entrepreneurship, and Job Satisfaction," The Review of Economics and Statistics, MIT Press, vol. 94(1), pages 273-286, February.
    19. François Fall & Akim Almouksit, 2016. "The impact of formal financing on small informal enterprises in Comoros," Working Papers hal-01566389, HAL.
    20. Roberto Martino & Phu Nguyen-Van, 2014. "Labour market regulation and fiscal parameters: A structural model for European regions," Working Papers of BETA 2014-19, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

    More about this item

    Keywords

    economic complexity; higher education; inequality;
    All these keywords.

    JEL classification:

    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnp:ecopol:ep122005. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RANEPA maintainer (email available below). General contact details of provider: https://edirc.repec.org/data/aneeeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.