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The Economic Effect of Urban Colleges on their Surrounding Communities

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  • Annette Steinacker

    (Department of Politics and Policy, Claremont Graduate University, 170 E. Tenth Street, Claremont, CA 91711, USA, annette.steinacker@cgu.edu.)

Abstract

Typical university impact studies in the US have focused on large institutions and their impact on an entire metropolitan region. We know little about the impact of small schools or the impact of a college on just its surrounding city or neighbourhood, despite recent interest in the relationship of colleges to city neighbourhood revitalisation. This article illustrates that, with two simple adjustments, the standard impact study can produce an estimate of a typical urban college's economic effect matched to its surrounding community, rather than to the urban region as a whole. A case study using this approach found that even a small US college with a predominantly commuter population had a significant effect on the city in which it was located.

Suggested Citation

  • Annette Steinacker, 2005. "The Economic Effect of Urban Colleges on their Surrounding Communities," Urban Studies, Urban Studies Journal Limited, vol. 42(7), pages 1161-1175, June.
    • Handle: RePEc:sae:urbstu:v:42:y:2005:i:7:p:1161-1175
    DOI: 10.1080/00420980500121335
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    References listed on IDEAS

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    1. Melanie Blackwell & Steven Cobb & David Weinberg, 2002. "The Economic Impact of Educational Institutions: Issues and Methodology," Economic Development Quarterly, , vol. 16(1), pages 88-95, February.
    2. Daniel Felsenstein, 1996. "The University in the Metropolitan Arena: Impacts and Public Policy Implications," Urban Studies, Urban Studies Journal Limited, vol. 33(9), pages 1565-1580, November.
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    Cited by:

    1. Diana Rokita-Poskart & Łukasz Mach, 2019. "Selected Meso-Economic Consequences of the Changing Number of Students in Academic Towns and Cities (A Case Study of Poland)," Sustainability, MDPI, vol. 11(7), pages 1-15, March.

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