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The Effects of Colleges and Universities on Local Labor Markets

Patricia Beeson¹; Edward Montgomery^2,3,4

¹ University of Pittsburgh · ² National Bureau of Economic Research · ³ University of Maryland, College Park · ⁴ Michigan State University

Despite the presence of anecdotal evidence linking regional economic growth and the presence of quality universities in such areas as the Silicon Valley in California and Route 128 in Boston, there have been few systematic studies of the relationship between universities and local economies. In this paper we examined the relationship between four measures of the quality or extent of activities of colleges and universities in an area and various measures of the local labor market activity, including employment, income and migration.

DOI

10.2307/2110036

Volume

75 (4)

Pages

753

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