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Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Tertiary education expansion and regional firm development |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | Regional Studies |
Publisher | Taylor & Francis |
Geographical Reach | international |
ISSN | 0034-3404 |
Volume | 56 |
Number | 11 |
Page Range | 1874 - 1887 |
Date | 2022 |
Abstract Text | This study investigates the impact of a tertiary education expansion on regional firm development, as measured by average profits per firm. We exploit the quasi-random establishment of universities of applied sciences (UASs) – bachelor’s degree-granting three-year colleges teaching and conducting applied research – to construct treatment and control groups and to apply both a difference-in-differences model and an event study design. We find that after the establishment of new UASs in Switzerland, average profits per firm in the treated municipalities increase by 19.6% more than in the control group. This increase corresponds roughly to an additional annual growth in average profits per firm in the treatment group of 0.7%. The effects start shortly after the establishment of UASs but also persist over a period of up to 10 years. |
Digital Object Identifier | 10.1080/00343404.2021.2010695 |
Other Identification Number | merlin-id:22106 |
PDF File | Download from ZORA |
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