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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Tertiary education expansion and regional firm development
Organization Unit
Authors
  • Tobias Schlegel
  • Curdin Pfister
  • Uschi Backes-Gellner
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
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
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