Direct and indirect effects of universities on European regional productivity

TitleDirect and indirect effects of universities on European regional productivity
Publication TypeWorking Paper
Year of Publication2021
AuthorsMarrocu, E, Paci, R, Usai, S
Number21_07
ISBN Number978 88 68513 757
Keywordshuman capital, Regional Total Factor Productivity, technological capital, Universities' third mission, university
Abstract

For the first time we investigate the effects that Universities exert on Total Factor Productivity dynamics for a very ample sample of 270 European regions over the period 2000-2016. This novel contribution goes beyond the traditional human capital and technological capital indirect effects and proposes a sound empirical assessment of the highly differentiated "third mission" activities. These are unique to engaged academic institutions and shape the key role they play as societal development-promoting agencies. Our analysis provides evidence of sizeable and robust universities direct supply-side effects, which complement the traditional ones in driving European regional productivity growth.

Citation Key7322
AttachmentSize
PDF icon wp-21-07.pdf4.21 MB