Die regionalen Rates of Return der öffentlichen Hochschulfinanzierung

This article examines the short-term regional economic effect of universities. The methodology used differs substantially from previous studies as it focuses on the additional resources attracted to the region by the establishment of universities. The effects of the attracted resources are therefor...

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Main Authors: Ulf Rosner, Joachim Weimann
Format: Article
Language:deu
Published: oekom verlag GmbH 2003-11-01
Series:Raumforschung und Raumordnung
Online Access:https://rur.oekom.de/index.php/rur/article/view/1563
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author Ulf Rosner
Joachim Weimann
author_facet Ulf Rosner
Joachim Weimann
author_sort Ulf Rosner
collection DOAJ
description This article examines the short-term regional economic effect of universities. The methodology used differs substantially from previous studies as it focuses on the additional resources attracted to the region by the establishment of universities. The effects of the attracted resources are therefore related to the basic financing provided by the federal state (Land). We call these relations the regional rates of return on university financing. We demonstrate the regional rates of return using the experience of the Otto-von-Guericke-University Magdeburg and the college of higher education Magdeburg-Stendal as examples. The results indicate that the financing of universities is an effective means to create both jobs and economic prosperity. In turn, the reduction of public funding for universities causes substantial opportunity costs for the region, even in the short term.
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spelling doaj.art-010168f621184c4e8c0df2e89d9232b22022-12-22T03:50:48Zdeuoekom verlag GmbHRaumforschung und Raumordnung0034-01111869-41792003-11-0161610.1007/BF03183065Die regionalen Rates of Return der öffentlichen HochschulfinanzierungUlf Rosner0Joachim Weimann1Fakultät für Wirtschaftswissenschaft, VWL III, Otto-von-Guericke-Universität Magdeburg, Postfach 4120, 39016, MagdeburgFakultät für Wirtschaftswissenschaft, VWL III, Otto-von-Guericke-Universität Magdeburg, Postfach 4120, 39016, Magdeburg This article examines the short-term regional economic effect of universities. The methodology used differs substantially from previous studies as it focuses on the additional resources attracted to the region by the establishment of universities. The effects of the attracted resources are therefore related to the basic financing provided by the federal state (Land). We call these relations the regional rates of return on university financing. We demonstrate the regional rates of return using the experience of the Otto-von-Guericke-University Magdeburg and the college of higher education Magdeburg-Stendal as examples. The results indicate that the financing of universities is an effective means to create both jobs and economic prosperity. In turn, the reduction of public funding for universities causes substantial opportunity costs for the region, even in the short term. https://rur.oekom.de/index.php/rur/article/view/1563
spellingShingle Ulf Rosner
Joachim Weimann
Die regionalen Rates of Return der öffentlichen Hochschulfinanzierung
Raumforschung und Raumordnung
title Die regionalen Rates of Return der öffentlichen Hochschulfinanzierung
title_full Die regionalen Rates of Return der öffentlichen Hochschulfinanzierung
title_fullStr Die regionalen Rates of Return der öffentlichen Hochschulfinanzierung
title_full_unstemmed Die regionalen Rates of Return der öffentlichen Hochschulfinanzierung
title_short Die regionalen Rates of Return der öffentlichen Hochschulfinanzierung
title_sort die regionalen rates of return der offentlichen hochschulfinanzierung
url https://rur.oekom.de/index.php/rur/article/view/1563
work_keys_str_mv AT ulfrosner dieregionalenratesofreturnderoffentlichenhochschulfinanzierung
AT joachimweimann dieregionalenratesofreturnderoffentlichenhochschulfinanzierung