New research: More universities means faster growth

New research published today from the Centre for Economic Performance at the London School of Economics:

We compiled new data based on UNESCO’s World Higher Education Database detailing the location of 15,000 universities in 1,500 sub-national regions across 78 countries over the period 1950 to 2010. On average, doubling the number of universities in a region increases that region’s subsequent income by over 4%. There are also spillover effects to other regions in the same country, creating a growth multiplier.

More in the blog post here and the full article here.

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