The regional economic impact of more graduates in the labour market. A 'micro-to-macro' analysis for Scotland.

Autor/inn/en	Hermannsson, Kristinn; Lisenkova, Katerina; Lecca, Patrizio; Swales, J. Kim; McGregor, Peter G
Titel	The regional economic impact of more graduates in the labour market. A 'micro-to-macro' analysis for Scotland. Gefälligkeitsübersetzung: Die regionalwirtschaftlichen Auswirkungen von mehr Hochschulabsolventen auf dem Arbeitsmarkt. Von einer mikro- zu einer makroökonomischen Analyse für Schottland.
Quelle	In: Environment & planning. A. Economy and space, 46 (2014) 2, S. 471-487 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0308-518X; 1472-3409
DOI	10.1068/a45326
Schlagwörter	Großbritannien; Lohn; Schottland; Berufliche Integration; Hochschule; Regionalentwicklung; Regionaler Arbeitsmarkt; Bildungseinrichtung; Lohnhöhe; Regionalentwicklung; Angebotsentwicklung; Arbeitskräftestruktur; Lohn; Lohnhöhe; Arbeitskräfteangebot; Arbeitsmarktentwicklung; Berufliche Integration; Regionaler Arbeitsmarkt; Hochschule; Bildungseinrichtung; Hochschulabsolvent; Großbritannien; Schottland
Abstract	"This paper explores the system-wide impact of graduates on the regional economy. Graduates enjoy a significant wage premium, often interpreted as reflecting their greater productivity relative to nongraduates. If this is so there is a clear and direct supply-side impact of higher education institution (hei) activities on regional economies. We use an hei-disaggregated computable general equilibrium model of Scotland to estimate the impact of the growing proportion of graduates in the Scottish labour force that is implied by the current participation rate and demographic change, taking the graduate wage premium in Scotland as an indicator of productivity enhancement. While the detailed results vary with alternative assumptions about the extent to which wage premia reflect productivity, they do suggest that the long-term supply-side impacts of heis provide a significant boost to regional gdp. Furthermore, the results suggest that the supply-side impacts of heis are likely to be more important than the expenditure impacts that are the focus of most hei impact studies." (Text excerpt, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2014/3