Institutions of Higher Education and the Regional Economy: A Long-Term Spatial Analysis
Table 2
Non-Spatial OLS Regressions of Changes in Log County Employment 1970–2000.
(1)
(2)
(3)
(4)
(5)
(6)
Number of colleges
0.016**
0.007
0.014*
0.006
(0.007)
(0.006)
(0.007)
(0.006)
Number of large colleges
0.022
0.024
(0.033)
(0.030)
Number of colleges—Engineering
−0.005
−0.018
(0.033)
(0.030)
Number of colleges—Business
0.092**
0.060
(0.045)
(0.041)
Number of colleges—Medicine
−0.029
−0.056
(0.052)
(0.048)
Number of colleges—Doctoral/Master’s
0.047***
0.019
(0.017)
(0.016)
Number of colleges—Baccalaureate
0.030*
0.021
(0.017)
(0.016)
Number of colleges—Associate’s
0.015
0.014
(0.016)
(0.014)
Number of colleges—Other Carnegie
−0.002
−0.006
(0.010)
(0.010)
Employment share of resource sectors
−0.018***
−0.018***
−0.018***
(0.001)
(0.001)
(0.001)
Employment share of manufacturing
−0.009***
−0.008***
−0.008***
(0.001)
(0.001)
(0.001)
Undetermined industrial mix
−0.103***
−0.103***
−0.103***
(0.022)
(0.022)
(0.022)
Observations
3076
3076
3076
3076
3076
3076
-squared
0.226
0.351
0.228
0.352
0.228
0.351
Standard errors in parentheses.
*significant at 10%; **significant at 5%; ***significant at 1%. Also included in the control set are state dummies, land area and a quartic of log employment (not shown).
