Institutions of Higher Education and the Regional Economy: A Long-Term Spatial Analysis
Table 4
Spatial Regressions of Changes in Log County Employment 1970–2000.
(1)
(2)
(3)
(4)
(5)
(6)
Coefficient
LR
Coefficient
LR
Coefficient
LR
Coefficient
LR
Coefficient
LR
Coefficient
LR
Number of colleges
0.017**
6.31
0.007
1.33
0.007
1.02
−9.57·10-5
0.0002
Number of large colleges
0.016
0.27
0.018
0.38
Number of colleges—Engineering
0.009
0.07
−0.002
0.01
Number of colleges—Business
0.120***
7.68
0.085**
4.64
Number of colleges—Medicine
0.058
1.28
0.026
0.31
Spatially lagged number of colleges
0.055***
79.01
0.063***
125.80
0.042497
13.94
0.065***
38.10
Spatially lagged number of large colleges
−0.353***
22.44
−0.325***
22.88
Spatially lagged number of colleges—Engineering
−0.017
0.05
−0.078
1.17
Spatially lagged number of colleges—Business
0.476***
19.37
0.461***
21.84
Spatially lagged number of colleges—Medicine
0.381***
10.05
0.191*
3.02
Number of colleges—Doctoral/Master’s
0.055***
11.25
0.023
2.34
Number of colleges—Baccalaureate
0.031*
3.40
0.023
2.23
Number of colleges—Associate’s
0.016
1.07
0.012
0.72
Number of colleges—Other Carnegie
−0.007
0.53
−0.011
1.35
Spatially lagged number of colleges—Doctoral/Master’s
0.137***
14.95
0.125***
14.91
Spatially lagged number of colleges—Baccalaureate
0.100***
6.79
0.160***
20.71
Spatially. lagged number of colleges—Associate’s
−0.020
0.41
0.035
1.58
Spatially lagged number of colleges—Other Carnegie
0.027
1.65
0.016
0.68
Industrial mix controls included?
No
Yes
No
Yes
No
Yes
Observations
3076
3076
3076
3076
3076
3076
LR-fit
868.0***
1454.4***
935.1***
1510.0***
885.8***
1472.4***
LR-lags
79.0***
125.8***
139.2***
176.8***
90.9***
140.6***
*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).
