ERIC Number: ED505628
Record Type: Non-Journal
Publication Date: 2006-Aug
Reference Count: N/A
Can Higher Education Foster Economic Growth? Chicago Fed Letter. Number 229
Mattoon, Richard H.
Federal Reserve Bank of Chicago
Not all observers agree that higher education and economic growth are obvious or necessary complements to each other. The controversy may be exacerbated because of the difficulty of measuring the exact contribution of colleges and universities to economic growth. Recognizing that a model based on local conditions and higher education's response seems somewhat amorphous, the author concludes that higher education's contributions to local economies work best when colleges and universities understand what they have to offer and what is happening to the local industrial structures of their economies. (Contains 6 endnotes.) [This newsletter was published in advance to the October 30, 2006 Chicago Fed conference on higher education's role in economic growth.]
Descriptors: Economic Progress, Higher Education, Economic Impact, School Business Relationship, Economic Development, Case Studies, Research and Development, College Role, Newsletters
Federal Reserve Bank of Chicago. 230 South LaSalle Street Chicago, IL 60604; Tel: 312-322-5322; Web site: http://www.chicagofed.org/
Publication Type: Collected Works - Serial; Reports - Descriptive
Education Level: Higher Education
Authoring Institution: Federal Reserve Bank of Chicago, IL.