| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5700 |
| DP5700 Are Elite Universities Losing their Competitive Edge? | |
| Luigi Zingales; Adair Morse; E Han Kim | |
| 发表日期 | 2006-05-30 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect weakened in the 1980s and disappeared in the 1990s. We decompose this university fixed effect and find that its decline is due to the reduced importance of physical access to productive research colleagues. We also find that salaries increased the most where the estimated externality dropped the most, consistent with the hypothesis that the de-localization of this externality makes it more difficult for universities to appropriate any rent. Our results shed some light on the potential effects of the internet revolution on knowledge-based industries. |
| 主题 | Financial Economics ; Industrial Organization ; Labour Economics |
| 关键词 | Faculty productivity Firm boundaries Knowledge-based industries Theory of the firm |
| URL | https://cepr.org/publications/dp5700 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534543 |
| 推荐引用方式 GB/T 7714 | Luigi Zingales,Adair Morse,E Han Kim. DP5700 Are Elite Universities Losing their Competitive Edge?. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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