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来源类型Working Paper
规范类型报告
DOI10.3386/w12245
来源IDWorking Paper 12245
Are Elite Universities Losing Their Competitive Edge?
E. Han Kim; Adair Morse; Luigi Zingales
发表日期2006-05-22
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Microeconomics ; Economics of Information ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Unemployment and Immigration ; Industrial Organization ; Firm Behavior ; Nonprofits ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w12245
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/569899
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E. Han Kim,Adair Morse,Luigi Zingales. Are Elite Universities Losing Their Competitive Edge?. 2006.
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