Short- and Long-Term Macroeconomic Returns to Higher Education
Bibliographic Data
| ID | 2544804 |
|---|---|
| Authors | Jimy M Sanders (corresponding author) |
| Year | 1992 |
| Volume | 65 |
| Issue | 1 |
| Pages | 21 |
| Publication date | 1992-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Sociology of Education (JOURNAL) |
| Journal identifiers | ISSN: 0038-0407 • E-ISSN: 1939-8573 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2112690 |
| OpenAlex | W2052350013 |
| Language | EN |
| Citations received | 2 |
| References cited | 21 |
This study examines relationships between expenditures on higher education and economic production in the United States. Aggregate time-series models yield three main findings. First, the private economy appears to be better stimulated by governmental spending on higher education than by governmental spending in general. Second, higher education expenditures on organized research have favorable and long-lasting effects on private production. Third, higher education expenditures on nonresearch activities are stimulative over the short term, but are inversely related to private production over the long term. Several implications of these findings are discussed, including how post-1960 changes in the priorities of federal and state spending on higher education may be affecting the national economy
Demographic economics · Economic growth · Economics · Education economics · Education policy · Higher education · Labour economics · Macroeconomics · Private education · Production (economics) · Public economics · Term (time) · Yield (engineering) · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Higher Education Research Studies
The General Theory of Employment, Interest and Money.
The Distributed Lag Between Capital Appropriations and Expenditures
Higher education as a filter
Time Series Analysis
Social Capital in the Creation of Human Capital
The economic value of education.
Education and jobs
Overeducation and Underemployment
Managers and Work Reform
Mismatch between occupation and schooling
Education in Production
The Impact of an Institution's Federal Research Grants on the Economy of its State
Investment in Learning
Ideology and the Politics of Higher Education
State Legislatures and the Autonomy of Colleges and Universities
State Appropriations and Enrollments
Academic Freedom and the State
A Degree and What Else
Educational Expansion and Economic Output in the United States, 1890-1969
Institutionalized Organizations
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,11 |
| Citation span | 2007 - 2014 (8) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |