We investigate the choice of quality, or academic content, in higher education in a two-sector model. Individuals are differentiated according to their cost of acquiring human capital. A higher academic quality increases productivity upon training, but is also associated with higher cost of...

We raise the issue of how appropriately to attribute economic impact to consumption expenditures. Despite the salience of the topic for applied economics it has not received much explicit attention in recent literature. In Input-Output analysis consumption expenditures are either treated as...

This work attempts to examine how the global financial crisis has affected the education sector and more specifically, universities. So our paper examines the universities public funding especially in Europe, the mobility of teaching staff, students etc. Also the impact of the financial crisis...

The influence of higher education institutions on regional economic and social development is a topic of special interest and prevalent object of studies and discussions in regional sciences. Generally, universities are considered to be key actors in regional innovations systems, as they offer...

This paper focuses on the Central-European (so called „centrope") region. This region was created by a co-operation project 10 years ago, and also functions today including Vienna and other Austrian provinces such as Lower Austria and Burgenland, the region of South-Moravia in the Czech...

Transformation to post-industrial or knowledge-based economies causes changes in the structure of labour markets with growing demand on highly-qualified workforce. In XXI century human capital has become one of the most important production factors determining competitiveness and innovativeness...

Human resources are an essential element in territorial development. When the same are characterized by a high level of training are enhancers of a series of effects which are essential in the relationship between territorial and social cohesion. In this regard, the existence of higher education...

Nowadays the realization that certain economic units, universities or other objects have impact on the economy of their region comes more and more into prominence. A growing demand appears to generate more precise studies regarding the quantification of economic impact of these entities. The...

Spatial proximity facilitates transfer of knowledge and technology between research institutes or universities (RIU) and firms. Against this background the location of research institutions and universities is often seen as an instrument of regional policy to promote knowledge flows and R&D...

A ubiquitous feature of life in peripheral communities is that school leavers have to move away to attend further and higher education. From the point of view of an individual student and his family significant amounts have to be spent to pay for term time costs. These are at least partially...