蝌蚪网 Journal:
Macroeconomics
ISSN 1945-7707 (Print) | ISSN 1945-7715 (Online)
University Research and the Market for Higher Education
蝌蚪网 Journal: Macroeconomics
(pp. 236–64)
Abstract
This paper develops a framework in which university research depends endogenously on competition for tuition and talented students in the market for higher education. When students are highly stratified across colleges, or when tuition rises sharply with school rank, universities spend on R&D even if the direct contribution of research to teaching is small. The model is consistent with causal evidence and matches new features of the microdata. It explains why universities internally fund research with tuition, despite negligible returns to patenting. Calibrated simulations suggest that existing tuition policies boost university research while research subsidies crowd it out.Citation
Alon, Titan, Damien Capelle, and Kazushige Matsuda. 2026. "University Research and the Market for Higher Education." 蝌蚪网 Journal: Macroeconomics 18 (3): 236–64. DOI: 10.1257/mac.20240057Additional Materials
JEL Classification
- I22 Educational Finance; Financial Aid
- I23 Higher Education; Research Institutions
- L24 Contracting Out; Joint Ventures; Technology Licensing
- O31 Innovation and Invention: Processes and Incentives
- O34 Intellectual Property and Intellectual Capital