Estimation of the impact of the Universidad Técnica Particular de Loja on the local economy
DOI:
https://doi.org/10.25097/rep.n41.2025.02Keywords:
local economy, employment, impact, universityAbstract
The purpose of this study is to estimate the impact of the Universidad Técnica Particular de Loja (UTPL) and Related Legal Persons (RLP) on the economy of Loja for the year 2023. The simplified ACE method was used, and data was collected from surveys of students and official institutional records. The results show that the total expenses associated with these institutions in the local economy are 75.8 million dollars, which represents 4.84% of the provincial GVA of Loja and 6.49% of the Cantonal GVA; The UTPL and the RLP generate 5,398 direct and indirect jobs, their relative importance in relation to those employed in the private sector of the province, canton and city of Loja is 10.6 %, 14.8 % and 16.5 %, respectively. This demonstrates the significant contribution of the UTPL to the local economy and its significant impact on regional development.
Downloads
References
Acar, Y. (2022). The economic impact of universities: empirical evidence from Turkish provinces. Applied Economics Letters, 30(19), 2825–2831. https://doi.org/10.1080/13504851.2022.2109572
Amendola, A., Barra, C., y Zotti, R. (2023). Universities, Local Economic Productivity and Quality of Institutions: Evidence From Italy. International Regional Science Review, 46(2), 179-209. https://doi.org/10.1177/01600176221099178
Audretsch, D. B., y Feldman, M. P. (2004). Knowledge spillovers and the geography of innovation. In Handbook of regional and urban economics, 4, 2713-2739. https://doi.org/10.1016/S1574-0080(04)80018-X
Bawa, A. C., y Pouris, A. (2023). An assessment of the economic impact of South Africa’s public universities. South African Journal of Science, 119(9/10). https://doi.org/10.17159/sajs.2023/14851
Becker, G. S. (1993). Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd ed.). Chicago: The University of Chicago Press. ISBN 0226041204.
Blackwell, M., Cobb, S., y Weinberg, D. (2002). The Economic Impact of Educational Institutions: Issues and Methodology. Economic Development Quarterly, 16(1), 88-95. https://doi.org/10.1177/0891242402016001009
Bluestone, B. (1993). UMASS/Boston: an economic impact analysis. Boston: University of Massachusetts. https://eric.ed.gov/?id=ED356733
Caffrey, J., y Isaacs, H. H. (1971). Estimating the Impact of a College or University on the Local Economy.
Candell, A. B., y Jaffe A.B. (1999). The regional economic impact of public research funding: A case study of Massachusetts. In L. M. Branscomb, F. Kodama, and R. Florida (Eds.), Industrializing knowledge: University-industry linkages in Japan and the United States, (pp. 510-530). Cambridge, MA: MIT Press.
Correa-Quezada, R., Ochoa, F. y Quinche, P. (2017). Creatividad y clase creativa en Ecuador. (2017). En Valdivia, M., y Cuadrado-Roura, J. R (Eds.), La economía de las actividades creativas: Una perspectiva desde España y México (pp. 435-490). Co publicación CRIM-UNAM- Universidad de Alcalá. https://doi.org/10.22201/crim.9786070295331e.2018.c16
Drucker, J., y Goldstein, H. (2007). Assessing the regional economic development impacts of universities: A review of current approaches. International regional science review, 30(1), 20-46. https://doi.org/10.1177/016001760629673
Elliott, D. S., Levin, S. L., y Meisel, J. B. (1988). Measuring the Economic Impact of Institutions of Higher Education. Research in Higher Education, 28(1), 17–33. http://www.jstor.org/stable/40195845
ESPOL y BID. (2020). Evaluación de la contribución económica de la Escuela Superior Politécnica del Litoral - ESPOL: Un análisis de corto y largo plazo. Centro de Investigaciones Económicas-CIEC. https://www.espol.edu.ec/sites/default/files/d9/Estudio_CIEC-BID.pdf
Felsenstein, D. (1996). The university in the metropolitan arena: Impacts and public policy implications. Urban Studies, 33, pp. 1565-1580. https://doi.org/10.1080/00420989665
Fernandes, J., Oliveira, P. y Cunha, J. (2010). Measuring the economic impact of an HEI in a deprived region of Portugal. In 2nd Paris International Conference on Education, Economy and Society (Vol. 1, pp. 189-199). https://core.ac.uk/download/pdf/55617644.pdf
Ferreira, A. y Santos, E. A. (2018). Expansão da Universidade Oública e o seu impacto na economia local: Microevidências da ampliação dos campi da uff em Volta Redonda. Revista Brasileira De Gestão E Desenvolvimento Regional, 14(1). Recuperado de https://www.rbgdr.net/revista/index.php/rbgdr/article/view/3469
Garrido Yserte, R., Gallo, M. T., Tripodi, D., Pablo Pindado, F. y Prado, J. (2007). El impacto de la Universidad de Alcalá sobre la economía local.
Goddard, J. y Vallance, P. (2013). The University and the City (1st ed.). Routledge. https://doi.org/10.4324/9780203068366
Goldstein, H. A. (1989). Estimating the regional economic impact of universities: An application of input-output analysis. Planning for Higher Education, 18, 51-64.
Harris, R. (2006). Los efectos sociales y económicos de la Universidad de Portsmouth en la economía local. En C. Bellet y J. Ganau (Eds.), Ciudad y universidad. Ciudades universitarias y campus urbanos, (pp. 55-87). Lleida: Milenio
Jaramillo García, K. G., García Hernández, P. y Jaramillo Jaramillo, M. (2024). Impacto generado por la comunidad estudiantil universitaria en economía de un municipio mexicano. RILCO DS: Revista de Desarrollo sustentable, Negocios, Emprendimiento y Educación, 6(51), 50-71.
Katalin, E., Norbert, S., Zsófia, V. M. y Attila, V. (2021). Study Of The Regional Economic Impacts Of The University Of PéCs With Gmr-Hungary Model. Teruleti Statisztika, 61(1), 48–78. https://www.ceeol.com/search/article-detail?id=938810
Kochetkov, D. M., Larionova, V. A. y Vukovic, D. B. (2017). Entrepreneurial Capacity of Universities and Its Impact on Regional Economic Growth. Ekonomika regiona [Economy of Region], 13(2), pp. 477-488. https://doi.org/10.17059/2017-2-13
McDaniel, F. C. (2006). An Economic Impact Study of Coosa Valley Technical College (Doctoral dissertation, University of Georgia). https://esploro.libs.uga.edu/esploro/outputs/9949333469402959
Pastor, J.M., Pérez, F. y Fernández de Guevara, J. (2013). Measuring the local economic impact of universities: an approach that considers uncertainty. High Educ, 65, 539–564. https://doi.org/10.1007/s10734-012-9562-z
Pellenbarg, P. H. (2007). How to Calculate the Impact of a University on the Regional Economy. A Case Study of the University of Groningen, the Netherlands. In J. Kern, J. Malinovsky, y J. Suchacek (Eds.), Learning Regions in Theory and Practice (pp. 169 - 197). VSB - Technicka Univerzita.
Peng, C. y Xu, H. (2024). Universities and cities: The impact of higher education on urban innovation, entrepreneurship, and economic growth. Asian Economic Papers, 23(2), 33-56. https://doi.org/10.1162/asep_a_00890
Rovira, A., Szmulewicz, P., Coper, S. y Arriagada, A. (2022). Contribución de la Universidad a la Economía Regional en Chile. Revista Venezolana De Gerencia, 27(Especial 8), 1067-1081. https://doi.org/10.52080/rvgluz.27.8.22
Ruiz Enríquez, H. M. (2014). Impacto socioeconómico de la creación de una universidad en el Ecuador, caso Universidad Politécnica Estatal del Carchi. SATHIRI, (7), pp. 9-22. https://doi.org/10.32645/13906925.318
Ryan, G. J. (1983). The direct economic impact of New Jersey’s community colleges (Doctoral dissertation, Nova University, 1983).
Ryan, G. J. y Malgieri, P. (1992). Economic impact studies in community colleges: The short cut model (second edition). Resource Paper No. 48, National Council for Resource Development.
Sala Ríos, M., Enciso Rodríguez, J. P., Farré Perdiguer, M. y Torres Solé, T. (2000). El impacto económico de la universidad sobre la producción, la renta y el empleo local. Revista del Ministerio de Trabajo y Asuntos Sociales: Revista del Ministerio de Trabajo e Inmigración, 21, pp. 189-208.
Soza-Amigo, S. (2012). Determinación del impacto de la Universidad de Magallanes en la comuna de Punta Arenas. Magallania (Punta Arenas), 40(2), 89-100. https://dx.doi.org/10.4067/S0718-22442012000200005
Steinacker, A. (2005). The Economic Effect of Urban Colleges on their Surrounding Communities. Urban Studies, 42(7), 1161-1175. https://doi.org/10.1080/00420980500121335
Thanki, R. (1999). How do we know the value of higher education to regional development? Regional Studies, 33, 84-89.
Valero, A. y Van Reenen, J. (2016). How universities boost economic growth. VoxEU. org. https://cepr.org/voxeu/columns/how-universities-boost-economic-growth
Valero, A. y Van Reenen, J. (2019). The economic impact of universities: Evidence from across the globe. Economics of Education Review, 68, 53–67. https://doi.org/10.1016/j.econedurev.2018.09.001
Yanagiura, T. y Tateishi, S. (2024). Local economic impact of small, non-research private universities: evidence from Japan. Economics of Education Review, 102, 102576. https://doi.org/10.1016/j.econedurev.2024.102576
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Economy and Politics Journal
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
The Journal declines any responsibility for possible conflicts derived from the authorship of the works that are published in it.
The University of Cuenca in Ecuador conserves the patrimonial rights (copyright) of the published works and will favor the reuse of the same ones, these can be: copy, use, diffuse, transmit and expose publicly.
Unless otherwise indicated, all contents of the electronic edition are distributed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
