University Research and the Market for Higher EducationIndian Rupee

• 成果类型: Article
• 署名作者: Alon, Titan; Capelle, Damien; Matsuda, Kazushige
• 署名单位: University of California System; University of California San Diego; Keio University
• 刊物名称: AMERICAN ECONOMIC JOURNAL-MACROECONOMICS
• ISSN/ISSBN: 1945-7707
• DOI: 10.1257/mac.20240057
• 发表日期: 2026
• 关键词: research-and-development; basic research; incentives; INNOVATION; ECONOMICS; tracking; POLICY; tax

摘要

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. (JEL I22, I23, L24, O31, O34)