Skip to main content

Part of the book series: Advances in Spatial Science ((ADVSPATIAL))

  • 677 Accesses

Abstract

There have been many studies of the economic impacts of universities over the years. Many of them focused on college towns where the university was the prime economic activity. This chapter focuses on a different case where the university (USC) had a major influence on one neighborhood, not the whole city or region. In fact, the USC economic impact accounts for 0.57 % of the City of Los Angeles gross regional product (GRP), 0.38 % of the County’s GRP and 0.11 % of the State of California’s 0.11 % of GSP (ERA 2009). The chapter focuses on two issues: the economic impact of the university (in terms of output and employment); and the effects of the university’s growth on neighborhood regeneration.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

eBook
USD 16.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Notes

  1. 1.

    In the 1960s USC considered for a time moving out of the neighborhood to a more attractive environment on the lines of Pepperdine University’s decision to locate near the Pacific Ocean in Malibu, California.

References

  • Economic Research Associates (2009) Economic impact analysis of the University of Southern California annual operations. ERA, Los Angeles

    Google Scholar 

  • Gordon P, Richardson HW (1994) USC’s economic impact on the region. Lusk Cent Res Bull 1(1)

    Google Scholar 

  • Gordon L (2010) USC plans $900 million shopping and residential upgrade. LA Times, July 3

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Harry W. Richardson .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2015 Springer International Publishing Switzerland

About this chapter

Cite this chapter

Richardson, H.W., Gordon, P., Pan, Q. (2015). The Local Economic and Social Impacts of a University. In: Richardson, H., Pan, Q., Park, J., Moore II, J. (eds) Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies. Advances in Spatial Science. Springer, Cham. https://doi.org/10.1007/978-3-319-14322-4_13

Download citation

Publish with us

Policies and ethics