Examines a new approach to university economic impact research that views institutional expenditures as a means to increase the state's skill base, and finds that while the approach yields favorable results for higher education it fails to consider fully the effects of migration. Advises researchers to avoid this approach and use the traditional,…

Maintains that Chinese urbanization is proceeding rapidly in step with population growth and a structural shift in employment patterns. Discusses governmental policies and economic reforms that enhance the urbanization process. Describes four extended metropolitan areas and maintains they will be the models for future urbanization. (CFR)