The demographic challenge facing Scottish HEIs: a computable general equilibrium analysis
Hermannsson, K. and Lisenkova, K. and McGregor, P.G. and Swales, J.K. (2009) The demographic challenge facing Scottish HEIs: a computable general equilibrium analysis. Fraser Economic Commentary. (http://www.strath.ac.uk/media/departments/economic...)
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Abstract
This paper measures the regional demand impacts on output and employment of Scottish Higher Education Institutions (HEIs) based on Input-Output tables for the year 2006. The HEI disaggregated table was developed from existing Input-Output tables using supplementary data from HESA and purchasing data for Scottish universities. We calculate direct, indirect and induced impacts. Most of the existing literature focuses on individual institutions by employing Keynesian Multiplier or Input-Output analysis. This paper adds to the literature by providing the first systematic study of all individual HEIs using a common framework of analysis. The results suggest that HEIs may have substantial regional economic impacts both in terms of output and employment. Furthermore analysis of the HEIs' income sources suggests they are more export intensive than is commonly acknowledged, which motivates a re-evaluation of the appropriate counterfactual in regional impact studies of HEIs. Keywords: HEIs, University Impact, Input-Output.
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Item type: Other ID code: 15449 Dates: DateEventJune 2009PublishedSubjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics Depositing user: Mrs Kirsty Fontanella Date deposited: 18 Feb 2010 14:39 Last modified: 06 Aug 2024 00:38 URI: https://strathprints.strath.ac.uk/id/eprint/15449