An HEI-disaggregated input-output table for Wales

Hermannsson, Kristinn and Lisenkova, Katerina and McGregor, Peter and Swales, John (2010) An HEI-disaggregated input-output table for Wales. Discussion paper. Strathclyde Discussion Papers in Economics.

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    Abstract

    This paper describes how the education sector of the Welsh Input-Output tables is disaggregated to identify a separate sector for each of Wales’s twelve Higher Education Institutions (HEIs). The process draws on accounting and survey data to accurately determine the incomes and expenditures of each institution. In particular we emphasise determining the HEIs incomes source of origin to inform their treatment, as endogenous or exogenous, in subsequent analyses. The HEI-disaggregated Input-Output table provides a useful descriptive snapshot of the Welsh economy and the role of HEIs within it for a particular year, 2006. The table can be used to derive multipliers and conduct various impact studies of each institution or the sector as a whole. The table is furthermore useful to calibrate other multi-sectoral, HEI-disaggregated models of regional economies, including Social Accounting Matrix (SAM) and computable general equilibrium (CGE) models.

    Creators(s): Hermannsson, Kristinn, Lisenkova, Katerina ORCID logoORCID: https://orcid.org/0000-0003-0264-9797, McGregor, Peter ORCID logoORCID: https://orcid.org/0000-0003-1221-7963 and Swales, John;
    Item type:Monograph(Discussion paper)
    ID code:39711
    Keywords:Higher Education Institutions, input-output, Wales, Economic Theory
    Subjects:Social Sciences > Economic Theory
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:15 May 2012 14:52
    Last modified:19 Dec 2020 03:11
    Related URLs:
    URI:https://strathprints.strath.ac.uk/id/eprint/39711
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