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Impact of Glasgow HEIs on Regional Economy

Analyzing the economic effects of higher education institutions in Glasgow using models to understand expenditure, labor supply, skills impact, and interregional effects.

alexander-mooney
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Impact of Glasgow HEIs on Regional Economy

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  1. 5.6% of Glasgow GDP Overall sub-regional impact of HEIs:The case of Glasgow Glasgow HEIs • Work in Progress: • Balanced budget and • expenditure switching • impacts • Student labour supply • Skills impacts • Interregional impacts • Alternative model • settings Modelling process: Demand impact = direct spending + multiplier effects IO-model Expenditure Students Overall economic impact = Demand + Supply impacts (ultimately taking into account wider feedbacks and spatial effects) HEIs CGE-model Labour supply Wider effects Graduates Spatial effects

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