TY - UNPB
T1 - Universities, students and regional economies
T2 - A symbiotic relationship?
AU - Carrascal Incera, Andre
AU - Kitsos, Anastasios
AU - Gutierrez Posada, Diana
N1 - Subseries of the CHEPS working paper series as part of the UT & ECIU RUNIN Ph.D. training network. Paul Benneworth is the series editor
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under Marie Skłodowska-Curie grant agreement No. 722295
PY - 2020
Y1 - 2020
N2 - We study the regionally heterogeneous effect of student spending in UK NUTS2 regions. Impact analyses of the £44bn students spend each year have so far been agnostic of the regional absorptive capacity to benefit from this expenditure. Building the first UK Multi-Regional Input-Output (MRIO) model and combining it with microdata, we find regional multipliers ranging from 1.11 to 1.37 for each £1 spent by a student. Similar variations are found in spillover effects and the importance of student spending to regional economies. The analysis shows a symbiotic relationship between student spending and regional industrial structures that produces varying impact outcomes.
AB - We study the regionally heterogeneous effect of student spending in UK NUTS2 regions. Impact analyses of the £44bn students spend each year have so far been agnostic of the regional absorptive capacity to benefit from this expenditure. Building the first UK Multi-Regional Input-Output (MRIO) model and combining it with microdata, we find regional multipliers ranging from 1.11 to 1.37 for each £1 spent by a student. Similar variations are found in spillover effects and the importance of student spending to regional economies. The analysis shows a symbiotic relationship between student spending and regional industrial structures that produces varying impact outcomes.
U2 - 10.3990/4.2535-5686.2020.05
DO - 10.3990/4.2535-5686.2020.05
M3 - Working paper
T3 - RUNIN Working Paper Series
BT - Universities, students and regional economies
ER -