Universities, students and regional economies: A symbiotic relationship?

Andre Carrascal Incera, Anastasios Kitsos, Diana Gutierrez Posada

Research output: Working paper

29 Downloads (Pure)

Abstract

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.
Original languageEnglish
Number of pages44
DOIs
Publication statusPublished - 2020
Externally publishedYes

Publication series

NameRUNIN Working Paper Series
No.05
Volume2020
ISSN (Electronic)2535-5686

Fingerprint Dive into the research topics of 'Universities, students and regional economies: A symbiotic relationship?'. Together they form a unique fingerprint.

  • Cite this

    Carrascal Incera, A., Kitsos, A., & Gutierrez Posada, D. (2020). Universities, students and regional economies: A symbiotic relationship? (RUNIN Working Paper Series; Vol. 2020, No. 05). https://doi.org/10.3990/4.2535-5686.2020.05