The Economic Impact of Higher Education Institutions in Ireland: Evidence from Disaggregated Input Output Tables.

33 Pages Posted: 15 Oct 2014 Last revised: 17 Oct 2014

See all articles by Qiantao Zhang

Qiantao Zhang

Trinity College (Dublin) - School of Business Studies

Charles James Larkin

Institute for Policy Research (IPR), University of Bath; Trinity College Dublin

Brian M. Lucey

Trinity Business School, Trinity College Dublin; University of Sydney Business School; Ho Chi Minh City University of Economics and Finance

Date Written: October 15, 2014

Abstract

We provide, for the first time, a disaggregated input output table for Irish higher education. Using this we constructed type I and type II multipliers for gross output. We find that Irish higher education institutions have high, but explicable, Type II multipliers. Taking account of the government budget constraint we further decomposed the Type II multipliers into parts of charitable to state support and to other income. The picture painted overall is of a higher education sector which adds considerable gross value to the economy, whether via state or other income.

Keywords: input output table, Ireland, universities, institutes of education, multipliers, economic impact analysis

JEL Classification: C67, H52, I23, I26

Suggested Citation

Zhang, Qiantao and Larkin, Charles James and Lucey, Brian M., The Economic Impact of Higher Education Institutions in Ireland: Evidence from Disaggregated Input Output Tables. (October 15, 2014). Available at SSRN: https://ssrn.com/abstract=2508614 or http://dx.doi.org/10.2139/ssrn.2508614

Qiantao Zhang

Trinity College (Dublin) - School of Business Studies ( email )

AAP College Green
Dublin 2
Ireland

Charles James Larkin

Institute for Policy Research (IPR), University of Bath ( email )

10 West
Claverton Down
Bath, BA2 7AY
United Kingdom

Trinity College Dublin ( email )

AAP College Green
Dublin 2
Ireland

Brian M. Lucey (Contact Author)

Trinity Business School, Trinity College Dublin ( email )

The Sutherland Centre, Level 6, Arts Building
Dublin 2
Ireland
+353 1 608 1552 (Phone)
+353 1 679 9503 (Fax)

University of Sydney Business School ( email )

Cnr. of Codrington and Rose Streets
Sydney, NSW 2006
Australia

Ho Chi Minh City University of Economics and Finance ( email )

59C Nguyen D├Čnh Chieu
6th Ward, District 3
Ho Chi Minh City, Ho Chi Minh 70000
Vietnam

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