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

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