Abstract
In the context of Ireland there is scarce evidence of the economic impact of higher education institutions (HEIs). Building upon previous research that undertakes such an analysis using input-output approaches, this chapter contributes to our knowledge in two respects. First, it adopts a Keynesian multiplier approach and thus enables comparisons between the results of the two methods. Second, it allows a closer examination of the role of HEIs at the regional level. In line with existing evidence, this chapter finds that both Irish universities and institutes of technology are a significant economic force in the economy. It also identifies a negative relationship between the estimated multipliers and the size of institutions as measured by total expenditure.
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Zhang, Q., Larkin, C., Lucey, B.M. (2017). The Economic Impact of Higher Education Institutions. In: Cullinan, J., Flannery, D. (eds) Economic Insights on Higher Education Policy in Ireland. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-48553-9_8
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DOI: https://doi.org/10.1007/978-3-319-48553-9_8
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