The economic impact of higher education institutions in Ireland: evidence from disaggregated input–output tables. Issue 9 (2nd September 2017)

• Record Type: Journal Article
• Authors: Zhang, Qiantao; Larkin, Charles; Lucey, Brian M.
• Is Part Of: Studies in higher education. Volume 42:Issue 9(2017)
• Page Start: 1601
• Page End: 1623
• Publication Date: 2017-09-02
• Subjects: Input–output analysis -- economic impact -- Ireland -- universities -- institutes of technology; Education, Higher -- Periodicals; 378.005
• DOI: 10.1080/03075079.2015.1111324
• Languages: English
• ISSNs: 0307-5079

Abstract

Abstract : While there has been a long history of modelling the economic impact of higher education institutions (HEIs), little research has been undertaken in the context of Ireland. This paper provides, for the first time, a disaggregated input–output table for Ireland's higher education sector. The picture painted overall is a higher education sector that adds considerable gross value to the national economy, whether via state or other income. In 2010–2011, the gross income of Irish HEIs, as a total of €2.6 billion, generated gross output nationwide of €10.6 billion. This study also contributes to the major challenges facing the sector in a post-Bailout environment.