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Assessing the Effect of the Polytechnic, Wolverhampton on the Local Community

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  • J.A. Lewis

    (Faculty of Business and Social Sciences, The Polytechnic, Wolverhampton)

Abstract

The paper reviews the literature related to the assessment of the effects of an establishment on a local community, particularly those concerned with educational establishments. The theory of the methods of impact assessment are reviewed and some of the problems associated with empirical identification and evaluation of effects are highlighted. The limitations of the basic models are considered. In the case of an educational establishment there are a number of specific impacts, such as the effects of student incomes and expenditures. The paper includes estimations of the impact on jobs and incomes in and around Wolverhampton of the Polytechnic and identifies a number of additional benefits which accrue but cannot be given monetary values. A number of assumptions have had to be made in order to assign values to certain impacts. Wherever these occur they are clearly detailed so that they may be open to debate.

Suggested Citation

  • J.A. Lewis, 1988. "Assessing the Effect of the Polytechnic, Wolverhampton on the Local Community," Urban Studies, Urban Studies Journal Limited, vol. 25(1), pages 53-61, February.
    • Handle: RePEc:sae:urbstu:v:25:y:1988:i:1:p:53-61
    DOI: 10.1080/00420988820080051
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    References listed on IDEAS

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    1. Greig, Michael A, 1971. "The Regional Income and Employment Multiplier Effects of a Pulp Mill and Paper Mill," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(1), pages 31-48, February.
    2. Sinclair, M Thea & Sutcliffe, Charles M S, 1982. "Keynesian Income Multipliers with First and Second Round Effects: An Application to Tourist Expenditure," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 44(4), pages 321-338, November.
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    5. Sinclair, M Thea & Sutcliffe, Charles M S, 1983. "Injection Leakages, Trade Repercussions and the Regional Income Multiplier: An Extension," Scottish Journal of Political Economy, Scottish Economic Society, vol. 30(3), pages 275-286, November.
    6. Brownrigg, M, 1973. "The Economic Impact of a New University," Scottish Journal of Political Economy, Scottish Economic Society, vol. 20(2), pages 123-139, June.
    7. Steele, D B, 1969. "Regional Multipliers in Great Britain," Oxford Economic Papers, Oxford University Press, vol. 21(2), pages 268-292, July.
    8. Sinclair, M Thea & Sutcliffe, Charles M S, 1978. "The First Round of the Keynesian Regional Income Multiplier," Scottish Journal of Political Economy, Scottish Economic Society, vol. 25(2), pages 177-186, June.
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    Cited by:

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    2. Balazs Kotosz & Marie-France Gaunard-Anderson & Miklos Lukovics, 2015. "International Inequalities in The Local Economic Impact of Universities: The Case of Hungary and France," ERSA conference papers ersa15p777, European Regional Science Association.
    3. Ernesto Tavoletti, 2007. "The local and regional economic role of universities: the case of the University of Cardiff," Working Papers 09-2007, Macerata University, Department of Studies on Economic Development (DiSSE), revised Feb 2010.
    4. Kellermann, Kersten & Schlag, Carsten-Henning, 2006. "Bildung als öffentliche Aufgabe in Liechtenstein: Eine ökonomische Analyse des Bildungswesens unter besonderer Berücksichtigung der Hochschule. Studie im Auftrag der Regierung des Fürstentums Liechten," KOFL Studien, Konjunkturforschungsstelle Liechtenstein (KOFL), Vaduz, volume 3, number 3.
    5. Sergio P. Santos & Joao A. Silva, 2000. "Using Input-output Analysis to Estimate the Regional Economic Impact of Universities: a Case Study," Regional and Urban Modeling 283600083, EcoMod.
    6. Maria Mavri & Vasilis Angelis & Katerina Dimaki, 2011. "The Impact of Educational Activities on Regional Development," ERSA conference papers ersa10p1111, European Regional Science Association.

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