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THE IMPACT OF UNIVERSITY OF ALCALA IN THE LOCAL ECONOMY
Working team
DIRECTOR
Dr. Rubén Garrido Yserte
PhD in Economics. Director of Urban and Territorial Analysis area at IAES
RESEARHERS
Dª. María Teresa Gallo: PhD in Economics. Researcher at IAES
D. Daniel Tripodi: Ingeneer. Former reseacher at IAES
Other collaborators in the report:
D. Felix Pablo Pindado: Economist. Director of Regio Plus Consulting.
D. Jesús Prado: Técnico Superior del Instituto Nacional de Estadística.
Abstract:
The university, as a stream of income and expenses has a positive impact on local economic development. These effects can be classified into two categories: side effects of supply-related human capital and research - and the side effects of the application - related expenditure and its multiplier effect on the local economy. This research focuses on the effects on the demand side of the University of Alcalá (Madrid, Spain) from the estimation of a simplified version of the ACE model and using the input-output technique that considers the household sector to estimate induced effects. Finally, we propose a way to geographically distribute these effects in the Community of Madrid, using eleven intra-regional areas.
Working team
DIRECTOR
Dr. Rubén Garrido Yserte
PhD in Economics. Director of Urban and Territorial Analysis area at IAES
RESEARHERS
Dª. María Teresa Gallo: PhD in Economics. Researcher at IAES
D. Daniel Tripodi: Ingeneer. Former reseacher at IAES
Other collaborators in the report:
D. Felix Pablo Pindado: Economist. Director of Regio Plus Consulting.
D. Jesús Prado: Técnico Superior del Instituto Nacional de Estadística.
Abstract:
The university, as a stream of income and expenses has a positive impact on local economic development. These effects can be classified into two categories: side effects of supply-related human capital and research - and the side effects of the application - related expenditure and its multiplier effect on the local economy. This research focuses on the effects on the demand side of the University of Alcalá (Madrid, Spain) from the estimation of a simplified version of the ACE model and using the input-output technique that considers the household sector to estimate induced effects. Finally, we propose a way to geographically distribute these effects in the Community of Madrid, using eleven intra-regional areas.