caa a22 4500 477138713 CHVBK 20180405111726.0 cr unu---uuuuu 170330e19970401xx s 000 0 eng 10.1023/A:1024937821040 doi (NATIONALLICENCE)springer-10.1023/A:1024937821040 A Note on Measuring the Economic Impact of Institutions of Higher Education [Elektronische Daten] [Kenneth Brown, Michael Heaney] Universities and other institutions of higher education are frequently asked to justify, in economic terms, the allocation of state monies toward their programs. These institutions have often responded by conducting economic impact studies. The traditional approach to economic impact views increases in expenditures by a university as a means to create new jobs within the state and to expand the state's economic base. Recent studies have employed a new approach that also accounts for increases in the state's skill base as part of the economic impact. Although the skill-base approach yields favorable results for higher education, recent applications of the technique fail to consider fully the effects of migration on a university's economic impact and, thus, substantially overestimate the impact. Researchers are well advised to avoid the skill-base approach and to utilize the traditional economic-base approach, which produces more reliable estimates of local economic impact. Moreover, states and universities are cautioned not to place the debate over education financing exclusively in the realm of economic impact, since there are other reasons to provide publicly funded higher education. Human Sciences Press, Inc., 1997 Brown Kenneth The University of Northern Iowa, USA aut Heaney Michael Department of Political Science, Indiana University, 47405-6001, Bloomington, IN aut Research in Higher Education Kluwer Academic Publishers-Plenum Publishers 38/2(1997-04-01), 229-240 0361-0365 38:2<229 1997 38 11162 https://doi.org/10.1023/A:1024937821040 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1023/A:1024937821040 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Brown Kenneth The University of Northern Iowa, USA aut NATIONALLICENCE 700 1- Heaney Michael Department of Political Science, Indiana University, 47405-6001, Bloomington, IN aut NATIONALLICENCE 773 0- Research in Higher Education Kluwer Academic Publishers-Plenum Publishers 38/2(1997-04-01), 229-240 0361-0365 38:2<229 1997 38 11162 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer