Template-Type: ReDIF-Paper 1.0
Author-Name: Kristinn  Hermannsson
Author-Name-First: Kristinn 
Author-Name-Last: Hermannsson
Author-Email: kristinn.hermannsson@strath.ac.uk
Author-Workplace-Name: Department of Economics, Strathclyde University
Author-Name: Katerina  Lisenkova
Author-Name-First: Katerina 
Author-Name-Last: Lisenkova
Author-Email: katerina.lisenkova@strath.ac.uk
Author-Workplace-Name: Department of Economics, Strathclyde University
Author-Name: Peter  McGregor
Author-Name-First: Peter 
Author-Name-Last: McGregor
Author-Email: p.mcgregor@strath.ac.uk
Author-Workplace-Name: Fraser of Allander Institute, Strathclyde University
Author-Name: Kim  Swales
Author-Name-First: Kim 
Author-Name-Last: Swales
Author-Email: j.k.swales@strath.ac.uk
Author-Workplace-Name: Department of Economics, Strathclyde University
Title: An HEI-Disaggregated Input-Output Table for Wales*
Abstract: This paper describes how the education sector of the Welsh Input-Output tables is disaggregated to identify a separate sector for each of Wales’s twelve Higher Education Institutions (HEIs). The process draws on accounting and survey data to accurately determine the incomes and expenditures of each institution. In particular we emphasise determining the HEIs incomes source of origin to inform their treatment, as endogenous or exogenous, in subsequent analyses. The HEI-disaggregated Input-Output table provides a useful descriptive snapshot of the Welsh economy and the role of HEIs within it for a particular year, 2006. The table can be used to derive multipliers and conduct various impact studies of each institution or the sector as a whole. The table is furthermore useful to calibrate other multi-sectoral, HEI-disaggregated models of regional economies, including Social Accounting Matrix (SAM) and computable general equilibrium (CGE) models.
Length: 33 pages
Creation-Date: 2010-10
Revision-Date: 
Publication-Status: 
File-URL: http://www.strath.ac.uk/media/departments/economics/10-21.pdf
File-Format: Application/pdf
Number: 1021
Classification-JEL: D57, I23, H75, R15.
Keywords: Higher Education Institutions, Universities, Input-Output, Wales, Impact study, Multipliers, Devolution.
Handle: RePEc:str:wpaper:1021