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dc.contributor.authorHermannsson, Kristinn
dc.contributor.authorLisenkova, Katerina
dc.contributor.authorMcGregor, Peter G.
dc.contributor.authorSwales, J. Kim
dc.date.accessioned2012-04-24T11:04:48Z
dc.date.available2012-04-24T11:04:48Z
dc.date.issued2010
dc.identifier.urihttp://hdl.handle.net/10943/191
dc.description.abstractA “policy scepticism” has emerged that challenges the results of conventional regional HEI impact analyses. Its denial of the importance of the expenditure impacts of HEIs appears to be based on a belief in either a binding regional resource constraint or a regional public sector budget constraint. In this paper we provide a systematic critique of this policy scepticism. However, while rejecting the extreme form of policy scepticism, we argue that it is crucial to recognise the importance of the public-sector expenditure constraints that are binding under devolution. We show how conventional impact analyses can be augmented to accommodate regional public sector budget constraints. While our results suggest that conventional impact studies overestimate the expenditure impacts of HEIs, they also demonstrate that the policy scepticism that treats these expenditure effects as irrelevant neglects some key aspects of HEIs, in particular their export intensity.en_US
dc.publisherUniversity of Strathclydeen_US
dc.relation.ispartofseriesSIRE DISCUSSION PAPER;SIRE-DP-2010-54
dc.subjectHigher Education Institutionsen_US
dc.subjectInput-Outputen_US
dc.subjectScotlanden_US
dc.subjectImpact studyen_US
dc.subjectMultipliersen_US
dc.subjectDevolutionen_US
dc.title“Policy Scepticism” and the Impact of Scottish Higher Education Institutions (HEIs) on their Host Region: Accounting for Regional Budget Constraints under Devolutionen_US
dc.typeWorking Paperen_US


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