ERIC Number: ED161353
Record Type: RIE
Publication Date: 1978-May
Reference Count: 0
Elements of an Economic Impact Study (Or Building on the ACE Model). AIR Forum Paper 1978.
Palmer, Diane H.
Requirements of a study of a school's economic impact on the community are reviewed and adjustments to the American Council on Education, or Caffrey-Issacs, model of economic impact studies suggested, based on the experiences of the University of Pittsburgh. Revisions to sections of the model dealing with tax loss to local governments, impacts on financial institutions, and employee spending are recommended. It is considered necessary to quantify and add to the model measures of human capital, support of the local tax base, community services, consulting services, construction spending, employee mortgage interest, local investments and part-time student spending. The importance of commitment, definitions of impact elements or impact area, and qualified staffing to the success of the model are also discussed. (Author/JMD)
Publication Type: Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: N/A
Identifiers: American Council on Education; University of Pittsburgh PA
Note: Paper presented at the annual Association for Institutional Research Forum (18th, Houston, Texas, May 21-25, 1978)