Open Access Presidential Scholars Thesis
This paper measures the economic impact of the University of Northern Iowa on the state of Iowa following the incremental approach which is the current academic thinking on quantifying a university's impact on its state. The methodology established by Bluestone (1993) and Elliot et. al. (1988) serves as the basis for this study. This paper attempts to answer the question: how much money would the state lose if the university were dissolved and the funding diverted to other areas? The economic impact can be measured on an incremental tally of the economic base and also on a skill-based approach. This paper takes a conservative, definite estimate, therefore, the economic base is stressed with no weight being given to the skill-based effects.
Following this approach, I estimate UNl's economic impact on the state of Iowa at almost $48 million for the 1995-1996 fiscal year. State appropriations to UNI for the year were approximately $71 million. While this may appear as a loss for Iowa, the social gain to the state from UNI's existence should be taken into account along with the knowledge that the $48 million is a conservative estimate
Date of Award
Department of Economics
Presidential Scholar Designation
A paper submitted in partial fulfillment of the requirements for the designation Presidential Scholar
1 PDF file (14 pages)
©2017 - Marshall Blaine
Blaine, Marshall, "The economic impact of the University of Northern Iowa on the state of Iowa" (1997). Presidential Scholars Theses (1990 – 2006). 25.