Regional Economic Impacts Of Idaho State University example essay topic
349 words
Regional Economic Impacts of Idaho State University, 1996 Dr. Richard Bowen, President of Idaho State University, requested the Center for Business Research to conduct a study of the impact of the University on Idaho, with particular emphasis on its regional impacts upon the Pocatello area. This publication reports the findings and results of that effort, which was begun in the fall of 1997. This report is a follow-up to, and a complete revision of, a previous study conducted in 1988 ("A Report to the President of Idaho State University: The Impact of University-related Expenditures on Idaho's Economy, 1986-87). For several reasons, the direct comparison of the findings of the two reports is not advised. Specifically, the present report utilizes multipliers refined and updated by the Regional Science Research Institute, while the previous report relied upon Input-Output estimates generated by the US Bureau of Economic Analysis, Regional Input-output Measurement System (RIMS). Secondly, the focus and emphasis of the present report is on the Pocatello area economy, while the 1988 study emphasized state level impacts. Third, the present report attempts to discount those impacts generated by permanent area residents, attempts to estimate a "return on investment" for the State of Idaho, and makes other refinements or improvements to the 1988 approach. Paul R. Zelus, Ph. D., directed the study, and was ably assisted first by Nancy L. Kelly and then Walter Bula wa, Ph. D., Research Associates of the Center for Business Research at Idaho State University. Acknowledgement is also extended to the many campus officials who provided the often tedious and detailed information needed to conduct the study.
The many faculty, staff, and students who response to expenditure surveys are acknowledged for the critical information they provided. This project was aided immeasurably by the shared experiences of researchers from Boise State University, Northern Arizona University and the University of Virginia. In that order, I acknowledge the helpful comments and advice of Dr. Charles Soro, Dr. Jerry Conover and Dr. John Knapp. Paul R. Zelus, Ph. D. Project Director.
