Quantifying Your Economic Contribution
To influence stakeholders in today’s demanding, resource-constrained marketplace, universities need convincing evidence backed up by rigorous, easy-to-understand economic analysis.
Oxford Economics’ team of 150 economists are expert at applying advanced economic tools—from economic impact analysis to cost-benefit modelling and social return on investment—that provide valuable insights into today’s most pressing business, financial, and policy issues.
Why you need economic impact analysis
Economic impact analysis is an effective way of demonstrating the economic contribution of a university to a region. Our impact studies typically measure four major channels through which organisations add value:
- Direct Impacts--jobs, GDP and fiscal contributions generated by the university
- Indirect Impacts--jobs and GDP supported by the university or sector via purchases from its supply chain
- Induced Impacts--jobs and GDP supported by the spending patterns of those employed directly or indirectly by the university
- Catalytic Impacts--longer-term improvements in productivity and performance by ancillary sectors
Our work within the academic arena has provided eye-opening intelligence to universities who are looking to attract capital, a strong labor force, local business, and more. Below are two recent examples of our work.
For more information, please contact Anthony Horne at email@example.com.