The Economic Impact of Johnson County Community College on the Kansas City Metropolitan Area, 1988-89 [electronic resource] / Jef Seybert.
In an effort to estimate the economic impact of Johnson County Community College (JCCC) on the Kansas City Metropolitan Area for 1988-89, the Ryan-New Jersey model was used to examine both direct and indirect economic influences of the college. Direct economic impact was assessed by examining instit...
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| Format: | Electronic eBook |
| Language: | English |
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[S.l.] :
Distributed by ERIC Clearinghouse,
1991.
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| Summary: | In an effort to estimate the economic impact of Johnson County Community College (JCCC) on the Kansas City Metropolitan Area for 1988-89, the Ryan-New Jersey model was used to examine both direct and indirect economic influences of the college. Direct economic impact was assessed by examining institutional expenditures in the metropolitan area; expenditures of college employees in the area; expenditures of students; and expenditures of campus visitors in the metropolitan area. Indirect impact was assessed through the use of a mathematical multiplier applied to the direct impact indicators to account for additional business volume generated through re-spending of the direct expenditures. Results of the study included the following: (1) estimates of expenditures in the metropolitan area were $12,042,072 for the institution, $6,715,689 for employees, $25,689,160 for students, and $0 for visitors, for a total of $44,446,921 in direct economic impact; (2) application of the mathematical multiplier produced a total spending impact of $100,005,572; (3) in addition to business volume impact, JCCC generated a total of 3,698 full-time jobs in the Kansas City Metropolitan Area; and (4) for every dollar spent by taxpayers in support of JCCC, $3.08 was returned to the area's economy by the institution. A detailed description of the economic impact model utilized; a glossary of terms; a review of all data sources; the data calculation worksheet; flow charts; and the actual data are included. (PAA) |
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| Item Description: | ERIC Document Number: ED336135. Educational level discussed: Two Year Colleges. |
| Physical Description: | 27 p. |