| Abstrakt: |
Research has shown that economic impact of colleges and universities on local, regional, and state economies are greater than their direct spending. This paper examines the direct, indirect, and induced economic impact of Alvemia University on the local and regional economies. The university's total spending on goods, services, payroll expenditures, capital investment, ancillary spending by students, visitors, and employees are analyzed using the IMPLAN input output model quantifying the direct, indirect, and induced economic impact on Berks County, Pennsylvania. Qualitative measures such as employee and student volunteer hours, institution sponsored sporting, and community events are analyzed. This paper supports Alvernia University's impact on the local and regional economic sustainability and growth. [ABSTRACT FROM AUTHOR] |
