The Economic Impact of Liberty University on the Lynchburg Area [microform] / T. H. Lai
- Bib ID:
- 5526895
- Format:
- Book and Microform
- Author:
- Lai, T. H
- Description:
-
- [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1990
- 46 p.
- Summary:
-
This study assessed the economic impact of Liberty University (Lynchburg, Virginia) on the local community in the fiscal year 1989-90, and updated a 1980-81 economic impact study. The study used a cash-flow model to measure economic impact on local businesses, local government, and local individuals. Over the 9-year period, total spending by the university and economic impact on the community increased by 300%. Local expenditures by the University, faculty, staff, students, and visitors were estimated to be $42.6 million. The net impact on local government changed from a negative to a positive amount; in 1989-90 local governments allocated $2.6 million to provide services but received taxes and other revenues of $3.0 million. The University employed 1,167 local faculty and staff, and an additional 997 local jobs were created due to University-related local expenditures. Personal income in the area rose by 306%. Appendices contain samples of questionnaires used, survey findings, and descriptions and calculations of the models used. (13 references) (JDD)
- Notes:
- May also be available online. Address as at 14/8/18: https://eric.ed.gov/
- Reproduction:
- Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive.
- Subject:
- Available From:
- ERIC
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1990
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