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Dear All,

As we all know the UK economy has been through much change over the last couple of years and looks set to remain somewhat unpredictable, particularly in relation to HE.  Estimating the impact of value adding university activity to the regional and national economies can be a useful marketing tool as it puts into context the importance of such activity and the economic impact is far more reaching than many would expect.

The University of Exeter has previously used the UUK Economic Impact Modelling System to analyse the extent to which their activity contributes to the local, regional and UK economies (measured by Gross Value Added - GVA).  However, given that the model was created in 2007, at a time when the economy was in a far healthier state than at present, I can’t help but feel that the underlying economic parameters are quickly becoming obsolete and the outputs produced are invalid.

After contact UUK it seems that their 2007 model is their most recent and that they have no immediate plans to role out a more up-to-date version.  I suppose my question here is whether there is a more recent and suitable model out there or if anyone is working on an alternative modelling system / tool and if so will this be made available for use by a wider audience?

I would be most grateful for any responses regarding this area of work.

Kind regards,
Paul Ruddock
Data Analyst
Strategic Planning & Change
111 Northcote House
The Queen's Drive
Exeter
EX4 4QJ