The University Of Wisconsin Madison And The Local And State Economies

Download or read book The University of Wisconsin--Madison and the Local and State Economies written by Mark I. Rosen and published by . This book was released on 1985 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic impact of the University of Wisconsin-Madison (UW-Madison) on Dane County and the State was studied during 1983-1984. The overall economic impact of the university consisted of direct spending impact of purchases, taxes, and donations, plus the indirect impact of that money circulating through the community to be respent on other purchases and payments. The direct impact of five expenditure categories (construction and spending by the university, employees, students, and visitors) was an estimated $628.5 million a year, of which $533.2 million went to local businesses. Considering the circulation of that money, the estimate for the total direct and indirect impact of the university on the county economy was $1.41 billion a year. It was estimated that about 3,000 public sector jobs and more than 9,500 private sector jobs were the result of the university's direct spending, while at least 5,300 private jobs were due to indirect effects. In addition, the university employed 21,677 regular and student employees. Appendices include: information on benefits to the state provided by UW-Madison hospital and clinics; survey questionnaires for faculty/employees, students, football fans, parents, and visitors, and a four-page selected bibliography. (SW)