ECONOMIC IMPACT OF CUKUROVA UNIVERSITY ON ADANA

This study calculates local economic and employment impact of Cukurova University for 2015-2016 fiscal year using Keynesian multiplier method. For that, university budget expenditures data, national statistical data resources and survey data were used. Economic impact of the university is measured by demand side expenditure. Keynesian income multiplier was calculated to be 1,23. Marginal propensity to consume, a key factor in estimating economic impact, was estimated to be 0,61 using ordinary least squares method in E-views. This paper shows economic importance of the University to locality by estimating total local income and employment, and that the University makes a significant contribution to local economy. Total direct and total indirect impact are estimated to be ？284 and ？689 million respectively. Total local impact of the University was estimated to be ？1,2 billion with an additional income of ？227 million and additional employment of 6874