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Professor Iain McNicoll BA PhD
Summary Biography Iain McNicoll is Emeritus Professor of Economics with over
40 years’ experience modelling regional economies and in the development and application of input-output analysis for
regional and national economies across the world. He held the Chair of Applied Economics at the University of Strathclyde
from 1987 to 2003 and was additionally Director of the Fraser of Allander Institute for Research on the Scottish Economy,
Scotland’s foremost independent economic research unit, for four years (1985-1989.)
He is one of the ‘second generation’ international input-output specialists, having started
work in the field of input-output analysis in the early 1970s. He worked directly with and for Wassily Leontief’s own
‘first generation’ researchers Professor David Simpson and Professor James McGilvray as well as meeting Leontief
and corresponding on input-output matters with other Leontief input-output researchers Karen Polenske,
Ann Carter and others. He is an expert compiler of input-output tables and constructed the first ever survey-based
Input-Output Tables for Shetland ( 1976) as well as being a founding member of the original Scottish Government
Office Input-Output Project Team ( the SIOP) developing the official Scottish Input-Output tables. He has acted as advisor
to a number of international government statistical services on compilation and use of input-output accounts.
Co-Founding Editor of Managerial and Decision Economics , Iain McNicoll has published two books and over 140 papers, monographs and book chapters, including papers on input-output analysis in leading refereed
academic journals, including The Economic Journal, Economic Development
and Cultural Change, International Regional Science Review, etc. His work on modelling economic aspects of UK Higher and Further Education
had substantial impact in shaping the early UK debates in the 1990s regarding the
contribution of education to the economy. He was responsible for undertaking the first analyses of the economic impact of
UK higher education ( 1997) and worked with Ursula Kelly on all subsequent reports ( 1999, 2002, 2006, 2009 and 2014)
He pioneered the application of the principles of welfare economics to
assessing the broader value of higher education, including the value of civic engagement ( see: Towards the estimation of the value of Scottish higher education institutions (2005) and continues to be interested in the development of methodologies for capturing the wider impact of higher education.
He works with
Ursula Kelly as part of Viewforth Consulting Ltd on a wide range of projects exploring issues of economic and social value generated
by higher education .
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