Valencian public universities generate 1.9% of GDP and 2.3% of employment in the Valencian Community 



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## Valencian public universities generate 1.9% of GDP and 2.3% of employment in the Valencian Community

03/07/2019 |
SCP

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* [![ informe-ivie _S9B2437](/com/noticies/2019/7/1q/informe-ivie/_S9B2437.jpg)](#)

Valencian public universities and their associated activity generate 2,090 million euros of income in the Valencian Community and 44,202 jobs, which represents 1.9% of GDP and 2.3% of employment in the Valencian Community, according to the fourth report *L**[a contribución socioeconómica de las universidades públicas valencianas](https://www.ivie.es/es_ES/ptproyecto/las-contribuciones-sociales-economicas-las-universidades-publicas-valencianas-ejercicio-rendicion-cuentas-la-sociedad/)*** [The socio-economic contribution of Valencian public universities], prepared by the research team of the [Valencian Institute for Economic Research (IVIE](https://www.ivie.es/)) and presented at the headquarters of the Universitat Jaume I in Castelló. According to the study, the Valencian public university system (SUPV) allows society to return, through the additional tax revenue generated by their graduates, 2.7 euros for every euro that public administrations invest in its operation. Compared to the 770 million annual public current transfers received by the SUPV, its graduates contribute 2,088 million euros more in taxes than they would have generated if they had not had those university studies, given that they have more employment and obtain higher income.

The study was presented by IVIE's Research Director, Francisco Pérez, in an event that was attended by the President of the Valencian Regional Government [Generalitat Valenciana], Ximo Puig, and the rectors of the five public universities of the Valencian Community. During her speech, the rector of the Universitat Jaume I and current president of the Conference of Rectors of Valencian Public Universities (CRUPV), Eva Alcón, called for a Valencian strategy of universities that would provide the system with a stable and sufficient financial framework to undertake its functions as a public service of higher education and research.

[Full report](https://www.ivie.es/es_ES/ptproyecto/las-contribuciones-sociales-economicas-las-universidades-publicas-valencianas-ejercicio-rendicion-cuentas-la-sociedad/) (in Spanish)

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