... state's economy, is the same. After all, the source of the impact is the new job (an expansion of the economic base), not the university's contri-bution to the local skill base.Investment ... Iowa. Cedar Falls, IA: Department of Economics, The University of Northern Iowa.Butler, T. E. (1980). An Estimate of the Economic Impacts of Thomas Nelson CommunityCollege. ... incompleteconsideration of the potential effects migration has on human resource location.This note argues that the ultimate source of economic impact is expansion of the economic base from the ...