Productivity and Prosperity

The Economic Impact of Raising the Educational Attainment of Arizona's Workforce: 2019 Update


Dennis Hoffman, Ph.D.
Professor of Economics, University Economist, and Director, L. William Seidman Research Institute
Eva Madly, M.A.
Senior Research Economist, L. William Seidman Research Institute

Calculates the economic benefits to Arizona of raising the educational attainment of the state’s workforce. If the state’s attainment rose to equal the national average by 2050, Arizona’s economy would be $32 billion larger, with revenue to the state government’s general fund $1.7 billion higher.


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Dennis Hoffman, Ph.D.
Dennis Hoffman, Ph.D.
Professor of Economics, University Economist, and Director, L. William Seidman Research Institute

Dennis received a B.A. in economics and mathematics from Grand Valley State University, a M.S. in economics from Michigan State University, and a Ph.D. in economics from Michigan State University in 1978. He has served on the faculty of the Department of Economics at ASU since 1979, as director of ASU’s L. William Seidman Research Institute since 2004, and as the director of the Office of the University Economist since 2005.

Eva Madly, M.A.
Eva Madly, M.A.
Senior Research Economist, L. William Seidman Research Institute

Eva received her B.S. in finance from Babes-Bolyai University in Romania, a M.S. in business management from Politehnica University in Romania, and a M.A. in economics from Western Michigan University in 2000. She worked as a research analyst at the W. E. Upjohn Institute in Kalamazoo, Michigan prior to joining ASU’s L. William Seidman Research Institute in 2007.


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