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Economics

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Honors Theses and Capstones

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New England

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Sustainability In The New England Ski Industry, Sydney E. Gendreau Jan 2022

Sustainability In The New England Ski Industry, Sydney E. Gendreau

Honors Theses and Capstones

The goal of this study is to explore the extent to which sustainable investments are worthwhile for the New England ski industry. Research has shown that the New England ski industry will be greatly impacted by the effects of climate change within the near future. Anthropogenic climate change over the next several decades will cause frequent low snow winters, increases in night time winter temperatures, and overall shorter winters. Detailed economic analysis has shown that low snow and warm winters result in roughly $54 million in lost revenue for the New Hampshire ski industry in the past (Burakowski, Magnusson, 2012). …


Determinants Of Student Debt In New England, Alexis A. Gray Jan 2019

Determinants Of Student Debt In New England, Alexis A. Gray

Honors Theses and Capstones

This paper examines the determinants of average student debt in New England based on financial, institutional and demographic variables. The dataset is derived from CollegeInsight and measures 15 variables across 71 institutions during the 2011-2014 academic school years. Between 2011 and 2014, average student debt increased 7%, tuition and room and board increased 10%, the percentage of Hispanic students increased 20% and the percentage of international students increased 26%. The estimated model, ln(AVDEBT) = 7.401 – 0.090ln(TUITION) – 0.042ln(BOOKS) + 0.433ln(ROOMBOARD) + 0.07ln(ENROLLMENT) – 0.200PUBLIC – 4.106ASIAN – 1.992AFAMERICAN + 0.254HISPANIC + 0.007WHITE + 0.641INTERNATIONAL – 0.676PERCENTFEDDEBT + 1.018PERCENTPELL, indicates …


Using Contingent Valuation To Measure The Economic Impact Of Climate Change On Hiker Recreation During New England Peak Foliage, Marina J. Bowie Jan 2018

Using Contingent Valuation To Measure The Economic Impact Of Climate Change On Hiker Recreation During New England Peak Foliage, Marina J. Bowie

Honors Theses and Capstones

This paper seeks to define and develop an economic tool for measuring willingness to pay for hiking recreation in the face of climate change in New England during the peak foliage season. Potential climate change impacts to New England are defined, along with relevant economic tools for measuring the market value of non-marketed goods. Ultimately, contingent valuation is chosen as the most viable option, and a survey is developed, pretested, and ready for implementation at the trailhead of Mt. Major in New Hampshire.