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Economic development

Social and Behavioral Sciences

The University of Maine

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Full-Text Articles in Business

Micmac Farms: From Community Garden To Four-Season Farm And Retail Outlet, Jane Caulfield Jan 2011

Micmac Farms: From Community Garden To Four-Season Farm And Retail Outlet, Jane Caulfield

Maine Policy Review

This short case study describes how Maine’s Micmac tribe is developing “Micmac Farms” from a community garden to a four-season agricultural business.


How Business Climate And Political Climate Influence Economic Growth And Economic Development In The American States, James H. Black Jan 2010

How Business Climate And Political Climate Influence Economic Growth And Economic Development In The American States, James H. Black

Electronic Theses and Dissertations

Economist Joseph Schumpeter’s examination into the relationships between business cycles and periods of economic expansion defines the government’s role in markets as limited. However, he viewed government intervention as a precursor to improving the levels of economic growth and expanding an individual’s quality of life. This study examines how measures of business and political climate might explain variations in the level of economic growth and development across the states. Economic growth is gauged from the microeconomic perspective of the individual (per capita income) and from the macroeconomic viewpoint of the state’s economy (gross state product). Economic development is defined by …


What Counts, And Who's Counting? Maine's Business Climate 2006, Bureau Of Labor Education. University Of Maine Jan 2006

What Counts, And Who's Counting? Maine's Business Climate 2006, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

Many news articles and opinion pieces continue to argue that Maine has a highly unfavorable business climate, which must be changed if Maine’s economic well-being is to improve. Such analyses raise many important questions about what policies are most likely to benefit Maine’s economy, both as a whole, and among the various areas, communities, and population segments within Maine. Increasingly, the health of Maine’s economy, and the level of the state’s well-being more broadly, seem to be equated with the issue of whether Maine has a “friendly” business climate. In turn, the question of a favorable or unfavorable business climate …


Fair Weather Or Foul? Maine's Business Climate Revisted, Bureau Of Labor Education. University Of Maine Jul 2002

Fair Weather Or Foul? Maine's Business Climate Revisted, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

There is no shortage of analyses of the problems of Maine’s economy, or of proposed solutions. Once again, a number of recent reports have argued that Maine has a highly unfavorable business climate, characterized by excessive taxes and excessive regulation. These reports go on to argue that Maine must improve its business climate through such suggested changes as an overhaul of the tax system, elimination of property taxes on business equipment purchases, reducing the state’s regulatory burden, and reducing Maine’s supposedly high “tax burden.” Although the support for these proposals is framed as being “irrefutable,” in reality many of the …


Maine's Development Dilemma, 2001 Update, Bureau Of Labor Education. University Of Maine Jan 2001

Maine's Development Dilemma, 2001 Update, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

In the face of economic challenges that continue to face Maine and other states in a time of globalization and rapid technological change, economic development is widely seen as essential to the well-being of Maine's economy and to an increased quality of life for its citizens. However, the nature of Maine's economy, natural resource base, and geography creates a difficult dilemma for our state. This is the paradox we face: while some form of economic development is clearly imperative, the long-term misallocation of scarce economic resources in pursuit of this goal, though well-intended, may cause further harm to the economy …


Tax Policy And Economic Development: A Roundtable Assessment, Christopher St. John, Alan P. Brigham, Charles Colgan, Brian H. Mahany Jan 1996

Tax Policy And Economic Development: A Roundtable Assessment, Christopher St. John, Alan P. Brigham, Charles Colgan, Brian H. Mahany

Maine Policy Review

Economic development continues to be a top policy issue for the state of Maine. Within the broad topic of economic development is the issue of tax policy, and the state continues to experiment with changes in traditional taxes, such as sales and income, as well as with newer approaches, such as Employment Tax Increment Financing. What works and what does not work? Can the state afford the potential loss of revenues associated with tax incentives? Who wins and who loses from these policies? To answer these questions, Maine Policy Review convened a panel of experts to review Maine’s record. Two …