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Full-Text Articles in Social and Behavioral Sciences

2008 Virginia Beach Tourism Economic Impact Study, Gilbert R. Yochum, Vinod Agarwal May 2009

2008 Virginia Beach Tourism Economic Impact Study, Gilbert R. Yochum, Vinod Agarwal

Economics Faculty Publications

The purpose of this study is to estimate the total economic impact and the direct taxes and fees generated by the 2008 in-flow of visitors to the City of Virginia Beach's tourist industry. Total tourism economic impact is defined as the sum of direct, indirect and induced output, employment and earnings that result from visitor spending in Virginia Beach.


Hail To The Chief: Assessing The Economic Impact Of Presidential Inaugurations On The Washington, D.C. Local Economy, Robert Baumann, Bryan Engelhardt, Victor Matheson Jan 2009

Hail To The Chief: Assessing The Economic Impact Of Presidential Inaugurations On The Washington, D.C. Local Economy, Robert Baumann, Bryan Engelhardt, Victor Matheson

Economics Department Working Papers

While presidential inaugurations routinely attract hundreds of thousands or more visitors to Washington, D.C. for the quadrennial celebration, our examination of employment from the Current Employment Statistics survey from 1939 to the present and both employment and unemployment from the Current Population Survey from 1977 to the present finds no noticeable effect on either variable from the event. The residents of D.C. should not expect the inauguration to make them any richer, and the city should not count on any economic benefits generated by the event to fully pay for the significant costs of hosting it.


Part 1: The Regional Economy Contracts, Regional Studies Institute, Old Dominion University Jan 2009

Part 1: The Regional Economy Contracts, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Defense spending continues to cushion our economic downturn, but two other major drivers, the port and tourism, have contracted. We also report stress tests for our major regional banks.