Economics Commons^™

Marijuana Legalization: Beyond Yes Or No., Keith Humphreys

Center for Policy Research

This paper will first go over some basic terms and concepts, then discuss what’s going on in the world around cannabis with a focus on the United States. I will then offer some policy options to consider if New York chooses to legalize recreational cannabis.

Perpetual Affordability Covenants: Can These Land Use Tools Solve The Affordable Housing Crisis?, Elizabeth Elia

Faculty Scholarship

Approximately 3.8 million privately-owned residential housing units in America today contain affordability covenants recorded in their chains of title. State and local agencies and the District of Columbia use these covenants to ensure that publicly-subsidized properties are actually used to provide affordable housing. With rents at all-time highs and stagnant wages, the affordable housing crisis has reached a fever pitch. House Democrats are proposing billions more in housing subsidy. To the extent those funds subsidize privately-owned housing development they, too, will be secured by affordability covenants. In response to this crisis, a new trend in high cost markets is to …

St. Cloud Metro Area Visitor Profile & Economic Impact Report Fall Season 2019, Alvin Hungchih Yu, Brigid Tuck, Pengyu Qian, Kristy Modrow, Andrea Haataja

St. Cloud Metro Area Visitor Profile Study

This report is a compilation of results from the fall 2019 St. Cloud Metro Area Visitor Profile Survey.

In 2019, the St. Cloud City Hall, St. Cloud Area Convention and Visitor Bureau, and Retired and Senior Volunteer Program (RSVP) contracted with St. Cloud State University School of Public Affairs, Geography & Planning Department, and the Hospitality and Tourism Program to conduct a visitor profile survey from summer 2019 to spring 2020.

The purpose of this project was to better understand visitor's travel experience in the St. Cloud Metro area and to profile visitors based on their characteristics. The findings of …

Las Vegas And Reno, Nevada Renter Migration, Peter Grema, Caitlin Saladino, William E. Brown

Demography

This Fact Sheet summarizes and expands upon the findings of Apartment List’s Renter Migration Report. The data presented herein focuses on renter search inquiries (both inbound and outbound) regarding Las Vegas and Reno, Nevada.

Designing Single-Family Residences: A Study Of The Positive Impact Of Interior Design In Creating New Home Value, Shawn M. Falcone

Interior Design Program: Theses and Other Student Work

This study seeks to demonstrate that interior designers should be included as primary stakeholders in the home construction market. The market demand for new single-family homes in America is a relative constant. The primary stake and role that land developers, architects, draftsman, home builders, bankers, appraisers, real estate agents, and buyers have in the home construction market is clear. What is less clear is the role in value an interior designer has in the home construction market. This thesis examines the impact designers have on home value when their expertise is utilized in space planning (i.e.: layout, function, room utilization, …

Renewable Energy Access And Resilience In Urban Developing Areas: Distributed Solar Networks And Peer-To-Peer Energy Trading In Puerto Rico, Pascale Bronder

Harvey M. Applebaum ’59 Award

This senior essay under the Environmental Studies major at Yale University explores the environmental and social benefits of applying innovative technology to the energy sector. Three types of energy networks are analyzed, focusing on the use of distributed energy and peer to peer energy trading on a blockchain platform. The benefits of distributed renewable energy networks can most strongly be applied to locations in need of more reliable, resilient, and cost-effective electricity. Puerto Rico is a case study. Methods include analysis of U.S. Energy Information Administration and Census Bureau data as well as personal interviews with Puerto Rican energy developers. …

St. Cloud Metro Area Visitor Profile & Economic Impact Report Summer Season 2019, Hungchih Yu, Brigid Tuck, Pengyu Qian, Kristy Modrow, Andrea Haataja

St. Cloud Metro Area Visitor Profile Study

This report is a compilation of results from the summer 2019 St. Cloud Metro Area Visitor Profile Survey.

In 2019, the St. Cloud City Hall, St. Cloud Area Convention and Visitor Bureau, and Retired and Senior Volunteer Program (RSVP) contracted with St. Cloud State University School of Public Affairs, Geography & Planning Department, and the Hospitality and Tourism Program to conduct a visitor profile survey from summer 2019 to spring 2020.

The purpose of this project was to better understand visitor's travel experience in the St. Cloud Metro area and to profile visitors based on their characteristics. The findings of …

How Equitable Is The Education Finance System In New York State?, John Yinger

Center for Policy Research

This policy brief provides an overview and evaluation of the education finance system in New York State. The brief addresses four broad topics: student performance disparities in New York State, the nature of the New York State education finance system, the contributions of the New York foundation aid formula to educational equity, and the benefits to all taxpayers in New York State from education finance reform.

Income Inequality In Nevada And The Southwest Megapolitan Triangle, Yanneli Llamas, Caitlin J. Saladino, William E. Brown

Economic Development & Workforce

This Fact Sheet highlights income inequality in Nevada at both the county and metropolitan level. The Tables that follow report disparities in income across 16 Nevada counties, as well as 9 metropolitan areas in the state, as identified by the Economic Policy Institute. To offer a complete comparison, we also present income disparities between the components of the Southwest Megapolitan Triangle: Las Vegas-Henderson-Paradise, NV; Los Angeles-Long Beach-Anaheim, CA; and Phoenix-Mesa-Scottsdale, AZ.

Building An Equitable And Inclusive City Through Housing Policies: Singapore’S Experience, Sock Yong Phang

Research Collection School Of Economics

Inequality is an age-old concern. In recent years, the rise of income inequality has received worldwide media and policy attention, beginning with the Occupy movement of 2011-2012 and a wave of notable scholastic books such as Stiglitz (2012), Piketty (2014), and Atkinson (2015). Piketty’s Capital in the 21st Century, an unlikely bestseller, contained a vast amount of data showing that the rich are taking rising shares of income and wealth in the advanced economies. Piketty’s approach towards capital and wealth is an aggregative one, and he does not treat real estate or land as a different or distinct form of …

Central Place Theory And The Power Law For Cities, Wen-Tai Hsu, Zou Xin

Research Collection School Of Economics

This chapter provides a review of the link between central place theory and the power laws for cities. A theory of city size distribution is proposed via a central place hierarchy a la Christaller (1933) either as an equilibrium results or an optimal allocation. Under a central place hierarchy, it is shown that a power law for cities emerges if the underlying heterogeneity in economies of scale across good is regularly varying. Furthermore, we show that an optimal allocation of cities conforms with a central place hierarchy if the underlying heterogeneity in economies of scale across good is a power …

Year Of Cuba 2019-2020, Nashieli Marcano, Leslie Drost

Research Guides & Subject Bibliographies

No abstract provided.

Boxborough Economic Development Study: Phase 1, Technical Memo, Camille Barchers

Center for Economic Development Technical Reports

The Town of Boxborough’s Economic Development Committee (EDC) contracted with the Center for Economic Development at the University of Massachusetts Amherst to produce an economic development study. Phase 1 of the study, conducted from September through December 2019 by Regional Planning Studio master’s students, began with an investigation of existing conditions and public opinion on economic development and concluded with four plausible future economic development scenarios designed to support the eventual creation of the Town’s long-term economic development plan.

Innovation Districts As A Strategy For Urban Economic Development: A Comparison Of Four Cases, Joshua Drucker, Carla Maria Kayanan, Henry Renski

Center for Economic Development Technical Reports

Innovation districts are a relatively new strategy in urban economic development. They have been fast gaining attention and popularity, due in part to energetic third-party promotion and the apparent successes of two early adopters: Barcelona and Boston. As additional cities establish and promote innovation districts, it benefits policymakers to possess information regarding their characteristics and suitability as an economic development approach.

We conduct in-depth case studies of four innovation districts in the United States—located in Boston, Detroit, Saint Louis, and San Diego—that present contrasting settings, policies, and outcomes. The empirical information is drawn primarily from interviews with the innovation district …

Towards A Passenger Station On The East-West Massachusetts Train Line - The Case For Palmer, University Of Massachusetts Amherst Center For Economic Development, Umass Design Center

Center for Economic Development Technical Reports

The purpose of this report is to examine the feasibility of the Town of Palmer becoming a passenger stop on a proposed East-West rail line that would connect to Union Station in Springfield and South Station in Boston. The report is presented in two parts. Part one presents the primary reasons that would make the case for a stop being placed in Palmer. The second presents a series of case studies to stimulate ideas on how Palmer could promote further growth through the creation of transit oriented development (TOD) around any future stop.

The findings in this report are based …

New Jersey Urban Enterprise Zone Program Assessment 2019, Thomas Edison State University, Pel Analytics, Anderson Economic Group, The John S. Watson Institute For Public Policy

Urban Mayors Policy Center

In 2019, the State of New Jersey sought an evaluation of its Urban Enterprise Zone (UEZ) Program to determine the program’s economic impact and make recommendations for the program’s future. The John S. Watson Institute of Public Policy of Thomas Edison State University joined with PEL Analytics and Anderson Economic Group to produce the following study. The main recommendation of this analysis is to retain the UEZ Program while instituting various changes to make it stronger. Recommended changes in brief include reinstating some form of Zone Assistance Funds (ZAFs), creating a better system to collect data and track outcomes, assisting …

Geographic Determinants Of Infant Health: The Impact Of Sports Facility Construction Projects, Brad Humphreys, Jane Ruseski

Economics Faculty Working Papers Series

A large body of research examines determinants of infant health outcomes but little examines geographic variation generated by exogenous economic shocks. Linking birth data from the CDC Natality files to counties building new facilities from 1995-2002, we find that sports facility construction projects generate local negative externalities. Infants born during facility construction periods have lower birth weights than infants born in comparable counties where no new facility opened. Maternal prenatal health visits also fall in the post-facility-opening period. Mechanisms for this impact include local airborne particulate matter and reduced provision of government services affecting prenatal health.

Planning An Inclusive Entrepreneurial Ecosystem In Norfolk Virginia, Matthew A. Cline

Master of Urban and Regional Planning Capstone Projects

Provides an overview of Norfolk’s emerging entrepreneurial ecosystem and challenges associated with its disadvantaged entrepreneurs. Presents policy recommendations in creating more equitable environment for these small business ventures.