Economics Commons^™

Grabbing The Paycheck: A Glimpse Into The Modern Economic Livelihoods Of Xe Máy Grab Drivers In Ho Chi Minh City, Vietnam, Maddie Davis

Independent Study Project (ISP) Collection

Woven into the very fabric of urban life in Ho Chi Minh City Vietnam is commuting via motorcycle (Vietnamese: xe máy). The versatility of xe máy can be witnessed in the surge of rush hour traffic, the shipment of a great variety and quantity of goods, and the crunch of people in order to get the whole family atop a single bike. Due to xe máy as the primary way much of the population gets around, Ho Chi Minh City’s transportation infrastructure and traffic patterns are highly conducive to this method of transit. Resulting from these favorable conditions, a multitude …

Recession Emerges As The Most Like Scenario, Eric Thompson

Business in Nebraska

The U.S. economy faces the prospect of a second recession as the Federal Reserve Bank continues to raise interest rates to confront inflationary forces. These forces include elevated asset prices and a wage-price spiral. Further interest rate increases are likely given a challenging environment to reduce inflation. Challenges include limited migration and a slow-growing labor force, trade restrictions, regulatory restrictions that limit energy production and raise the minimum wage as well as excessive federal government spending. Federal spending through the CARES Act, Coronavirus Supplemental Appropriations Act, American Rescue Plan, and Infrastructure Investment and Jobs Act continue to fuel excess demand. …

Strengthening The Southern Nevada Workforce Pipeline, Katie M. Gilbertson

Policy Briefs and Reports

This report analyzes the Southern Nevada employment ecosystem by utilizing occupational clusters recognized by the U.S. Department of Labor. The first section examines occupations in the tourism industry using three occupational clusters: hospitality and leisure; arts, audio/video technology and communications; and the transportation, distribution, and logistics. Next, this report utilizes the Las Vegas Global Economic Alliance’s 2022 Workforce Blueprint to identify the top 15 in-demand occupations for Southern Nevada and occupational clusters. A case study of the MGM College Opportunity Program (COP) is presented to demonstrate an existing workforce training program that promotes upward mobility of leisure and hospitality employees …

The True Cost Of Auto Insurance In The Mountain West, 2022, Annie Vong, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr.

Transportation & Infrastructure

This fact sheet examines data on average annual premiums, percent of income spent on auto insurance, and life events associated with the rising cost of auto insurance in the Mountain West (Arizona, Colorado, Nevada, New Mexico, and Utah). The original report includes data on national averages for auto insurance premiums for all fifty states.

Transportation Utility Fee To Fund Transit In California, Shishir Mathur, Ralph Robinson

Mineta Transportation Institute Publications

Public transit is a key tool to reduce greenhouse gas (GHG) emissions to combat climate change; improve safety for pedestrians, cyclists, and drivers; and expand accessibility and mobility for all. However, we can only realize this potential by making sufficient investments to provide transit service levels that attract and retain greater ridership. To help with this needed investment, a handful of local governments have turned to transportation utility fees (TUFs), primarily collected as a monthly charge on customers' utility bills or property tax bills. While more widely used to support street maintenance, this study identifies six case studies where TUF …

Nevada Economic Development And Public Policy 2022-2026: A Sustainable Future For All Nevadans, The Lincy Institute, Brookings Mountain West

Policy Briefs and Reports

This report evaluates economic development efforts in the State of Nevada since the 2011 publication of Unify, Regionalize, Diversify: An Economic Development Agenda for Nevada; assesses demographic and economic trends for Nevada and its regions; examines how state and federal actions since the onset of COVID-19 can position Nevada and its regions to address long-standing economic, educational, and social deficits; and offers policy recommendations to be implemented in the next four years to facilitate a sustainable future for all Nevadans.

Infrastructure Development And Gentrification: A Case Study Of The 2017 Q Line Extension In New York City, Harrison Shoaf

Honors College Theses

An examination of the 2017 Q Line subway extension in New York City and the potential causal relationship between its implementation and rental rates and gentrification in the surrounding area. Analysis of data covering the timeframe from 2007 to 2019 allows for utilization of OLS regression to determine if the area subject to the implementation experienced a change in rental rates and instigation of gentrification afterward compared to areas that were not subject to the implementation. Results indicate a decrease in rental rates (and by extent, no instigation of gentrification) in the area subject to the extension after it was …

The Rise Of Southern Nevada As A Cluster For Metropolitan Transit Technology Innovations, Arthur C. Nelson

Policy Briefs and Reports

Southern Nevada is emerging as the nation’s leader in private sector-driven innovations in transportation technologies. From the humble beginnings of a monorail system serving a portion of major hotel and gaming venues along the Las Vegas Strip, now supplemented by an array of people movers, Southern Nevada continues to attract transit innovations in tunneling, Hyperloop, and driverless vehicle delivery technologies. The region may soon anchor a high-speed rail system connecting Southern Nevada to Los Angeles. The purpose of this briefing paper is to frame the nature of this emerging transportation cluster and the opportunities this creates for Southern Nevada to …

Interstate 11: The Road To Prosperity In Nevada, Arthur C. Nelson

Policy Briefs and Reports

Interstate 11 (I-11) offers Nevada a unique opportunity to advance the economic development prospects of one of the state’s most economically challenged areas: Elko and eastern Nevada. Although the state used a qualitative system to choose a western route for I-11, this process may not have considered fully the costs of extending I-11 to Canada in a cost-effective manner or in a manner consistent with I-11 purposes, especially avoiding congested areas. This briefing report reviews the history and purposes of I-11; summarizes the I-11 route options; considers how I-11 might extend to Canada in a way that is consistent with …

S5e10: Why Is The Supply Chain Bogged Down?, Ron Lisnet, Patti Miles

The Maine Question

Supply chain problems are occupying many people’s minds, especially with the holidays around the corner. Numerous newspaper stories and TV segments have featured images of cargo ships waiting for days or weeks to unload their goods from Asia into ports up and down the West Coast. Americans are witnessing shortages of many products they once took for granted, including lumber, various food items and computer chips, among others. Demand for goods has grown, yet producers are struggling to keep up after a slowdown caused by the COVID-19 pandemic.

In this week’s episode of “The Maine Question,” Patti Miles, an associate …

Growth Likely In A Time Of Uncertainty, Eric Thompson

Business in Nebraska

The U.S. economy continues to recover from the recession which occurred during March and April of 2020. Demand has been strong for both goods and services. At the same time, supply constraints are a concern in the economy, contributing to both higher prices and in some cases lost production within industries. Supply constraints are evident in both inputs (supplies) and labor. Labor force growth has been anemic in the last two years given slow population growth and a roughly 2 percent decline in the labor force participation rate. Looking forward, the baseline outlook is for the U.S. economic recovery to …

Sales Capture Patterns Among Nebraska Counties, Eric Thompson, Spencer Cook

Business in Nebraska

Sales capture, the share of local spending power that is captured by area businesses, is an important measure of economic activity. Greater sales capture, which is typically measured using data on local taxable sales, creates multiple benefits for the economy. 1. EMPLOYMENT: Greater sales capture means more employment in retailers, wholesalers, restaurants, hotels, and other businesses subject to sales tax. 2. TAX REVENUE: Taxable sales are an important part of the tax base of many city governments. 3. QUALITY OF LIFE: Retail and hospitality (restaurants, lodging, amusement, and recreation) businesses account for a significant share of taxable sales. These industries …

Effects Of The Transportation And Climate Initiative On The Maine Economy: An Analysis Of Cap-And-Invest And Its Heterogeneous Impacts On Rural And Urban Households, William L. Somes

Honors College

In December 2020, a memorandum of understanding (MOU) was released by the Transportation and Climate Initiative Program (TCI-P), a collaboration of 13 jurisdictions in the New England and Mid-Atlantic regions of the United States. Modeled on the Regional Greenhouse Gas Initiative (RGGI), the TCI-P follows a cap-and-invest framework to reduce emissions from the transportation sector by 26% from 2022 to 2032. Since the TCI-P is expected to raise the price of gasoline by 5¢ to 9¢ per gallon, there has been concern that some populations may be disproportionately affected. The present research studies the potential heterogeneous impacts of the TCI-P …

Nebraska Recovers From The Pandemic Economy, Eric Thompson

Business in Nebraska

The Covid-19 Pandemic threw the U.S. economy into a severe and sharp recession during the first half of 2020. A combination of government “shutdown” restrictions and private actions led to a particularly severe decline in economic activity in late March and April. The lifting or reduction of government restrictions across the United States led to a fast recovery in subsequent months, especially as businesses and consumers learned to adapt to their new operating conditions. However, the rate of recovery has slowed recently as the spread of Covid-19 has accelerated and many businesses have curtailed travel, maintained “work from home” policies, …

Economic Outlook For Lakeshore Advantage: Getting To 2030, Jim Robey, Kathleen Bolter, Gerrit Anderson, Emily Boyle, Claudette Robey, Brian Pittelko, Jennifer Nichols, Minh Dang

Reports

Lakeshore Advantage, a nonprofit economic development organization serving businesses in Allegan and Ottawa counties, teamed up with the W.E. Upjohn Institute for Employment Research to better understand the long-term economic health of its region. The Upjohn Institute conducted an analysis of Allegan and Ottawa counties to hone in on the strengths of these communities and offer insights on where improvements are needed to grow the region and achieve Lakeshore Advantage’s 2030 goals which include ranking at or above selected comparative communities for median household income, average annual pay, total employment growth, and educational attainment. This study includes an examination of …

Density Of Demand And The Consumer Benefit From Uber, Matthew H. Shapiro

Research Collection School Of Economics

Uber has attracted the attention of economists and policy makers for its innovations in the taxicab market and its potential for significant consumer welfare gains. The size of this gain depends in part on whether these innovations permit transactions previously costly or infeasible. Using New York City — the largest taxi market in the country — as its context, this paper estimates the level of any technological advantage Uber has over hail taxis in matching to consumers. I combine publicly available transportation data with data scraped from Uber and traffic cameras to estimate a model of the demand for transportation …

Producer Services: An Engine For High-Wage Job Growth, Spencer Cook, Eric Thompson

Business in Nebraska

Producer services providers are firms that sell services primarily to the business community rather than to individuals and households. Many producer services businesses are classified in the Professional, Scientific, and Technical Service (PSTS) industry. Accounting firms, consultants, and computer design services are prominent examples of PSTS businesses that are worth studying for three reasons:

1. SUPPORT OF OTHER INDUSTRIES: PSTS industries supply the broader business community, making them a critical segment of the economy.

2. RAPID HIGH WAGE JOB GROWTH: Many PSTS industries are rapidly growing and pay high wages. The producer services sector, in fact, is the principal source …

Traffic Scorecard In Mountain West Cities, Kelliann Beavers, Eshaan Vakil, Katie M. Gilbertson, Caitlin J. Saladino, William E. Brown Jr.

Transportation & Infrastructure

This fact sheet presents congestion and mobility trends in 14 Mountain West cities as compiled by INRIX Research and author Trevor Reed, in the Global Traffic Scorecard, March 2020. The INRIX Global Traffic Scorecard examines the impact of vehicle travel on 975 congested cities in the world; this fact sheet focuses on the Mountain West, providing insight on the ranking and impacts of congestion. This fact sheet also supplements INRIX’s scorecard with population data from the U.S. Census Bureau to provide context for the rankings.

Transportation Affordability In The Mountain West, Saha Salahi, Kelliann Beavers, Elia Del Carmen Solano-Patricio, Caitlin J. Saladino, William E. Brown Jr.

Transportation & Infrastructure

This Fact Sheet highlights “The Most and Least Affordable Cities For Public Transit” in the Mountain West. Extracting from Paul Reynolds’ analysis of over 70 transit system across the United States from 2014 to 2015, this fact sheet focuses on data for the 7 municipalities in the Mountain West: Albuquerque, NM; Ogden, UT; Boulder, CO; Phoenix, AZ; Las Vegas, NV, Salt Lake City, UT, and Denver, CO.

Rural Transportation Conference Participants’ Opinions And Concerns Pertaining To Transit For Older Adults, James W. Mjelde, Rebekka M. Dudensing, Geoffrey Battista, Jonathan Brooks, Maria Carrillo, Blane Counsil, Anil Giri, Man-Keun Kim, V. Dimitra Pyrialakou

Applied Economics Faculty Publications

Mobility remains a vital part of the well-being of rural-living, older adults and transportation disadvantaged persons. This study seeks to identify research and policy needs related to rural transit for older people and the transportation disadvantaged. To obtain this goal, the multidisciplinary study team conducted two activities as part of a 2016 rural transportation conference: a survey of conference attendees and open discussion to elicit additional information. Results suggest the attendees felt the need for rural transit for older adults would continue to increase with public and private funding being critical issues. Respondents had similar opinions about challenges and opportunities …

The Nebraska Economy Responds To The Covid-19 Pandemic, Eric Thompson

Business in Nebraska

The Nebraska economy will contract in 2020 but the rate of decline will not be as rapid as nationwide. The economic structure of Nebraska is more focused on production and transportation than the national economy and less focused on hard-hit industries such as hospitality, entertainment, automobile parts and assembly, and oil production. Nebraska also may benefit from a higher quality workforce, which is better able to adapt to changing economic conditions.

Employment will drop by 2.4% in Nebraska in 2020, much less than the national rate of decline. Employment will rebound by 2.0% in 2021 and 1.4% in 2022. With …

Planting The Future: A Green Jobs Remediation For The Greater Dayton Area, Jason R. Utz

Student Papers in Local and Global Regional Economies

Situated in southwest Ohio, Dayton has been a vibrant hub of manufacturing for much of its past. As a host for the corporate headquarters of the National Cash Register (NCR) company and Premier Health Network, a major production facility for General Motors (GM), and Wright Patterson Air Force Base (WPAFB), Dayton has been a hotbed of opportunity. But now, with the departure of NCR and GM, Dayton has faced many of the same problems as other semi major cities scattered throughout the Midwest in what is now termed the “rust belt”. Although the city has a modest February unemployment of …

Variability In U.S. Labor Markets: A Presentation To The Workers’ Compensation Research Institute, Michael Horrigan

Presentations

No abstract provided.

Spatial Distribution Of Supply And The Role Of Market Thickness: Theory And Evidence From Ride Sharing, Soheil Ghili, Vineet Kumar

Cowles Foundation Discussion Papers

This paper studies the e ects of economies of density in transportation markets, focusing on ridesharing. Our theoretical model predicts that (i) economies of density skew the supply of drivers away from less dense regions, (ii) the skew will be more pronounced for smaller platforms, and (iii) rideshare platforms do not nd this skew ecient and thus use prices and wages to mitigate (but not eliminate) it. We then develop a general empirical strategy with simple implementation and limited data requirements to test for spatial skew of supply from demand. Applying our method to ride-level, multi-platform data from New York …

Spatial Distribution Of Supply And The Role Of Market Thickness: Theory And Evidence From Ride Sharing, Soheil Ghili, Vineet Kumar

Cowles Foundation Discussion Papers

This paper develops a strategy with simple implementation and limited data requirements to identify spatial distortion of supply from demand -or, equivalently, unequal access to supply among regions- in transportation markets. We apply our method to ride-level, multi-platform data from New York City (NYC) and show that for smaller rideshare platforms, supply tends to be disproportionately concentrated in more densely populated areas. We also develop a theoretical model to argue that a smaller platform size, all else being equal, distorts the supply of drivers toward more densely populated areas due to network effects. Motivated by this, we estimate a minimum …

Consumers Support A Slowing Economy, Eric Thompson

Business in Nebraska

Nebraska will record moderate economic growth during the forecast period but will lag U.S. growth. Like the national economy, growth Nebraska’s goods producing sector will struggle. Farm incomes will be flat from 2020 to 2022 after improving this year. Manufacturing employment also is expected to drop. However, most other sectors will expand, including services, finance and construction. Projected growth rates for 2020 to 2022 are presented in Table 1.

Employment will grow by 0.6% to 0.8% per year, below the national rate. Non-farm income will grow between 3.7% and 3.8% each year. This growth readily exceeds inflation and population growth, …

Trends And Tariffs: Nebraska In An Aging Recovery, Eric Thompson

Business in Nebraska

Nebraska will record solid economic growth during the forecast period but will lag U.S. growth. Nebraska’s large farming sector is struggling and will not contribute much to economic growth during the forecast period. Job growth also will be sluggish in transportation and retail trade. Job growth, however, will be stronger in the services, finance, manufacturing and construction. Projected growth rates for 2019 to 2021 are presented in Table 1.

Employment will grow by 0.7% to 0.9% per year, below the national rate. Nonfarm income will grow between 4.4% and 4.5% each year. This growth readily exceeds inflation and population growth, …

Passenger Flows Through The Cascade Gateway: Changes From 2013 To 2018, Border Policy Research Institute

Border Policy Research Institute Publications

Every five years, the BPRI partners with the Whatcom Council of Governments to conduct a passenger vehicle intercept survey at four ports of entry between British Columbia and Washington State.Students from Western Washington University intercept drivers as they cross the border in both directions and ask them a variety of questions related to trip purpose and travel characteristics (see sidebar). This Border Brief provides a preliminary analysis of survey findings from the summer of 2018 and compares them to the responses collected in the summer of 2013. It also considers the impacts of changes in cross-border travel in the Cascade …

Regional Cross-Border Collaboration Between The U.S. & Canada, Border Policy Research Institute

Border Policy Research Institute Publications

On October 24th, 2018, the BPRI hosted a one-day forum to assess the state of cross-border collaboration between British Columbia and Washington State. The forum brought together regional experts from government, academia, and private industry to discuss the successes, barriers, and opportunities for cross-border collaboration across three ‘sectors’: transportation/infrastructure, business/economics, and the environment (see sidebar). U.S. Congressman Rick Larsen provided opening remarks about the region and Canadian Coast Guard Regional Director Brian Wooton gave a keynote address on collaboration in the marine environment. This Border Policy Brief highlights some of the findings from the forum, which illustrate the need for …

An Economic Analysis Of The Appalachian Coal Industry Ecosystem: Summary Report, Randall W. Jackson, Eric Bowen, Christiadi, John Deskins, Brian Lego, Péter Járosi, Mark L. Burton, Rebecca J. Davis, Charles Simms, Matthew Murray, Péter Schaeffer

Appalachian Coal Industry Ecosystem

The decline in the demand for coal has led to significant negative impacts in areas throughout Appalachia. Consider the integrated effects across components of the coal industry ecosystem (CIE). As extraction activity is diminished, there are ripples through the industry supply chain that extends to a wide number of sectors, occupations, and county and multi-county regions of the Appalachian economy. As these suppliers are impacted, jobs are imperiled, and the fiscal health of communities i s weakened. Displaced workers will need to seek alternative employment opportunities that may entail investments in formal education and training, and this takes both time …