Regional Economics Commons^™

Nebraska Monthly Economic Indicators: December 21, 2021, Eric Thompson

Leading Economic Indicator Reports

The LEI-N rose by 0.96% during November 2021. The increase in the leading indicator, which is designed to predict economic activity six months in the future, signals moderate economic growth in Nebraska during the second quarter of 2022. There were positive business expectations in November and an increase in manufacturing hours-worked and building permits for single-family homes. There also was a decline in initial claims for unemployment insurance. However, there was another increase in the value of the U.S. dollar during November. A higher dollar is challenging for Nebraska businesses that compete in international markets.

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 …

Well-Being In Metropolitan Nebraska: 2021 Nebraska Metro Poll Results, Rebecca J. Vogt, Heather Akin, Cheryl A. Burkhart-Kriesel, Bradley Lubben, L. J. Mcelravy, Timothy L. Meyer, Steven A. Schulz

Nebraska Rural Poll

Most metropolitan Nebraskans believe they are better off than they were five years ago, are better off compared to their parents when they were their age and will be better off ten years from now. However, certain groups are more likely to be optimistic about their current situation and their expected future. Persons with higher household incomes are more likely than persons with lower incomes to think they are better off compared to five years ago, are better off compared to their parents when they were their age and will be better off ten years from now. And, persons with …

Paso Del Norte Economic Indicator Review, December, Hunt Institute For Global Competitiveness

Technical Reports

No abstract provided.

Borderplex Business Barometer, Volume 5, Number 12, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

What, Why And How Financial Development Matters: Evidence Of Asean-5, Asia-5 And Oecd-7 Economies, Swee Liang Tan

Research Collection School Of Economics

This paper analysed the association between bank and capital markets financial development with income per capita in three regions; ASEAN-5 economies (Singapore, Malaysia, Thailand, Philippines, Indonesia), Asia-5 (Japan, China, Hong Kong SAR, South Korea and India) and OECD-7 (Australia, Canada, Denmark, Norway, Sweden, UK and US) covering the period from 2000 to 2017 using panel data analysis. Fixed effect regression models with Driscoll-Kraay standard errors to account for the problem of heteroskedastic and autocorrelated error structure are used. What ASEAN-5 can learn from Asia-5 and OECD-7 experience is that bank size does matter for Asia-5 and OECD-7 despite digital disruptions …

Nebraska Monthly Economic Indicators: November 24, 2021, Eric Thompson

Leading Economic Indicator Reports

The LEI-N rose by 0.61% during October 2021. The increase in the leading indicator, which is designed to predict economic activity six months in the future, signals moderate economic growth in Nebraska during the spring of 2022. There was an increase in building permits for single-family homes in October and positive business expectations. There also was a decline in initial claims for unemployment insurance. However, several indicator components worsened during October. Airline passenger counts and manufacturing hours worked both declined slightly. There also was a modest uptick in the value of the U.S. dollar. A higher dollar is challenging for …

The Economic Impact Of The Longview Power Plant On West Virginia, Eric Bowen, John Deskins

Bureau of Business & Economic Research

In this report, we consider the potential economic impact of the Longview Power Plant’s switch to in-state coal suppliers, and the Longview Power Plant overall. In addition to increased coal purchases, we estimate the PPA would generate an additional $19.4 million in related economic activity in the state, for a total economic impact of more than $58 million annually.

Paso Del Norte Economic Indicator Review, November, Hunt Institute For Global Competitiveness

Technical Reports

No abstract provided.

Non-Tariff Measures And Their Impacts On Asean Economic Integration, Myrna S. Austria

Angelo King Institute for Economic and Business Studies (AKI)

Using a gravity model that accounts for the asymmetric effects of non-tariff measures (NTMs), the study examined the impact of the five most prevalent NTMs in the region on intra-ASEAN imports. The study found that all five NTMs are significant factors affecting intra-ASEAN imports. However, their effects vary at the sectoral level, by pairs of trading partners, and whether the products are covered by mutual recognition and harmonization agreements (MRA) or not. For example, sanitary and phytosanitary (SPS) measures, in general, negatively affect imports and are trade-reducing. Exceptions are prepared foodstuff and medicinal products, both of which are covered by …

Borderplex Business Barometer, Volume 5, Number 11, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Urbanization Policy And Economic Development: A Quantitative Analysis Of China's Differential Hukou Reforms, Wen-Tai Hsu, Lin Ma

Research Collection School Of Economics

The household registration system (hukou system) in China has hampered rural-urban migration by posing large migration friction. The system has been gradually relaxed in the past few decades, but the reforms have been differential in city size. We find a striking contrast in migration patterns between years 2005 and 2015; rural people tended to move more to large cities in 2005, but more to small- and medium-sized cities in 2015. We calibrate a spatial quantitative model to the world economy in both years with China divided into rural, mega-city, and other-city regions. We find that alternative urbanization policies that are …

The Economic Impact Of The Fort Martin Power Station On The Monongalia County And West Virginia Economies, Eric Bowen

Bureau of Business & Economic Research

In this report, we estimate the economic impact of the Fort Martin Power Station on both the West Virginia economy and the Monongalia County economy. We begin with an overview of the effects of the COVID pandemic on Monongalia County’s economy, followed by the economic impact of the power station.

Nebraska Monthly Economic Indicators: October 27, 2021, Eric Thompson

Leading Economic Indicator Reports

The LEI-N fell by 0.91% during September 2021. The decline in the leading indicator, which is designed to predict economic activity six months in the future, suggests that economic growth will slow significantly in Nebraska during the first quarter of 2022. While business expectations remained solid, other components of the leading indicator worsened. Manufacturing hours worked, airline passenger counts, and building permits for single-family homes all declined. There also was an increase in initial claims for unemployment insurance during the month.

Skill Downgrading Among Refugees And Economic Immigrants In Germany: Evidence From The Syrian Refugee Crisis, Plamen Nikolov, Leila Salarpour, David Titus

Economics Faculty Scholarship

Upon arrival to a new country, many immigrants face job downgrading, a phenomenon describing workers being in jobs below the ones they have based on the skills they possess. Moreover, in the presence of downgrading immigrants receiving lower wage returns to the same skills compared to natives. The level of downgrading could depend on the immigrant type and numerous other factors. This study examines the determinants of skill downgrading among two types of immigrants – refugees and economic immigrants – in the German labor markets between 1984 and 2018. We find that refugees downgrade more than economic immigrants, and this …

Mexico Consensus Economic Forecast, Volume 24, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Paso Del Norte Economic Indicator Review, October, Hunt Institute For Global Competitiveness

Technical Reports

No abstract provided.

Borderplex Business Barometer, Volume 5, Number 10, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Nebraska Monthly Economic Indicators: September 22, 2021, Eric Thompson

Leading Economic Indicator Reports

The LEI-N rose by 0.79% during August 2021. The increase in the leading indicator, which is designed to predict economic activity six months in the future, suggests that economic growth will be moderate in Nebraska during the first months of 2022. Growth will decline from the rapid increases seen during 2021. Three components of the leading indicator improved during August. Building permits for single-family homes bounced back in August after weak permit activity in July. There also was growth in manufacturing hours worked during the month. Finally, respondents to the August Survey of Nebraska Business reported plans to increase sales …

Paso Del Norte Economic Indicator Review, September, Hunt Institute For Global Competitiveness

Technical Reports

No abstract provided.

Borderplex Business Barometer, Volume 5, Number 9, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

México Ante Los Retos Del Futuro: Una Perspectiva Norte-Centro-Sur: Eje Norte, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Nebraska Monthly Economic Indicators: August 25, 2021, Eric Thompson

Leading Economic Indicator Reports

The LEI-N fell by 0.17% during July 2021, the first decline in ten months. The decline in the leading indicator, which is designed to predict economic activity six months in the future, suggests that economic growth will slow in Nebraska during the first months of 2022. Four components of the leading indicator worsened during July. Building permits for single-family homes declined while there was a small drop in manufacturing hours-worked. Initial claims for unemployment insurance and the value of the U.S. dollar also rose during July. A rising U.S. dollar is challenging for Nebraska businesses, which compete in international markets. …

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 …

The Economic Impact Of Affordable Housing Stock In Kent And Ottawa County, Michigan, Christian Glupker, Laudo Ogura Ph.D., Grand Valley State University

Other Faculty Publications

The Seidman College of Business at Grand Valley State University was retained by Housing Next to perform an economic impact study of affordable housing in the Grand Rapids area. The objectives of this study include:

A. Estimate the average and total housing burden for low-income households by each county.

B. Estimate the changes in different categories of expenditures (food, health care, etc.) due to reduced housing burden.

C. Estimate savings to public health care and food assistance programs due to reduced housing burden.

D. Estimate improvements to health outcomes due to potential increases in spending on health care and food …

Ciudad Juarez Exchange Rate Sell-Buy Spreads: 2009-2016, Thomas M. Fullerton Jr., Francisco J. Pallares

Border Region Modeling Project

Commercial banks and currency kiosk bureaus provide exchange services throughout Ciudad Juarez, Mexico, a large metropolitan economy located on the border with the United States. This study employs newspaper data to examine how the bank and kiosk sell-buy spreads are affected by fluctuations in the total number of northbound border crossers, variations in bilateral peso per dollar exchange rate, and the yield differential between 90- day Certificados de Tesorería (Mexico CETES) and 90-day U.S. Treasury Bills. The sample is comprised of monthly frequency data from January 2009 through June 2016. Parameter estimation is carried out using a GLS ARMAX procedure. …

Borderplex Business Barometer, Volume 5, Number 8, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Nebraska Monthly Economic Indicators: July 28, 2021, Eric Thompson

Leading Economic Indicator Reports

The LEI-N rose by 1.17% during June 2021, the ninth consecutive monthly increase. Steady improvement in the leading indicator implies that economic growth will be strong in Nebraska during the second half of 2021. Three components of the leading indicator rose during June. Business expectations, airline passenger counts, and initial claims for unemployment insurance all showed improvement. Specifically, respondents to the June Survey of Nebraska Business reported plans to increase sales and employment in the state over the next six months. Airline passenger enplanements rose sharply as the industry moved closer to pre-pandemic levels of activity. Initial claims for unemployment …

Mexico Consensus Economic Forecast, Volume 24, Number 3, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

The Montana Expression 2021: Resident Employment, Relocation, And Outdoor Recreation During Covid-19, Megan Schultz, Carter Bermingham

Institute for Tourism and Recreation Research Publications

This report is a summary of Montana residents and their self-reported use of public lands and waterways during 2020 compared to previous years. Data were collected from January 1st to March 31st of 2021. As a result of the pandemic, the number of people participating in outdoor recreation in certain parts of the country increased significantly – Montana being one of those places. Public lands and waterways, like state and federally managed parks, reported record visitation numbers for some months of 2020. In addition, anecdotal reports from public land managers and tourism partners also suggests that the level of use …