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Full-Text Articles in Regional Economics

Unveiling The Power Of Tourism Research: Navigating Insights From Montana For 2024 And Beyond, Melissa Weddell, Kara Grau, Matthew Pettigrew Apr 2024

Unveiling The Power Of Tourism Research: Navigating Insights From Montana For 2024 And Beyond, Melissa Weddell, Kara Grau, Matthew Pettigrew

Institute for Tourism and Recreation Research Publications

ITRR presentation from the 2024 Governor's Conference on Tourism


Montana Residents' Attitudes Towards Tourism - 2023, Carter Bermingham, Megan Schultz, Matthew Pettigrew Apr 2024

Montana Residents' Attitudes Towards Tourism - 2023, Carter Bermingham, Megan Schultz, Matthew Pettigrew

Institute for Tourism and Recreation Research Publications

A summary of Montana residents' attitudes towards tourism from the 2023 season. Overall, results from this study show that Montana residents hold a generally positive attitude towards tourism in the state. Residents are aware of the economic benefit that tourism provides to their communities, and agree that the overall benefits outweigh the negative impacts. Perceptions of crowding at the statewide and community level appear to be easing from previous years.


2023 Estimates - Nonresident Visitation, Expenditures, And Economic Contribution, Kara Grau Apr 2024

2023 Estimates - Nonresident Visitation, Expenditures, And Economic Contribution, Kara Grau

Institute for Tourism and Recreation Research Publications

This report is a collection of estimates of 2023 nonresident visitation to Montana, expenditures by nonresident travelers in the state, and the contribution to Montana's economy of that traveler spending. Included are estimates by full year, quarter, trip purposed, and other visitor segments.


The Montana Travel Industry - 2023 Summary, Melissa Weddell Apr 2024

The Montana Travel Industry - 2023 Summary, Melissa Weddell

Institute for Tourism and Recreation Research Publications

2023 summary infographic of the Montana travel and recreation industry.


Broadly Shared Local Economic Success Since 2000: New Measures And New Lessons For Communities, Timothy J. Bartik, Brad J. Hershbein, Kathleen Bolter, Kyle Huisman, W.E. Upjohn Institute For Employment Research Mar 2024

Broadly Shared Local Economic Success Since 2000: New Measures And New Lessons For Communities, Timothy J. Bartik, Brad J. Hershbein, Kathleen Bolter, Kyle Huisman, W.E. Upjohn Institute For Employment Research

Reports

In recent decades, many local labor markets—especially those in former industrial areas—have experienced lagging employment rates, hourly wages, and annual earnings. Even in places that have thrived, disadvantaged racial and ethnic groups and those with less education have often fared poorly, and long-term growth has bypassed many Americans at the middle and bottom of the income distribution. This report examines the relative economic success over the past two decades (prior to the COVID pandemic) of different local labor markets throughout the United States, both for residents overall and for those of different demographic groups. We construct a new, publicly available …


Migration And Resource Misallocation In China, Xiaolu Li, Lin Ma, Yang Tang Mar 2024

Migration And Resource Misallocation In China, Xiaolu Li, Lin Ma, Yang Tang

Research Collection School Of Economics

We structurally estimate the firm-level frictions across prefectures in China and quantify their aggregate and distributional implications. Based on a general equilibrium model with input and output distortions and migration, we show that the firm-level frictions are less dispersed and less correlated with firm productivity in richer prefectures. Counterfactual exercises show that reducing the within-prefecture misallocation increases aggregate welfare, discourages migration toward large prefectures, and reduces spatial inequality. Moreover, internal migration alleviates micro-frictions’ impacts on aggregate welfare and worsens their effects on spatial inequality.


Borderplex Business Barometer, Volume 8, Number 3, Thomas M. Fullerton Jr., Steven L. Fullerton Mar 2024

Borderplex Business Barometer, Volume 8, Number 3, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Policies For Place: How To Make Sustainable Investments In Communities, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Lee Adams, Brian J. Asquith, Alfonso Hernandez, Kyle Huisman, Iryna V. Lendel, Gabrielle Pepin, Bridget F. Timmeney, Beth C. Truesdale, Yulya Truskinovsky Mar 2024

Policies For Place: How To Make Sustainable Investments In Communities, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Lee Adams, Brian J. Asquith, Alfonso Hernandez, Kyle Huisman, Iryna V. Lendel, Gabrielle Pepin, Bridget F. Timmeney, Beth C. Truesdale, Yulya Truskinovsky

Reports

No abstract provided.


Borderplex Business Barometer, Volume 8, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton Feb 2024

Borderplex Business Barometer, Volume 8, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Sustainability Practices, Policies, And Business Models Of Web-Based Innovation Platforms: Lessons Learned For The Ohio Innovation Exchange (Oiex), Iryna V. Lendel, Megan Zabik Jan 2024

Sustainability Practices, Policies, And Business Models Of Web-Based Innovation Platforms: Lessons Learned For The Ohio Innovation Exchange (Oiex), Iryna V. Lendel, Megan Zabik

Reports

No abstract provided.


Borderplex Business Barometer, Volume 8, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton Jan 2024

Borderplex Business Barometer, Volume 8, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Highlights Of The Borderplex Economic Outlook To 2025, Thomas M. Fullerton Jr., Steven L. Fullerton Jan 2024

Highlights Of The Borderplex Economic Outlook To 2025, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Absentee Ownership And Rental Affordability: Evidence From Commuting Zones, Ireland F. Crowther Jan 2024

Absentee Ownership And Rental Affordability: Evidence From Commuting Zones, Ireland F. Crowther

Belmont University Research Symposium (BURS)

In this paper, we examine the intersection of financialization, wealth inequality, and the housing market in the United States with an emphasis on the relationship between absentee ownership and declining rental affordability. At the same time as financialization has increasingly transformed the market for residential real estate into a vehicle for financial speculation, households at the bottom of the income distribution have been disproportionately affected by rising rents and declining housing affordability. Using data from the decennial Census and the American Community Survey from 1990 to 2020, we investigate the link between absentee ownership and rental affordability across US commuting …


Mexico Consensus Economic Forecast, Volume 27, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton Jan 2024

Mexico Consensus Economic Forecast, Volume 27, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Do Americans Support More Housing?, Michael Lewyn Jan 2024

Do Americans Support More Housing?, Michael Lewyn

Scholarly Works

An analysis of opinion poll data on housing issues. The article finds that Americans generally believe that their community needs more housing of all types, but are more closely divided about whether such housing should be in their own neighborhoods. The article further finds that members of minority groups, lower-income Americans, and younger Americans are more pro-housing than older, affluent whites.


Affordable Housing Testimonies & Sources, Asma Mahamed Dec 2023

Affordable Housing Testimonies & Sources, Asma Mahamed

What Are The Affordable Housing Options in Portland, Maine?

Asma Mahamed

December 12th, 2023

Civic Leadership

Final Testomity


Employment, Income, And Poverty In Kalamazoo City Core Neighborhoods, Val Klomparens Dec 2023

Employment, Income, And Poverty In Kalamazoo City Core Neighborhoods, Val Klomparens

Reports

This report employs a traditional methodology using American Community Survey data to examine employment, income, and poverty in three neighborhoods in Kalamazoo, Michigan: Eastside, Northside, and Edison. These neighborhoods are studied with an emphasis on eligibility status for the Distressed Area Recompete Pilot Program, administered through the U.S. Economic Development Administration. Eastside residents are unique in that a larger share earn income through wages or employment than do Michigan residents, yet their median income falls below those at the county and state levels in a statistically significant way. The Edison neighborhood is characterized by greater income inequality than the other …


Borderplex Business Barometer, Volume 7, Number12, Thomas M. Fullerton Jr., Steven L. Fullerton Dec 2023

Borderplex Business Barometer, Volume 7, Number12, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Yellowstone Harvest Festival, Livingston, Montana, Ava Worbets, Hunter Tillman, Megan Schultz Nov 2023

Yellowstone Harvest Festival, Livingston, Montana, Ava Worbets, Hunter Tillman, Megan Schultz

Institute for Tourism and Recreation Research Publications

attendees of the Yellowstone Harvest Festival. Surveys were implemented on site during the event. A total of 78 event attendees participated in the survey. Results show that 81% of respondents were residents of Montana and of those Montana residents, 33% were from Park County. Out-of-county respondents spent an average of 3.55 nights away from home. Of those nights, an average of 2.46 of those nights were in Livingston and 3.50 nights in other nearby locations. Respondents to the survey reported a total spending of $18,134 in the Livingston/Park County area. Results provide event organizers and Explore Livingston with useful data …


Borderplex Business Barometer, Volume 7, Number11, Thomas M. Fullerton Jr., Steven L. Fullerton Nov 2023

Borderplex Business Barometer, Volume 7, Number11, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


The Event At Rebecca Farm 2023, Kalispell, Montana, Ava Worbets, Hunter Tillman, Megan Schultz Nov 2023

The Event At Rebecca Farm 2023, Kalispell, Montana, Ava Worbets, Hunter Tillman, Megan Schultz

Institute for Tourism and Recreation Research Publications

This study was conducted for Rebecca Farm to provide insight into the characteristics of attendees to the twentysecond annual The Event at Rebecca Farm. Paper surveys were completed by 158 attendees of the event. Results show that 41% of attendees were residents of Flathead Country and 59% came from outside of Flathead County. Visitors spent an average of 6.55 nights in the Flathead Valley area. People spent the most money ($96,336) on accommodations (hotel/motel/B&B/rental cabin/home), followed by restaurants/bars ($21,265), then the Rebecca Farm Trade Fair ($17,126). Respondents to the survey reported total spending of $199,471 in the Flathead Valley. Results …


Itrr Presentation To Tourism Advisory Council, October 2023, Melissa Weddell Oct 2023

Itrr Presentation To Tourism Advisory Council, October 2023, Melissa Weddell

Institute for Tourism and Recreation Research Publications

Presentation deck to the Tourism Advisory Council, October 4, 2023 highlighting Institute for Tourism and Recreation Research project overview, research methods, collaborations, recent accomplishments, etc.


Itrr Annual Report - 35 Years - 1987-2022, Melissa Weddell Oct 2023

Itrr Annual Report - 35 Years - 1987-2022, Melissa Weddell

Institute for Tourism and Recreation Research Publications

Within the pages of this report, you will discover a comprehensive overview of our past and future research projects, travel, and outdoor recreation information and data, as well as who we are and how we collect data. By transparently sharing our experiences and growth, we aim to foster an environment of continuous improvement and shared understanding. Reflecting on the milestones achieved, ITRR has continued to evolve and flourish over the past 35 years, with our journey marked by innovation, collaboration, and unwavering pursuit of our mission to serve Montanans.


Mexico Consensus Economic Forecast, Volume 26, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton Oct 2023

Mexico Consensus Economic Forecast, Volume 26, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Montana Folk Festival 2023, Butte, Montana, Ava Worbets, Hunter Tillman, Megan Schultz Oct 2023

Montana Folk Festival 2023, Butte, Montana, Ava Worbets, Hunter Tillman, Megan Schultz

Institute for Tourism and Recreation Research Publications

This study was conducted for the non-profit Mainstreet Uptown Butte to provide insight into the characteristics of attendees of the 2023 Montana Folk Festival. Paper surveys were completed by 860 attendees of the event. Results show that 82% of respondents were residents of Montana, and of those Montana residents, 45% were from Butte-Silver Bow County. Out-of-county respondents spent an average of 3.43 nights in Butte-Silver Bow County and more people spent money on restaurants/bars and hotel/motel while visiting the area than any other spending categories. Respondents to the survey reported a total spending of $199,074.00 in the Butte-Silver Bow County …


Nebraska Crop Budgets 2024, Robert N. Klein, Glennis Mcmclure Oct 2023

Nebraska Crop Budgets 2024, Robert N. Klein, Glennis Mcmclure

Department of Agricultural Economics: Presentations, Working Papers, and Gray Literature

The 2024 Nebraska Crop budget projections were created using cropping practice norms for many producers in Nebraska. However, each individual farming operation is unique, and these budgets should be used only as a guide. The budgets for 2024 are available in the Agricultural Budget Calculator program at:https://agbudget.unl.edu/. To modify these budgets, you can download UNL budgets into your ABC program account or create your own. In addition, the reports for each of the 2024 crop budgets are saved as printable (PDF) files. See also the new budget calculator at https://cap.unl.edu/abc.

The following individuals contributed to these budgets …


Resident Participation In Outdoor Recreation: Montana Fish, Wildlife & Parks, Carter Bermingham, Megan Schultz, Matthew Pettigrew Oct 2023

Resident Participation In Outdoor Recreation: Montana Fish, Wildlife & Parks, Carter Bermingham, Megan Schultz, Matthew Pettigrew

Institute for Tourism and Recreation Research Publications

This study was conducted to better understand resident participation in outdoor recreation, specifically on public lands managed by Montana Fish, Wildlife & Parks. Respondents were asked about their participation in outdoor recreation, the importance of outdoor recreation to their quality of life, and their satisfaction with the investment of outdoor recreation facilities in their local area, among other topics. The report also includes demographic information as well as analysis conducted at the regional level.


Borderplex Business Barometer, Volume 7, Number10, Thomas M. Fullerton Jr., Steven L. Fullerton Oct 2023

Borderplex Business Barometer, Volume 7, Number10, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


U.S. Trade And Investment Restrictions: Laudable But Costly Goals, Christine Mcdaniel Sep 2023

U.S. Trade And Investment Restrictions: Laudable But Costly Goals, Christine Mcdaniel

Yeutter Institute International Trade Policy Review

U.S. Commerce Secretary Raimondo’s recent visit to China resulted in the announcement of a new “export control enforcement information exchange” between the United States and China. The laudable goal is to prevent China from using U.S. technology for military purposes against the United States or our allies. An information exchange may be a way to explain things to each other, but the fact remains that the export controls are indeed in place. China represents large revenue streams for three of the largest US chip producers—about 20% for Nvidia, 60% for Qualcomm, and 20-30% for Intel. If these U.S. companies cannot …


U.S. Trade And Investment Restrictions: Laudable But Costly Goals, Christine Mcdaniel Sep 2023

U.S. Trade And Investment Restrictions: Laudable But Costly Goals, Christine Mcdaniel

Yeutter Institute International Trade Policy Review

U.S. Commerce Secretary Raimondo’s recent visit to China resulted in the announcement of a new “export control enforcement information exchange” between the United States and China. The laudable goal is to prevent China from using U.S. technology for military purposes against the United States or our allies. An information exchange may be a way to explain things to each other, but the fact remains that the export controls are indeed in place. China represents large revenue streams for three of the largest US chip producers—about 20% for Nvidia, 60% for Qualcomm, and 20-30% for Intel. If these U.S. companies cannot …