Regional Economics Commons^™

Rural Women Entrepreneurship In South Dakota, Carol J. Cumber, Abbigail Meeder

Economics Commentator

No abstract provided.

Current Account Balances, Financial Development And Institutions: Assaying The World “Saving Glut”, Menzie David Chinn, Hiro Ito

Economics Faculty Publications and Presentations

We critically assess several of the key assertions underlying the global saving glut hypothesis. First, we investigate whether the behavior of the U.S. current account behavior is anomalous in light of previous industrial country experience. Second, we determine whether East Asian current account balances are predictable using standard macroeconomic variables, augmented with institutional factors. Finally, we investigate whether higher levels of financial development in key East Asian economies would result in smaller current account surpluses. We find that a one percentage-point increase in the budget balance would increase the current account balance by 0.10 to 0.49 percentage-points for industrialized countries, …

How Do The Effects Of Local Growth On Employment Rates Vary With Initial Labor Market Conditions?, Timothy J. Bartik

Upjohn Institute Working Papers

This paper examines how the effects of increased employment growth on a metropolitan area's employment to population ratio varies with the initial tightness of the metropolitan area's labor market. This examination is relevant to evaluating the benefits of local economic development policies in different metropolitan areas. Much of the benefits of such policies are in higher employment rates. The empirical estimates suggest that the effectiveness of employment growth in increasing the employment to population ratio is lower in metropolitan areas with "tight" labor markets. In addition, some estimates suggest that growth has the greatest long-run effects on the employment to …

Agri-Environmental Policy Options For Working Lands In The Next United States Farm Bill, Thomas L. Dobbs

Economics Commentator

No abstract provided.

Borderplex Economic Outlook: 2006-2008, Thomas M. Fullerton Jr.

Border Region Modeling Project

No abstract provided.

Latino Political Participation In Nebraska: The Challenge Of Enhancing Voter Mobilization And Representation - Ollas Report No. 3, Jonathan Benjamin-Alvarado

Latino/Latin American Studies Reports

This OLLAS policy brief seeks to enhance basic information regarding the role Latinos will play in shaping the future of politics in Nebraska in the short and medium term. Because issues such as immigration policy, fair housing, labor practices, and public education have risen to the top of the political agenda nationally and statewide, and because these issues most directly impact the lives of Nebraska’s growing Latino constituencies legitimately, we must consider to what extent Latino stakeholders can shape the debate and articulate acceptable policy responses to these matters.

How effectively these issues are dealt with will have major implications …

Perspectives Of Cow/Calf Producers In The Dakotas - Marketing Channel Selection, Martin Beutler, Scott Fausti, Bashir Qasmi

Economics Commentator

No abstract provided.

Crp In South Dakota: Potential Effects On South Dakota Agriculture, Gary Taylor, Larry Janssen

Economics Commentator

No abstract provided.

Winter Wheat Decisions, Jack Davis, Matthew Diersen, Alan May

Economics Commentator

No abstract provided.

An Assessment Of The Economic Impact Of The Proposed Stoneco Gravel Mine Operation On Richland Township, George Erickcek

Reports

No abstract provided.

Michigan's Economic Competitiveness And Public Policy, Timothy J. Bartik, George A. Erickcek, Wei-Jang Huang, Brad R. Watts

Reports

No abstract provided.

An Evaluation Of Michigan Regional Skills Alliances (Mirsas): Final Report, Kevin M. Hollenbeck, Randall W. Eberts

Reports

No abstract provided.

Economic Impacts Of Alternative Sized Dairies In South Dakota, Erik Gerlach, Larry Janssen, Gary Taylor, Alvaro Garcia

Economics Commentator

No abstract provided.

South Dakota Agricultural Land Values And Cash Rental Rates: 2006, Burton Pflueger, Larry Janssen

Economics Commentator

No abstract provided.

Berrien County 2005 To 2015 Economic Forecast: Final Report, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

Spring Cattle Market Review, Matthew Diersen

Economics Commentator

No abstract provided.

Projecting The Economic Impact Of The Fayetteville Shale Play For 2005-2008, Jeffery T. Collins, Katherine A. Deck

Publications and Presentations

This study projects the general economic impact from exploration and development activities related to the Fayetteville Shale. The Fayetteville Shale is an unconventional gas reservoir located on the Arkansas side of the Arkoma Basin, ranging in thickness from 50 to 325 feet and ranging in depth from 1,500 to 6,500 feet. The Fayetteville Shale is aerially extensive and may be present across numerous counties in central and eastern Arkansas, including the counties of Cleburne, Conway, Faulkner, Independence, Johnson, St. Francis, Prairie, Van Buren, White, and Woodruff.

Assessing The Economic Impact Of The Fayetteville, Arkansas Smoking Ban, Jeffery T. Collins

Publications and Presentations

This report is the third in a series of studies examining the impact of the implementation of the smoke-free ordinance in Fayetteville, Arkansas in March of 2004. The ban on smoking in public places in Fayetteville provides an opportunity to scientifically investigate the economic impact of this change in public policy. By comparing pre-ban historical economic growth rates to post-ban growth rates both within the city of Fayetteville and in comparable communities, some measure of the impact can be developed. Variables of interest include hotel, motel, and restaurant (HMR) taxes, employment, and sales taxes. The changes in these variables need …

Capm And Home Bias; Prospective Plantings Analysis, Ding Du, Alan May

Economics Commentator

No abstract provided.

Farm Income Outlook 2006, Burton Pflueger, Jack Davis

Economics Commentator

No abstract provided.

Investor Reluctance To Invest In Foreign Equities, John A. Sondey, Sarah L. Thompson

Economics Commentator

No abstract provided.

Theses & Papers By Master's Degree Students In The Department Of Economics: 2005, Matthew Diersen, Larry Janssen

Economics Commentator

No abstract provided.

An Optimal Depletion Cge Model: A Systematic Framework For Energy-Economy Analysis In Resource-Based Economies, Hodjat Ghadimi

Regional Research Institute Working Papers

Numerical economic models of energy fall into two general categories: models analyzing within energy sector issues and models examining the interaction between the energy sector and the rest of the economy. The first category are mostly partial equilibrium models with a very detailed and disaggregated representation of the energy sector. Although very useful for sector planning purposes this class of models essentially neglect the interdependence of the energy sector and the rest of the economy. The second category, appropriately called energy-economy interaction models, are multisectoral and general equilibrium models focusing on the relationship between the energy sector and the rest …

County-Level Determinants Of Local Public Services In Appalachia: A Multivariate Spatial Autoregressive Model Approach, Gebremeskel H. Gebremariam, Tesfa Gebremedhin, Peter V. Schaeffer

Regional Research Institute Working Papers

A multivariate spatial autoregressive model of local public expenditure determination with autoregressive disturbance is developed and estimated in this paper. The empirical model is developed on the principles of utility maximization of a strictly quasi concave community utility function. The existence of spatial interdependence is tested using Moran’s I statistic and Lagrange Multiplier test statistics for both the spatial error and spatial lag models. The full model is estimated by efficient GMM following Kelejian and Prucha’s (1998) approach using county-level data from 418 Appalachian counties. The results indicate the existence of significant spillover effects among local governments with respect to …

A Spatial Analysis Of Obesity In West Virginia, Anura Amarasinghe, Gerard D'Souza, Cheryl Brown, Tatiana Borisova

Regional Research Institute Working Papers

A spatial panel data analysis at the county level examines how individual food consumption, recreational, and lifestyle choices ― against a backdrop of changing demographic, built environment, and policy factors ― leads to obesity. Results suggest that obesity tends to be spatially autocorrelated; in addition to hereditary factors and lifestyle choices, it is also caused by sprawl and lack of land use planning. Policy measures which stimulate educational attainment, poverty alleviation, and promotion of better land use planning and best consumption practices (BCPs) could both reduce obesity and result in sustainable development of regions where obesity is prevalent and the …

The Interaction Between Individuals’ Destination Choice And Occupational Choice: A Simultaneous Equation Approach, Christiadi, Brian Cushing

Regional Research Institute Working Papers

This study examines the relationship between an individual’s occupation choice and destination choice. It portrays the relationship as an interaction between the supply of occupational skills by individuals and demand by different labor market regions. The analysis applies a two-equation simultaneous system: (1) a multinomial logit model of occupational choice and (2) a conditional logit model of state destination choice. The unusual merger of multinomial logit and conditional logit models in a simultaneous equation framework requires derivation of a unique variancecovariance matrix. The results indicate strong association between supply of (migration) and demand for (industry mix) an individual’s occupational skills. …

A Dynamic Cge Analysis Of Exhaustible Resources: The Case Of An Oil Exporting Developing Country, Hodjat Ghadimi

Regional Research Institute Working Papers

An extensive literature concerned with optimal depletion of an exhaustible resource, with only a few exceptions, ignores the economy-wide and sectoral distribution effects of resource depletion. This paper presents a dynamic computable general equilibrium model to link the underlying natural resource base to economic performance. The model consists of an intra-temporal price endogenous model of a market economy, embedded in an inter-temporal optimal growth and development model. It is an optimization model that determines the optimal development path of the economy, hence, the inter-temporal depletion problem subject to workings of a multi-sector market economy. This general equilibrium approach captures the …

The Influence Of Socioeconomic And Environmental Factors On Health And Obesity In Rural Appalachia, Anura Amarasinghe, Gerard D'Souza, Cheryl Brown, Hyungna Oh

Regional Research Institute Working Papers

A recursive system of ordered self assessed health (SAH) and a binary indicator of obesity were used to investigate the impact of socioeconomic and environmental factors on health and obesity in the predominantly rural Appalachian state of West Virginia. Behavioral Risk Factor Surveillance System (BRFSS) data together with county specific socioeconomic and built environment indicators were used in estimation. Results indicate that an individual’s risk of being obese increases at a decreasing rate with per capita income and age. Marginal impacts show that as the level of education attainment increases, the probability of being obese decreases by 3%. Physical inactivity …

Front Matter: The State Of The Region: Hampton Roads 2006, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Cover, front matter, table of contents, and other materials for the 2006 The State of the Region report authored by the Regional Studies Institute at Old Dominion University

Part 3: Tunnel Vision: Traffic Congestion In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Traffic congestion already is bad in the region; we estimate the cost in 2006 to be $473 million, or $296 per person. If nothing is done to alleviate the situation, this cost will grow to $1.07 billion, or $608 per person in 2015. Our simulations also predict the speed of automobile commuters going through the Hampton Roads Bridge-Tunnel will fall to 7.2 mph in 2015.