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Center for Economic Development Technical Reports

Econometrics

Economic Impact

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University Of Massachusetts Housing Study The Economic Impact Component, Center For Economic Development Jan 1998

University Of Massachusetts Housing Study The Economic Impact Component, Center For Economic Development

Center for Economic Development Technical Reports

The Economic Impact Component of the University of Massachusetts Housing study aims to answer two research questions:

1. What are the direct and indirect economic impacts of the housing industry in Massachusetts?

2. What is the significance of housing as a factor in business location decisions?

The first, and primary, question was addressed through a quantitative assessment using the "Local Impact of Homebuilding Model" calibrated by the National Association of Home Builders, The second research question was addressed through a qualitative assessment of area development and site selection literature and policy analyses dealing with business location criteria.