Tax Increment Financing Growth In Iowa, 2017 Iowa State University
Tax Increment Financing Growth In Iowa, Dave Swenson, Liesl Eathington
Tax increment financing (TIF) is a mechanism authorized by Iowa law allowing local governments, primarily cities, to capture the taxes collected on property valuation growth in a specified district. The incremental taxes are intended to be used for one or more of the following: bond payments on borrowing required to prepare the district for development; rebates on taxes to developers meeting specific, albeit locally determined, criteria; direct spending by the local government to develop an area; or outright tax refunds to qualifying developments. The use of TIF authority among Iowa’s cities is extremely popular. In fiscal 1991, there were ...
The Economic Impact Of Iowa’S Major Industries In 2014, 2017 Iowa State University
The Economic Impact Of Iowa’S Major Industries In 2014, David Swenson
This report compares and contrasts two methods of discerning industrial importance: (1) evaluating industrial information as conventionally reported by government agencies, and (2) using input-output techniques to allocate all indirect economic activity into industries producing for final demand. The advantage of the final demand apportioning procedure is that it allows for a determination of total job linkages to Iowa's key industries like agriculture, ag-related manufacturing, all other manufacturing, and to banking and finance.
The Economic Value Of Iowa’S Public Universities, 2017 Iowa State University
The Economic Value Of Iowa’S Public Universities, David Swenson
This analysis measures the economic value of Iowa’s public universities – The University of Iowa, Iowa State University, and the University of Northern Iowa. There are two dimensions evaluated: the overall worth of operating the universities as educational and service institutions and the value of student spending in their respective area economies. This analysis incorporates a number of best practices for measuring the worth of universities to regional economies.
Using Implan To Evaluate Public Universities Regional Economic Inpacts, 2017 Iowa State University
Using Implan To Evaluate Public Universities Regional Economic Inpacts, David Swenson
This is a how-to manual for utilizing the IMPLAN impact analysis program when measuring the worth of public universities to regional economies. This paper describes four approaches to measuring university economic values ranging from simple modification to the elements of value added to producing highly itemized "bill of goods" types of specifications. It compares the four methods to one another as well as to a formal RIMS II analysis of the same institution by the U.S. BEA.
The Economic Value Of The University Of Iowa Hospitals And Clinics, 2017 Iowa State University
The Economic Value Of The University Of Iowa Hospitals And Clinics, David Swenson
This analysis measures the regional economic value of The University of Iowa Hospitals and Clinics (hereafter, UIHC). The assessment looks at UIHC operational expenditures using a properly specified regional input-output model that accurately reflects its major spending categories and its primary territory of economic influence. This analysis does not contain an estimate of the regional economic boost attributable to patients or the families of patients traveling to the Iowa City metropolitan area for services or other visits. An estimate of those values would require a scientifically valid survey of visitors and patients that details average duration of stay and the ...
Misadventures In Regionalism: Reaffirming The Importance Of Central Places In Regional Economic Development Assistance, David Swenson, Liesl Eathington
Multi‐jurisdictional regional planning and problem solving approaches have been the mainstay in rural development efforts in recent decades, and regional partnerships are often a prerequisite for state or federal funding. The authors believe that many such initiatives utilize regions of convenience rather than regions of substance. This paper describes a shift in our preferred geography for providing research and technical assistance in nonmetropolitan areas in Iowa. This shift has led us, at least regarding rural development assistance, to move towards emphasizing the provision of community development services to regionally‐important nonmetropolitan urban centers, i.e., central places that clearly ...
Investigating Iowa’S Industrial Vulnerability To Reductions In Water Resources, 2017 Iowa State University
Investigating Iowa’S Industrial Vulnerability To Reductions In Water Resources, David Swenson, Liesl Eathington
This report investigates degrees of water dependence across various sectors of Iowa’s economy and the possible direct and indirect consequences of drought events on Iowa’s industries. The report is organized into five sections. Part 1 describes patterns of water use by broad economic sector, as measured in gallons of water withdrawn from surface and groundwater sources. Part 2 addresses the importance of water as a means of transportation, examining the types of commodities shipped to and from Iowa by river. Part 3 discusses the consequences of drought on grain and livestock production. Part 4 explores how reductions in ...
Nonfarm Employment Change In Iowa From 1987 To 1997, 2017 Iowa State University
Nonfarm Employment Change In Iowa From 1987 To 1997, Liesl Eathington, David Swenson, Daniel M. Otto
The pace and patterns of growth in Iowa's economy have produced distinct groups of winners and losers during the past decade. Drastic differences are evident in both the geographic location and industrial mix of employment growth. New groups of industries are gaining importance to the state's economy, mirroring trends in the national economy. In other industries, Iowa is out of step with the rest of the nation. Some industries in decline nationally are growing in Iowa, and in still other industries, Iowa's growth lags behind national rates. These industrial strengths and weaknesses are distributed unevenly across the ...
Economic Impacts Of Wind Energy Development In Iowa: Four Scenarios, 2017 Iowa State University
Economic Impacts Of Wind Energy Development In Iowa: Four Scenarios, David Swenson
The deployment of additional wind energy capacity in Iowa will yield discernible short-term and longer-term economic impacts for Iowa. The short-term and temporary economic gains are from
- the annual purchases and deliveries of Iowa-supplied wind energy generating equipment like blades, towers, nacelles and other critical components, and
- all construction-related activity associated with erecting and making operational wind energy arrays
The long-term and permanent gains to the Iowa economy are driven by
- the on-going increments to statewide productivity associated with the operation and maintenance of the built wind energy systems, and
- the incremental increase in lease payments made to landowners for ...
Equilibrium Selection In Global Games With Strategic Complementarities, 2017 Iowa State University
Equilibrium Selection In Global Games With Strategic Complementarities, David M. Frankel, Stephen Morris, Ady Pauzner
We study games with strategic complementarities, arbitrary numbers of players and actions, and slightly noisy payoff signals. We prove limit uniqueness: as the signal noise vanishes, the game has a unique strategy profile that survives iterative dominance. This generalizes a result of Carlsson and van Damme (Econometrica 61 (1993) 989–1018) for two-player, two-action games. The surviving profile, however, may depend on fine details of the structure of the noise. We provide sufficient conditions on payoffs for there to be noise-independent selection.
Nebraska Business And Consumer Confidence Indexes: June 2, 2017, 2017 University of Nebraska-Lincoln
Nebraska Business And Consumer Confidence Indexes: June 2, 2017, Eric Thompson
Leading Economic Indicator Reports
Consumer confidence fell in Nebraska during May 2017 while business confidence remained very strong. The Consumer Confidence Index – Nebraska (CCI-N) fell to roughly neutral during May. The CCI-N stood at 102.5 in April but fell to 100.4 during May, which is only slightly above the neutral value of 100.0. The outlook of Nebraska businesses remained very strong. The Business Confidence Index – Nebraska (BCI-N) rose to 110.2 in May, above its April value of 109.1 and well above the neutral value. Business confidence has been very strong in Nebraska during the first five months of 2017 ...
Evaluating Food-Fuel Trade-Offs Via Market Choice: The Case Of Iowa Corn Producers, 2017 University of Tennessee, Knoxville
Evaluating Food-Fuel Trade-Offs Via Market Choice: The Case Of Iowa Corn Producers, Tun-Hsiang Yu, Chad Hart, Wen You
This study examines food-fuel trade-offs from the perspective of crop producers and their choices in marketing their grain among food, feed and fuel use. Based on a recent survey of Iowa grain producers, this study finds that price competition from ethanol plants has increased the share of the corn marketed directly to ethanol plants and lowered the market share of corn marketed for domestic and international food/feed purposes. Other factors, such as farm size and market distance, affect the share of corn directed to the fuel, food, and feed markets. The results indicate corn producers are willing to bear ...
Using A Farmer's Beta For Improved Estimation Of Expected Yields, 2017 Iowa State University
Using A Farmer's Beta For Improved Estimation Of Expected Yields, Miguel A. Carriquiry, Bruce Babcock, Chad E. Hart
Effects of sampling error in estimation of farmers' mean yields for crop insurance purposes and their implications for actuarial soundness are explored using farm- level corn yield data in Iowa. Results indicate that sampling error, combined with nonlinearities in the indemnity function, leads to empirically estimated insurance rates that exceed actuarially fair values. The difference depends on the coverage level, the number of observations used, and the participation strategy followed by farmers. A new estimator for mean yields based on the decomposition of farm yields into systemic and idiosyncratic components is proposed, which could lead to improved rate-making and reduce ...
An Insurance Approach To Risk Management In The Ethanol Industry, 2017 University of Illinois
An Insurance Approach To Risk Management In The Ethanol Industry, Nicholas D. Paulson, Bruce Babcock, Chad E. Hart, Dermot J. Hayes
The vast majority of crop and revenue insurance policies sold in the United States are single-crop policies that insure against low yields or revenues for each crop grown on the farm. But, increasingly, producer income is based more on the value of crops that have been converted into a value-added product such as ethanol. Moreover, the recent increases in energy and commodity price levels and volatilities emphasize the importance of risk management to ethanol investors. This paper uses an insurance approach to outline a risk management tool which mimics the gross margin level of a typical corn-based ethanol plant. The ...
Crowdsourcing, Sharing Economies And Development, 2017 Singapore Management University
Crowdsourcing, Sharing Economies And Development, Araz Taeihagh
Research Collection School of Social Sciences
What are the similarities and differences between crowdsourcing and sharing economy? What factors influence their use in developing countries? In light of recent developments in the use of IT-mediated technologies, such as crowdsourcing and the sharing economy, this manuscript examines their similarities and differences, and the challenges regarding their effective use in developing countries. We first examine each individually and highlight different forms of each IT-mediated technology. Given that crowdsourcing and sharing economy share aspects such as the use of IT, a reliance on crowds, monetary exchange, and the use of reputation systems, we systematically compare the similarities and differences ...
Individual And Household-Level Effects Of Energy Poverty On Human Development, 2017 University of New Mexico
Individual And Household-Level Effects Of Energy Poverty On Human Development, Brandon Bridge
This study investigates some of the predictors of energy poverty, the interrelationships between different expressions of energy poverty, and the human development impacts of energy poverty on primarily rural individuals and households in an underdeveloped country. It uses data from four rounds of Nicaragua's Living Standards Measurement Survey, and examines the effects of energy poverty on income, education, and health.
Chapter 1 provides background information on energy poverty in general, as well as the specific situation that has developed in Nicaragua. It also provides a modeling framework, both conceptual and mathematical, for the ways in which energy poverty impacts ...
How Have Vietnamese Diaspora Communities, Including Those Returning To Vietnam, Contributed To The Country’S Development?, 2017 State University of New York, Empire State College
How Have Vietnamese Diaspora Communities, Including Those Returning To Vietnam, Contributed To The Country’S Development?, Nhat Minh Nguyen
Regional Economic Integration In Mercosur: The Role Of Real And Financial Sectors, 2017 Methodist University
Regional Economic Integration In Mercosur: The Role Of Real And Financial Sectors, Hem C. Basnet, Gyan Pradhan
EKU Faculty and Staff Scholarship
This study explores economic interdependence in Mercosur by examining common trends and common cycles among key macro-variables representing both the real and financial sectors of the economy. The serial correlation common features test reveals that the key macroeconomic variables (real output, investment, and intra-regional trade) share common trends in the long run suggesting that macroeconomic interdependence in the Mercosur economies is strong. The exchange rates demonstrate co-movement in the long run as they share a single common trend. These finding suggests that these economies cannot swing away from long-run equilibrium for an extended duration; they will be brought together by ...
Culture, Inner-City Education And Improving Economic Growth In Birmingham, Alabama, 2017 SIT Graduate Institute
Culture, Inner-City Education And Improving Economic Growth In Birmingham, Alabama, Leroy Abrahams
Perhaps the greatest reminder of the economic inequities in American society is the drastic deficiencies in educational outcomes, based on class and race. Birmingham, Alabama, vividly portrays this reality. Families with means send their children to private schools and/or concentrate in the suburbs, leaving largely poor, and oftentimes, predominantly minority in densely populated crime-ridden areas with suboptimal schooling. The schooling patterns are clearly reflected in the economic outcomes, though Black are a majority in the city they are vastly underrepresented in the middle to upper middle class, while grossly overrepresented among those in poverty. These inequities are often mirrored ...
Nebraska Monthly Economic Indicators: May 24, 2017, 2017 University of Nebraska-Lincoln
Nebraska Monthly Economic Indicators: May 24, 2017, Eric Thompson
Leading Economic Indicator Reports
The Leading Economic Indicator – Nebraska (LEI-N) 1 fell by 0.88% during April of 2017. The decline followed three months of rapid increase in January through March, implying a moderation in the outlook for the Nebraska economy in late 2017. Among the components of the indicator, business expectations were strong during April while the value of the U.S. dollar fell, which is a positive sign for Nebraska’s export-oriented businesses. However, manufacturing hours, building permits and airline passenger counts all declined during April, while initial claims for unemployment insurance rose.