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Full-Text Articles in Social and Behavioral Sciences

Maine Employment Change During The Early Months Of The Covid-19 Pandemic: A Shift-Share Analysis, Todd Gabe Oct 2020

Maine Employment Change During The Early Months Of The Covid-19 Pandemic: A Shift-Share Analysis, Todd Gabe

Economic Impact Analysis

The Maine economy experienced an 11-percent reduction in employment from February to July of 2020, with job losses of 18 percent from February to April and a 10-percent increase from April to July. Of the employment decline of 57,100 jobs from February to July, about 85 percent of the loss is related to the performance of the U.S. economy, and 16 percent is associated with factors that are unique to Maine.

Over the period of extreme job loss from February to April and the employment gains that happened between April and July, there’s wide heterogeneity in the performance of industry …


The Employment Impacts Of Wind Power Development In Maine 2003-2010, Charles S. Colgan Feb 2011

The Employment Impacts Of Wind Power Development In Maine 2003-2010, Charles S. Colgan

Economic Impact Analysis

The development of wind power in Maine has emerged as a significant economic opportunity in the past several years, providing one of the few growing sectors in the latter half of the last decade. The employment impact of this development has been discussed in regulatory filings before, but has not been examined in detail using post-construction data on actual wind power projects. This report examines the employment impacts of three major wind power projects: Mars Hill in Aroostook County, Stetson Mountain in Washington County, and Kibby Mountain in Franklin County. (Stetson and Kibby were undertaken in two phases.) These projects …


The Impacts Of Wind Power Development In Maine 2003-2010, Charles Colgan Sep 2010

The Impacts Of Wind Power Development In Maine 2003-2010, Charles Colgan

Economic Impact Analysis

The development of wind power in Maine has emerged as a significant economic opportunity in the past several years, providing one of the few growing sectors in the latter half of the last decade. The impact of this development has been estimated in regulatory filings before, but has not been examined in detail using data on actual expenditures for wind power development. This report examines the economic impacts of three major wind power projects: Mars Hill in Aroostook County, Stetson Mountain in Washington County, and Kibby Mountain in Franklin County. (Stetson and Kibby were undertaken in two phases) These projects …


Economic Impacts Of The Proposed Maine Power Reliability Project, Charles S. Colgan Feb 2009

Economic Impacts Of The Proposed Maine Power Reliability Project, Charles S. Colgan

Economic Impact Analysis

Central Maine Power Company (CMP) proposes to invest in a significant upgrade to much of its high voltage transmission system in central and southern Maine in order to increase reliability in the future and to meet Federal standards for the nation’s electricity grid. The project, known as the Maine Power Reliability Program (MPRP) is expected to cost an estimated $1.5 billion and to be implemented over the four year period from 2009 to 2012.

Large construction projects such as MPRP typically have a different type of impact on the economy than, for example, a new manufacturing plant. Construction and related …


The Economic Impacts Of The Horizon Wind Energy Project, Charles Colgan Jun 2008

The Economic Impacts Of The Horizon Wind Energy Project, Charles Colgan

Economic Impact Analysis

Horizon Wind Energy proposes to build 800MW of electric generation in Aroostook County, Maine. This report examines the economic impacts from the construction and the operational employment associated with the proposed project.

The economic impact analysis was conducted using an econometric model of the Maine economy maintained by the USM Center for Business and Economic Analysis and developed by Regional Economic Models Inc. (REMI) of Amherst, Massachusetts. The REMI model is a widely used economic forecasting and impact estimation model which has been used by CBER for more than 15 years. It has been used by the State Planning Office …