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Regional Economics

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Full-Text Articles in Social and Behavioral Sciences

Itrr Annual Report - 2023, Melissa Weddell Sep 2024

Itrr Annual Report - 2023, Melissa Weddell

Institute for Tourism and Recreation Research Publications

Within this report, you will discover a comprehensive overview of our past and future research projects, travel and outdoor recreation information, and behind-the-scenes stories of our impact. By transparently sharing our work, we aim to foster stakeholder engagement that supports rigorous and impartial research focused on continuous improvement. Reflecting on 37 years of milestones, ITRR has evolved and flourished through innovation, collaboration, and an unwavering mission to serve Montanans.


Food Insecurity Cost Estimates For El Paso: 2023, Thomas M. Fullerton Jr., Gregory S. Schober, Steven L. Fullerton, Eva Moya Sep 2024

Food Insecurity Cost Estimates For El Paso: 2023, Thomas M. Fullerton Jr., Gregory S. Schober, Steven L. Fullerton, Eva Moya

Border Region Modeling Project

Food insecurity is a fairly pervasive problem throughout the United States that is especially burdensome for low-income regions. While the latter is generally recognized, there have been very few efforts to quantify the dollar costs of food insecurity, especially at the regional level. This study attempts to do so for El Paso County, Texas. This is achieved by first adjusting for inflation cost estimates in a prior national level study. Regional differences with respect to the nation are then utilized to calculate comparable costs for El Paso. Results indicate that the economic damage wrought by food insecurity in El Paso …


Borderplex Business Barometer, Volume 8, Number 8, Thomas M. Fullerton Jr., Steven L. Fullerton, Christopher A. Erickson Aug 2024

Borderplex Business Barometer, Volume 8, Number 8, Thomas M. Fullerton Jr., Steven L. Fullerton, Christopher A. Erickson

Border Region Modeling Project

No abstract provided.


Reviving Trade Justice: How Arbitration Is Saving Wto Dispute Resolution (For Now), Christine Mcdaniel Jul 2024

Reviving Trade Justice: How Arbitration Is Saving Wto Dispute Resolution (For Now), Christine Mcdaniel

Yeutter Institute International Trade Policy Review

Yeutter Institute Non-Resident Fellow Christine McDaniel provides her thoughts about how arbitration is saving World Trade Organization dispute resolution for the time being. She suggests that the dispute mechanism and the appeal process are not fully functioning, although a temporary solution has emerged, namely, arbitration and a speedy appeals process. She covers recent cases and options facing WTO members who have a complaint.


Nebraska Monthly Economic Indicators: July 3, 2024, Eric Thompson Jul 2024

Nebraska Monthly Economic Indicators: July 3, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska rose by 0.26% in May 2024. The increase in the leading indicator, designed to predict economic growth six months into the future, implies that the Nebraska economy will grow through the end of 2024. There was an increase in manufacturing hours worked in May, as Nebraska continues to benefit from strong demand for food products. Business expectations remained positive. Respondents to the May Survey of Nebraska Business reported plans to increase sales and employment over the next six months.


Borderplex Business Barometer, Volume 8, Number 7, Thomas M. Fullerton Jr., Steven L. Fullerton Jul 2024

Borderplex Business Barometer, Volume 8, Number 7, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Mexico Consensus Economic Forecast, Volume 27, Number 3, Thomas M. Fullerton Jr., Steven L. Fullerton Jul 2024

Mexico Consensus Economic Forecast, Volume 27, Number 3, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Echoes Of War In Lithuania, Jokubas Salyga Jun 2024

Echoes Of War In Lithuania, Jokubas Salyga

Political Science Faculty Publications and Presentations

The chapter explores the impact of the war on the everyday lives of Lithuanians. It begins by addressing the economic challenges instigated by Vladimir Putin’s military adventurism, and the latter’s burden on workers and the poor. This is followed by documenting the unwavering determination of the Lithuanian government and its people to create a hospitable environment for Ukrainian refugees. Subsequently, the chapter delves into the trials and tribulations faced by Ukrainian arrivals in Lithuania, drawing comparisons with the experiences of Belarusian and Russian nationals who have also sought refuge in the country. The latter are currently viewed as a potential …


Borderplex Business Barometer, Volume 8, Number 6, Thomas M. Fullerton Jr., Steven L. Fullerton, Chia-Chun Chiang Jun 2024

Borderplex Business Barometer, Volume 8, Number 6, Thomas M. Fullerton Jr., Steven L. Fullerton, Chia-Chun Chiang

Border Region Modeling Project

No abstract provided.


Nebraska Monthly Economic Indicators: May 22, 2024, Eric Thompson May 2024

Nebraska Monthly Economic Indicators: May 22, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska rose by 0.42% in April 2024. The increase in the leading indicator, which is designed to predict economic growth six months into the future, implies that the Nebraska economy will grow through the 4th quarter of 2024. There was an increase in manufacturing hours worked in April, as the state and national manufacturing industry continued to strengthen. There was also a drop in initial claims for unemployment insurance, indicating that the labor market remains strong. Lastly, business expectations remained strong in April. Respondents to the April Survey of Nebraska Business reported plans to increase sales and …


Borderplex Business Barometer, Volume 8, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton May 2024

Borderplex Business Barometer, Volume 8, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Nebraska Monthly Economic Indicators: April 24, 2024, Eric Thompson Apr 2024

Nebraska Monthly Economic Indicators: April 24, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska fell by 1.31% in March 2024. The increase in the leading indicator, which is designed to predict economic growth six months into the future, followed a very rapid 3.97% increase in February. Taken together, the February and March values continue to imply strong growth in the Nebraska economy in mid-2024. A decline in building permits for single-family homes contributed to the drop in the LEI-N during March. There also was a decline in manufacturing hours worked after a sharp February increase. On the positive side, business expectations remained strong in March. Respondents to the March Survey …


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


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


U.S. Government Agency Podcasts, Bert Chapman Apr 2024

U.S. Government Agency Podcasts, Bert Chapman

Libraries Faculty and Staff Presentations

Presents podcasts from U.S. Government agencies which can be discovered through the U.S. Government Publishing Office's Catalog of Government Publications. Agencies whose podcasts are presented include the National Institutes of Health, U.S. Peace Corps, U.S. Department of Agriculture, Government Accountability Office (GAO), National Park Service, Department of Justice, Federal Reserve System, and U.S. Naval War College.


Is Asia On The Precipice Of A Currency Crisis? Exploring Regional Risks And Implications On The Global Economy, Hannah Deng Apr 2024

Is Asia On The Precipice Of A Currency Crisis? Exploring Regional Risks And Implications On The Global Economy, Hannah Deng

Independent Study Project (ISP) Collection

This paper examines the economic stability of Asia in the face of a potential currency crisis through drawing upon the historical context provided by the 1997 East Asian Financial Crisis. It systematically explores the characteristics and precursors of currency crises, analyzes the Asia-Pacific region’s response to past financial upheavals, and evaluates current macroeconomic vulnerabilities as well as policy frameworks. By juxtaposing the changes in Asia’s financial landscape from the late 20th century to the present, the study identifies persistent structural weaknesses and the region’s ongoing exposure to volatile global financial markets. It also considers the possibility of emerging markets establishing …


“It’S A No Brainer”: Ensuring Just Transitions In Iceland’S Fishing Industry, Olivia Bowers Apr 2024

“It’S A No Brainer”: Ensuring Just Transitions In Iceland’S Fishing Industry, Olivia Bowers

Independent Study Project (ISP) Collection

Iceland’s government intends to achieve carbon neutrality by 2040, aiming to target various economic sectors and industries for increased renewable-energy usage. One of its most important plans revolves renewable-energy usage in the fishing industry, which accounts for almost 12% of the country’s GHG emissions. This study aims to understand the perspectives of different stakeholders concerning renewable energy in the fishing industry, using these opinions and existing literature to provide recommendations for a just, equitable, and achievable energy transition. Additionally, this study particularly focuses on the opinions of actors in Vestmannaeyjar, an island community of 4,300 with an especially vibrant, significant, …


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.


Borderplex Business Barometer, Volume 8, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Zifeng Feng Apr 2024

Borderplex Business Barometer, Volume 8, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Zifeng Feng

Border Region Modeling Project

No abstract provided.


Mexico Consensus Economic Forecast, Volume 27, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton Apr 2024

Mexico Consensus Economic Forecast, Volume 27, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


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 …


Nebraska Monthly Economic Indicators: March 27, 2024, Eric Thompson Mar 2024

Nebraska Monthly Economic Indicators: March 27, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska rose by a very rapid 3.48% in February 2024. The increase in the leading indicator, which is designed to predict economic growth six months into the future, implies that there will be strong growth in the Nebraska economy during the summer of 2024. Three components of the leading indicator improved significantly during February. There was a sharp increase in manufacturing hours worked, given the continued strong demand for food products. Business expectations also were strong. Respondents to the February Survey of Nebraska Business reported plans to increase sales and employment over the next six months. The …


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.


Nebraska Monthly Economic Indicators: March 1, 2024, Eric Thompson Mar 2024

Nebraska Monthly Economic Indicators: March 1, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska rose by 0.58% in January 2024. The increase in the leading indicator, which is designed to predict economic growth six months into the future, suggests that the Nebraska economy will grow through mid-2024. Two components of the leading indicator improved during January. To begin with, respondents to the January Survey of Nebraska Business reported plans to increase sales and employment over the next six months. Further, the Nebraska labor market improved. Initial claims for unemployment insurance fell during January, suggesting that employers see sufficient demand to support their current workforce.


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.


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.


Nebraska Monthly Economic Indicators: January 24, 2024, Eric Thompson Jan 2024

Nebraska Monthly Economic Indicators: January 24, 2024, Eric Thompson

Leading Economic Indicator Reports

The Leading Economic Indicator-Nebraska rose by 0.26% in May 2024. The increase in the leading indicator, designed to predict economic growth six months into the future, implies that the Nebraska economy will grow through the end of 2024. There was an increase in manufacturing hours worked in May, as Nebraska continues to benefit from strong demand for food products. Business expectations remained positive. Respondents to the May Survey of Nebraska Business reported plans to increase sales and employment over the next six months.