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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Analysis Of The Economic Impact Of Constructing A Nba Arena On The Host City, Grant Gilchrist
Analysis Of The Economic Impact Of Constructing A Nba Arena On The Host City, Grant Gilchrist
CMC Senior Theses
Using economic data collected from 24 different Metropolitan Statistical Areas in the US, this thesis investigates the impact of constructing a new National Basketball Association (NBA) arena on the host city’s economy. When a simplistic model is implemented, which does not control for other economic factors or individual subject heterogeneity, significantly positive economic impacts of arena construction are observed. However, when a more appropriate model specification is implemented that controls for economic activity and individual heterogeneity, these effects are no longer statistically significant. This comparative analysis ultimately highlights the importance of appropriate model specification and supports the conclusion that new …
Cost Scale-Up Factors For Airport Construction, Donald S. Remer, Christopher Wong '96
Cost Scale-Up Factors For Airport Construction, Donald S. Remer, Christopher Wong '96
All HMC Faculty Publications and Research
Engineers must often make a quick "ballpark" cost estimate of a new plant, facility, or piece of equipment before the detailed design phase. One easy way to obtain such an estimate is to base the cost on a known cost for a similar plant, facility, or piece of equipment by using the ratio of the capacities or sizes of the known and proposed item raised to an exponent R. This predesign cost-estimating approach is especially useful for doing sensitivity analyses and feasibility studies for which a high degree of accuracy is not required. This cost-capacity or power-factor model was …
New Perspectives On The Materials Interface With The Three E'S -- Energy, Environment And Economics, Donald S. Remer
New Perspectives On The Materials Interface With The Three E'S -- Energy, Environment And Economics, Donald S. Remer
All HMC Faculty Publications and Research
New perspectives are presented on the material interface with the three E's -- Energy, Environment, and Economics. The past, present, and future energy picture is described from 1850 through the year 2030. The major energy sources such as oil, natural gas, coal, nuclear, and several new emerging energy options are compared and contrasted. The lead time, capital, and materials required for bringing on-stream new energy sources is described. Previous U.S. energy forecasts are reviewed and are found to be too optimistic. The U.S. materials situation is outlined with an emphasis on per capita materials use and the critical role that …