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Full-Text Articles in Social and Behavioral Sciences

Sports Arenas, Teams And Property Values: Temporary And Permanent Shocks To Local Amenity Flows, Yulia Chikish, Brad Humphreys, Adam Nowak Dec 2018

Sports Arenas, Teams And Property Values: Temporary And Permanent Shocks To Local Amenity Flows, Yulia Chikish, Brad Humphreys, Adam Nowak

Economics Faculty Working Papers Series

Professional sports facilities and teams generate local amenity flows in cities that may affect property values. Previous research shows evidence of important positive and negative local amenity flows based on case studies of changes in residential property values in specific cities. We analyze changes in residential property values in Oklahoma City over a period, 2000 to 2016, where both temporary and permanent exogenous shocks to local sports-related amenities occurred. Results from hedonic price models and repeat sales regression models show that nearby residential property prices increased after the opening of a new arena and the arrival of a new, permanent …


The Economic Impact Of The 2018 Spartan Race On The West Virginia Economy, Christiadi, John Deskins Oct 2018

The Economic Impact Of The 2018 Spartan Race On The West Virginia Economy, Christiadi, John Deskins

Bureau of Business & Economic Research

No abstract provided.


West Virginia Economic Outlook 2019-2023, Brian Lego, John Deskins, Eric Bowen, Christiadi, Michelle Atkinson Oct 2018

West Virginia Economic Outlook 2019-2023, Brian Lego, John Deskins, Eric Bowen, Christiadi, Michelle Atkinson

Bureau of Business & Economic Research

West Virginia’s economy enjoyed its strongest year of growth in nearly a decade during 2017, emerging from several years of severe economic weakness. Most of the bounce back in the state’s economy is connected to the energy sector, not only from the increased production of coal and natural gas but also as a result of a massive build-out of new natural gas pipeline infrastructure throughout the state. Growth has broadened to include more of the state’s regions over the past year or so, but the overall magnitude of gains in jobs and output have remained concentrated in just a few …


The Economic Impact Of Apple Growing And Processing On The West Virginia Economy, Christiadi, John Deskins Jul 2018

The Economic Impact Of Apple Growing And Processing On The West Virginia Economy, Christiadi, John Deskins

Bureau of Business & Economic Research

No abstract provided.


The Economic Impact Of Coal In West Virginia, Christiadi, John Deskins Jul 2018

The Economic Impact Of Coal In West Virginia, Christiadi, John Deskins

Bureau of Business & Economic Research

No abstract provided.


Coal Production In West Virginia, Brian Lego, John Deskins Jul 2018

Coal Production In West Virginia, Brian Lego, John Deskins

Bureau of Business & Economic Research

No abstract provided.


Unconventional Natural Gas Industry Value Chain And Representative Companies, Ednilson Bernardes Jul 2018

Unconventional Natural Gas Industry Value Chain And Representative Companies, Ednilson Bernardes

Bureau of Business & Economic Research

This report defines a framework for the unconventional natural gas value chain and identifies representative companies in each stage, as per definition of the value chain adopted for the study. The main focus of the report is on major companies in the up and midstream stages of the value chain. However, the report presents major companies in stages further downstream covered by the study. The reason for the focus on up and midstream stages is two‐fold. First, given the current level of development of the unconventional natural gas value chain in the state, those are the stages where most opportunities …


Implicit Regional Economic Goals And Objectives: A Study Of U.S. Development Programs, Peter V. Schaeffer, Randall Jackson, Eric Bowen Jun 2018

Implicit Regional Economic Goals And Objectives: A Study Of U.S. Development Programs, Peter V. Schaeffer, Randall Jackson, Eric Bowen

Regional Research Institute Working Papers

At the present time, U.S. regional economic development policies tend to be focused on sectors, infrastructure, human capital, innovation capability, or to be problem oriented, and only a few programs can be described as being place-based. In this paper, we are looking at major federal regional development programs to deduce their combined implicit place-based goals and objectives. Because the U.S. seems to be relatively unique among OECD countries in its scant use of place-based policies, we compare the United States to, in particular, Canada to gain further insights into the reasons for and potential effects of such policy differences.


Economic Impacts Of The Marcellus Shale Energy And Environment Laboratory (Mseel), Caleb Stair, Randall Jackson Jun 2018

Economic Impacts Of The Marcellus Shale Energy And Environment Laboratory (Mseel), Caleb Stair, Randall Jackson

Regional Research Institute Resource Documents

No abstract provided.


The Economic Impact Of The Fort Martin Power Station On Monongalia County And West Virginia, Eric Bowen, Christiadi Apr 2018

The Economic Impact Of The Fort Martin Power Station On Monongalia County And West Virginia, Eric Bowen, Christiadi

Bureau of Business & Economic Research

No abstract provided.


The Economic Impact Of The Harrison Power Station On Harrison County And West Virginia, Eric Bowen, Christiadi Apr 2018

The Economic Impact Of The Harrison Power Station On Harrison County And West Virginia, Eric Bowen, Christiadi

Bureau of Business & Economic Research

No abstract provided.


Economic Diversity And Regional Economic Performance: A Methodological Concern From Model Uncertainty, Jing Chen Mar 2018

Economic Diversity And Regional Economic Performance: A Methodological Concern From Model Uncertainty, Jing Chen

Regional Research Institute Working Papers

Although the role of spatial dependence has been considered in studying the relationship between economic diversity and regional economic performance, the existing literature seldom mentions model uncertainty, which mainly arises from at least two sources. One source of model uncertainty is the choice of an appropriate spatial weight matrix that describes the spatial interactions between two regions, which can be specified in a variety of ways. The second source of model uncertainty is choosing a set of control variables to model the diversityperformance relationship. To overcome these limitations, a Bayesian Model Averaging (BMA) method is used to address model uncertainty …


Ecio Model Operators Guide, Randall Jackson, Péter Járosi Mar 2018

Ecio Model Operators Guide, Randall Jackson, Péter Járosi

Regional Research Institute Resource Documents

The National Energy Technology Laboratory (NETL)/ West Virginia University (WVU) Econometric Input-Output (ECIO) model is a time-series enabled hybrid econometric input-output (IO) model that combines the capabilities of econometric modeling with the strengths of IO modeling. The model was developed and designed specifically for estimating the income and employment impacts of the development and deployment of new energy technologies over a given forecast period. The ECIO model consists of a macroeconomic econometric model of the United States (U.S.) national economy and an inter-industry model that reflects the interdependence of all the industries in the economy. These two components have three …


Environmental Costs Of European Union Membership: A Structural Decomposition Analysis, Inácio Araúgo, Randall Jackson, Amir Borges Ferreira Neto, Fernando Perobelli Mar 2018

Environmental Costs Of European Union Membership: A Structural Decomposition Analysis, Inácio Araúgo, Randall Jackson, Amir Borges Ferreira Neto, Fernando Perobelli

Regional Research Institute Working Papers

The interest in this paper lies in the environmental costs of the European Union (EU). EU membership requires a series of economic and political changes that should impact the country’s production and consumption structures and its trade relationships. These, in turn, will affect CO2 emissions sources and levels. This is especially true for the former Soviet Union countries that recently joined the EU, given the difference in their levels of development and production structure. Using a structural decomposition analysis we are able to quantify the main drivers of changes in emissions differentiating six components, namely: emissions intensity, industrial structure and …


Interpreting Economic Diversity As The Presence Of Multiple Specializations, Jing Chen Feb 2018

Interpreting Economic Diversity As The Presence Of Multiple Specializations, Jing Chen

Regional Research Institute Working Papers

Conventional wisdom indicates that economic specialization can promote economic growth, whereas economic stability is theoretically associated with diversified economies. This conflicting relationship between specialization and diversity has been questioned, as regional scientists have suggested that specialization and diversity can coexist in a regional economy and proposed the concept of diversified specializations. To test this proposition empirically, three Herfindahl Hirschman Indices measuring regional economic diversity were used to examine the relationship between economic structure and regional economic performance among 359 metropolitan statistical areas (MSA) in the contiguous U.S. The first index measures economic diversity across 87 three-digit North American Industry Classification …


The Impact Of Naloxone Access Laws On Opioid Overdose Deaths In The U.S., Elham Erfanian, Alan R. Collins, Daniel Grossman Jan 2018

The Impact Of Naloxone Access Laws On Opioid Overdose Deaths In The U.S., Elham Erfanian, Alan R. Collins, Daniel Grossman

Regional Research Institute Working Papers

Opioid overdose is the leading cause of unintentional death in the U.S. Narcan TM (Naloxone) is a prescription medicine that can reverse overdose effects. This research investigates the effect of Naloxone access laws on overdose death rates using state and temporal variation in the enactment of these laws. We also explore possible spillover effects between Naloxone access laws and overdose death rates across states. Our analyses reveal that when broken down by access law provisions, there exists a mixture of positive and negative effects on overdose death rates depending upon the provision. The results indicate that Naloxone access provisions have …


Costs And Benefits Of Building Faster Payment Systems: The Uk Experience, Claire Greene, Marc Rysman, Scott Schuh, Oz Shy Jan 2018

Costs And Benefits Of Building Faster Payment Systems: The Uk Experience, Claire Greene, Marc Rysman, Scott Schuh, Oz Shy

Economics Faculty Working Papers Series

: A number of countries have implemented faster payment services that allow consumers and businesses to rapidly transfer money between bank accounts. These services compete with slower, existing payment services. In 2008, the United Kingdom implemented its Faster Payments Service (FPS) at a cost of less than ₤200 million (.014 percent of U.K. GDP, or $307 million) spread over seven years, plus investment costs borne by each participating bank to connect to the FPS. This paper examines the economic cost-benefit analysis underlying the U.K. FPS investment decision and describes the subsequent diffusion and use of FPS through 2014.


The Economic Impact Of Medicaid On West Virginia's Economy, Christiadi, John Deskins Jan 2018

The Economic Impact Of Medicaid On West Virginia's Economy, Christiadi, John Deskins

Bureau of Business & Economic Research

No abstract provided.


Overview Of Smart Manufacturing In West Virginia, Thorsten Wuest, Patrick Schmid, Brian Lego, Eric Bowen Jan 2018

Overview Of Smart Manufacturing In West Virginia, Thorsten Wuest, Patrick Schmid, Brian Lego, Eric Bowen

Bureau of Business & Economic Research

The manufacturing sector is currently reinventing itself by embracing the opportunities offered by the industrial internet, automation, and machine learning, just to name a few. This development is commonly referred to as the Fourth Industrial Revolution or Smart Manufacturing. While Smart Manufacturing can be observed around the globe, there are distinct differences in how it is adopted and embraced between countries, industries, and companies of different sizes. Small- and medium-sized manufacturers are generally understood as the backbone of the manufacturing sector. However, these manufacturers face specific challenges when it comes to the transition toward Smart Manufacturing. This report presents the …


The Economic Impact Of Natural Gas Capital Expenditures In West Virginia, Eric Bowen Jan 2018

The Economic Impact Of Natural Gas Capital Expenditures In West Virginia, Eric Bowen

Bureau of Business & Economic Research

No abstract provided.


Data File 1, West Virginia University, University Of Tennessee, Knoxville Jan 2018

Data File 1, West Virginia University, University Of Tennessee, Knoxville

Appalachian Coal Industry Ecosystem

This file provides information on the counties identified as Vulnerable, Hardship, or Depressed in the report County-level CIE Supply Chain Analysis, and the locations of power plant closures in the Appalachian Region between 2011 and 2015, as discussed in the report The Economic Impacts and Risks Associated with Electric Power Generation in Appalachia.


Data File 2, West Virginia University, University Of Tennessee, Knoxville Jan 2018

Data File 2, West Virginia University, University Of Tennessee, Knoxville

Appalachian Coal Industry Ecosystem

This file contains information on whether a county is above or below the Appalachian median for the following measures: Dependence, Impact, and Risk. More detailed information is found in the report County-level CIE Supply Chain Analysis.


An Economic Analysis Of The Appalachian Coal Industry Ecosystem: Summary Report, Randall W. Jackson, Eric Bowen, Christiadi, John Deskins, Brian Lego, Péter Járosi, Mark L. Burton, Rebecca J. Davis, Charles Simms, Matthew Murray, Péter Schaeffer Jan 2018

An Economic Analysis Of The Appalachian Coal Industry Ecosystem: Summary Report, Randall W. Jackson, Eric Bowen, Christiadi, John Deskins, Brian Lego, Péter Járosi, Mark L. Burton, Rebecca J. Davis, Charles Simms, Matthew Murray, Péter Schaeffer

Appalachian Coal Industry Ecosystem

The decline in the demand for coal has led to significant negative impacts in areas throughout Appalachia. Consider the integrated effects across components of the coal industry ecosystem (CIE). As extraction activity is diminished, there are ripples through the industry supply chain that extends to a wide number of sectors, occupations, and county and multi-county regions of the Appalachian economy. As these suppliers are impacted, jobs are imperiled, and the fiscal health of communities i s weakened. Displaced workers will need to seek alternative employment opportunities that may entail investments in formal education and training, and this takes both time …


An Overview Of The Coal Economy In Appalachia, Eric Bowen, Christiadi, John Deskins, Brian Lego Jan 2018

An Overview Of The Coal Economy In Appalachia, Eric Bowen, Christiadi, John Deskins, Brian Lego

Appalachian Coal Industry Ecosystem

This report notes that coal production in the Appalachian Region fell nearly 45 percent between 2005 and 2015, more than double the rate of the national decline during the same period. It outlines how regional coal production losses intersect with regional data on employment and unemployment, population and labor force, income and poverty, and education and health in Appalachia’s subregions.


Transportation Implications Of Coal, Mark L. Burton, David B. Clarke Jan 2018

Transportation Implications Of Coal, Mark L. Burton, David B. Clarke

Appalachian Coal Industry Ecosystem

This report describes the direct economic relationship between the coal and railroad industries in Appalachia. It finds that between 2015 and 2016, changing electric generation strategies—including accelerated coal-powered plant retirements—combined with a downturn in coal demand contributed to losses of nearly 2,000 full-time jobs and $150 million in income across Appalachia’s railroad sector.


County-Level Cie Supply Chain Analysis, Randall Jackson, Peter Jarosi Jan 2018

County-Level Cie Supply Chain Analysis, Randall Jackson, Peter Jarosi

Appalachian Coal Industry Ecosystem

This report examines the impact of the decline in coal production on supply chain industries at the county level across Appalachia. It offers, and uses, a typology to classify counties based on their dependence on the CIE, recent employment changes due to reduced coal production, and their risk for further impacts due to any future declines in the coal industry.


The Economic Impacts And Risks Associated With Electric Power Generation In Appalachia, Eric Bowen, Christiadi, Rebecca J. Davis, John Deskins, Charles Sims Jan 2018

The Economic Impacts And Risks Associated With Electric Power Generation In Appalachia, Eric Bowen, Christiadi, Rebecca J. Davis, John Deskins, Charles Sims

Appalachian Coal Industry Ecosystem

This report provides a detailed examination of the economic impacts of changes in electric power generation in Appalachia between 2005 and 2015. It finds that while coal represented around 74 percent of total electric generation in Appalachia in 2005, that percentage dropped to 53 percent in 2015. However, despite this decline, Appalachia remains more dependent on coal for electricity generation when compared with the rest of the country. This report also offers a risk factor analysis for coal-fired generation retirements and repowerings, and notes that coal prices have little influence on coal-fired power plant retirement decisions.


Human Capital And The Cie, Matthew Murray, Péter Schaeffer Jan 2018

Human Capital And The Cie, Matthew Murray, Péter Schaeffer

Appalachian Coal Industry Ecosystem

This report explores two economic issues in Appalachia: future employment prospects for coal workers and changes in funding for K–12 education. The first part of the report identifies occupations that may be affected by losses in the coal industry ecosystem and offers state-by-state analyses comparing these impacted occupations to similar occupations in other industries. These analyses suggest other industries where former coal industry workers might find alternative employment opportunities. The second part of the report discusses how the changing coal economy may be impacting public funding for K–12 education at the state and local levels. It finds declines in both …


Confucius Institute's Effects On China's Higher Education Exports: A Perspective From Cultural Difference And Institutional Quality, Donald Lien, Feng Yao, Fan Zhang Jan 2018

Confucius Institute's Effects On China's Higher Education Exports: A Perspective From Cultural Difference And Institutional Quality, Donald Lien, Feng Yao, Fan Zhang

Economics Faculty Working Papers Series

This article uses a panel data of international student flows to China from 2000–2014 to investigate Confucius Institute (CI)’s effects on China’s educational service exports. We find that CI, as a comprehensive platform for promoting Chinese language and cultural exchange, has a significant positive effect on China’s education exports. The effects of CI on China’s education exports are transmitted through promoting Chinese language, bridging cultural gaps, and reducing psychic distance. We further find that the effects of CI on China’s education exports are heterogeneous, depending on the level of cultural difference and institutional quality in the host country. The effects …


Rent-Seeking In The Classroom And Textbooks: Where Are We After 50 Years, Joshua C. Hall, Josh Matti, Yang Zhou Jan 2018

Rent-Seeking In The Classroom And Textbooks: Where Are We After 50 Years, Joshua C. Hall, Josh Matti, Yang Zhou

Economics Faculty Working Papers Series

No abstract provided.