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Economic impact

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Full-Text Articles in Social and Behavioral Sciences

Some Regional Economic Perspectives On Covid-19 Impacts, Paul A. Coomes Nov 2020

Some Regional Economic Perspectives On Covid-19 Impacts, Paul A. Coomes

Institute for the Study of Free Enterprise Working Papers

It has been about eight months since the Covid-19 pandemic began sweeping across America, causing the well-known health care emergency, and major economic and fiscal distortions. Presumably, we are in the last stages of the damage, as activity has picked up in most realms of daily life. However, recovery problems linger in many areas, including air travel, cruises, hotels, conventions, concerts, and schools. While not over, enough information has emerged to start documenting the regional economic impacts around Kentucky. This note examines the latest public data to study the apparent economic and fiscal damage related to Covid responses, public and …


Fiscal Impacts: A Literature Review, Jim Robey, Kathleen Bolter Sep 2020

Fiscal Impacts: A Literature Review, Jim Robey, Kathleen Bolter

Reports

No abstract provided.


Estimating The Economic Impacts Of Gull Lake View Golf Club And Resort, Jim Robey, Stephen Biddle, Claudette Robey, Marie Holler, Brian Pittelko, Kathleen Bolter Jul 2020

Estimating The Economic Impacts Of Gull Lake View Golf Club And Resort, Jim Robey, Stephen Biddle, Claudette Robey, Marie Holler, Brian Pittelko, Kathleen Bolter

Reports

Gull Lake View Golf Club and Resort, located in Augusta, Michigan, operates several golf courses in the greater Kalamazoo region. A significant portion of its clients is not only from outside the region, but also outside the state of Michigan. Along with golf operations, Gull Lake View offers lodging, spa services, eating and drinking establishments, and meetings, weddings, and other events. The Resort wanted to better understand from where outside the region its patrons come and the economic impact resulting from the activities generated by these patrons.


The Economic Impact Of The Manufacturing Extension Partnership (Mep), 2018, Jim Robey, Kathleen Bolter Jul 2020

The Economic Impact Of The Manufacturing Extension Partnership (Mep), 2018, Jim Robey, Kathleen Bolter

Reports

Analyses of the overall effect of individual state Manufacturing Extension Partnership (MEP) projects on corresponding states' economies for the year 2018.


Socioeconomic Indicators And Economic Impact Analysis Of Firekeepers Casino And Hotel, Jim Robey Jul 2020

Socioeconomic Indicators And Economic Impact Analysis Of Firekeepers Casino And Hotel, Jim Robey

Reports

No abstract provided.


2019 Economic Contribution Of Nonresident Travel Spending In Montana Travel Regions And Counties, Kara Grau Jul 2020

2019 Economic Contribution Of Nonresident Travel Spending In Montana Travel Regions And Counties, Kara Grau

Institute for Tourism and Recreation Research Publications

Prior to the effects of the COVID-19 pandemic, nonresident travelers would spend over $3 billion in Montana each year. This report looks at how the money spent is distributed across the six Montana travel regions, as well as 16 of the 56 counties in the state which receive the highest spending, and is based on an average of 2018 and 2019 traveler spending data.


Impacts Of Covid-19 On Nepalese Economy, Satis Devkota Jun 2020

Impacts Of Covid-19 On Nepalese Economy, Satis Devkota

Economics & Management Publications

Even though Nepal reported the first confirmed case of COVID-19 in late January 2020, Nepal was one of the least affected countries in South Asia until the end of April 2020. Lockdown and social distancing were implemented from the very beginning and people also contributed voluntarily with certain exceptions to that government’s efforts. That has a positive effect on flattening the curves of COVID-19 affected people and the related death rates in Nepal. However, the macroeconomic consequences of the pandemic are pretty high for a remittance based small economy. This hardship is further escalated when the excessive inflow of the …


The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2019, Jim Robey, Kathleen Bolter, Randall W. Eberts, Natalie Patten, Nick Perttunen May 2020

The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2019, Jim Robey, Kathleen Bolter, Randall W. Eberts, Natalie Patten, Nick Perttunen

Reports

No abstract provided.


Hosting The Fifa World Cup: An Economic Analysis Of How The World Cup Has Impacted The Economy Of A Developed And A Developing Nation, Juan Borga Apr 2020

Hosting The Fifa World Cup: An Economic Analysis Of How The World Cup Has Impacted The Economy Of A Developed And A Developing Nation, Juan Borga

Undergraduate Theses and Capstone Projects

This thesis is a microeconomic study of the economic impact hosting the FIFA World Cup can have on both a developed and developing nation. I will examine the economies of Germany and Brazil, three years prior and three years after hosting the tournament in 2006 and 2014 respectively. The pressures imposed by the Fédération Internationale de Football Association (FIFA) require significant monetary investments for the World Cup to be considered successful, but have countries been allocating their resources effectively? The purpose of this thesis is to determine the extent to which it is economically advantageous for a nation to host …


Economic Impact Of Downstream Gas Development In West Virginia, Eric Bowen Feb 2020

Economic Impact Of Downstream Gas Development In West Virginia, Eric Bowen

Bureau of Business & Economic Research

Downstream gas development has the potential to provide significant economic value if West Virginia can capture this development within its borders. In this report, we explore the potential impact of downstream natural gas industries on the West Virginia economy. To estimate the economic impact of downstream natural gas development, we take a two-pronged approach. First, we identify those industries nationally that require large amounts of natural gas in their production process. We then choose three of these industries that have the greatest potential for development within West Virginia. Second, we estimate the economic impact of a typical establishment in each …


Estimating The Impacts Of Business Assistance Programs: The Case Of The Manufacturing Extension Partnership And Multi-Year Estimates, Jim Robey, Randall W. Eberts, Kenneth Voytek Jan 2020

Estimating The Impacts Of Business Assistance Programs: The Case Of The Manufacturing Extension Partnership And Multi-Year Estimates, Jim Robey, Randall W. Eberts, Kenneth Voytek

Presentations

No abstract provided.


A Longitudinal Analysis Of Music Tourism Impacts, Kate Price-Howard, John C. Crossley, Andrew Holdnak Dr. Jan 2020

A Longitudinal Analysis Of Music Tourism Impacts, Kate Price-Howard, John C. Crossley, Andrew Holdnak Dr.

Journal of Tourism Insights

Music tourism has boomed in recent decades and has been part of the rise in cultural tourism. In recent years, several communities have implemented a concert series to help promote tourism during the shoulder season, or slower months during the off-season. In this study, a longitudinal examination of several concerts of various sizes and genres spanning about three years looks at the economic impacts for the tourist destination of Panama City Beach, FL. This paper will conduct an analysis comparing the tourism development tax, hotel/motel data provided by the industry leading data resource, Smith Travel Research (STR), in order to …


The Impact Of The New York City Marathon On Hotel Demand, Joshua Martin, Joshua Hall Jan 2020

The Impact Of The New York City Marathon On Hotel Demand, Joshua Martin, Joshua Hall

Faculty & Staff Scholarship

Daily hotel data are employed, along with information on prices, revenue, demand and hotel occupancy, to analyze part of the local economic impact of the annual New York City (NYC) Marathon. As the largest competitive race in the world, the marathon attracts domestic and international competitors and spectators. The cancellation of the 2012 marathon due to Hurricane Sandy was estimated to lead to an increase of 4000 hotel nights as well as a 10% increase in the average daily room rate. Taken together, this is associated with a USD 3 million increase in hotel revenue. The results suggest a significantly …


The Effect Of Smoking On Kentucky’S Workforce, Michael W. Clark, Jenny A. Minier, Charles J. Courtemanche, Bethany L. Paris, Michael T. Childress Sep 2019

The Effect Of Smoking On Kentucky’S Workforce, Michael W. Clark, Jenny A. Minier, Charles J. Courtemanche, Bethany L. Paris, Michael T. Childress

CBER Research Report

Excerpt from the Executive Summary:

Smoking has been estimated to increase health care costs in the United States by $167.5 billion annually (Xu et al. 2015). In Kentucky, smoking adds $2.5 billion in health care expenditures each year. Most of these costs were paid by public programs such as Medicaid and Medicare. While these costs are significant, they represent only a portion of the costs that smoking imposes on society. Smoking also leads to poorer labor market outcomes. Smokers are more likely to be unemployed, earn lower wages, and die prematurely than non-smokers. These negative labor market effects reduce economic …


Economic Impact Of The Summit Bechtel Family National Scout Reserve On West Virginia, Christiadi, John Deskins Jul 2019

Economic Impact Of The Summit Bechtel Family National Scout Reserve On West Virginia, Christiadi, John Deskins

Bureau of Business & Economic Research

No abstract provided.


The Economic Impact Of Diabetes In Kentucky, Michael W. Clark, Jenny A. Minier, Charles J. Courtemanche, Bethany L. Paris, Michael T. Childress Jun 2019

The Economic Impact Of Diabetes In Kentucky, Michael W. Clark, Jenny A. Minier, Charles J. Courtemanche, Bethany L. Paris, Michael T. Childress

CBER Research Report

Excerpt from the Executive Summary:

The Kentucky Department of Public Health is responsible for improving the health and safety of Kentucky’s residents by preventing disease and injuries and encouraging healthy lifestyles. The department administers nearly 150 programs that address critical health issues affecting Kentuckians. These programs screen newborns for health problems, prevent the spread of infectious diseases, promote oral health, and provide numerous other services.

Diabetes represents a growing health concern for the nation and Kentucky. It is a chronic condition that causes blood sugar levels to rise and contributes to other serious health conditions such as heart and kidney …


The Nasa Glenn Research Center: An Economic Impact Study Fiscal Year 2018, Iryna Lendel, Jinhee Yun Jun 2019

The Nasa Glenn Research Center: An Economic Impact Study Fiscal Year 2018, Iryna Lendel, Jinhee Yun

All Maxine Goodman Levin School of Urban Affairs Publications

Economic impact estimates the benefits within the regional economy generated by an economic activity of an entity for an affected region. This study uses an input-output (I-O) model to estimate the effect of NASA Glenn Research Center’s spending on the economies of Northeast Ohio (NEO) and Ohio. This model measures economic impact in terms of growth in output (sales), value added (output less intermediary goods), number of new and supported jobs, labor income, and tax revenues.

This year’s study uses the same methodology to measure NASA Glenn’s impact on the economies of Northeast Ohio and Ohio as was used for …


What's The Deal With Childcare: Childcare As A Women's Issue - And Why It Should Matter To Everyone, Jenny Janssen May 2019

What's The Deal With Childcare: Childcare As A Women's Issue - And Why It Should Matter To Everyone, Jenny Janssen

Sociology Student Work Collection

A Visual presentation of a feminist perspective on access to affordable childcare, including how it affects various spheres of women's lives, and how it affects society at large. This zine briefly examines the historical context of Federally funded daycare during WWII, current effective childcare systems in place in other developed nations, and the many consequences which the lack of affordable childcare has on women and the entire economy in the USA today.


The Economic Impact Of The 2018 Conference Usa Baseball Tournament On The Mississippi Gulf Coast, Jonathan Brent May 2019

The Economic Impact Of The 2018 Conference Usa Baseball Tournament On The Mississippi Gulf Coast, Jonathan Brent

Honors Theses

This study aims to measure the economic impact of the 2018 Conference USA Baseball Tournament on the Mississippi Gulf Coast compared to holding the college sporting event at the University of Southern Mississippi in Hattiesburg, Mississippi. Visitor spending and demographic data was collected through random intercept surveys outside MGM Park in Biloxi, Mississippi. The Economic Modeling LLC (EMSI) Input-Output model was used to determine the economic and fiscal impact of visitor spending during the sporting event. The impact to the six-county coastal region and the state of Mississippi as a whole was analyzed. The EMSI model projected an increase of …


Beyond The Site: An Analysis Of The Perceived Economic Impact To The Spotsylvania Community, Kate Wickersham Apr 2019

Beyond The Site: An Analysis Of The Perceived Economic Impact To The Spotsylvania Community, Kate Wickersham

Environmental Studies Senior Seminar Projects

New solar farm development can bring support and opposition as evident by the planned sPower solar farm in Spotsylvania county, Virginia. Of significant concern for such development is the economic impacts to the local and county level including real estate values, tax revenue and general project feasibility. In an analysis of the economic impacts, primary and secondary research included outlining the arguments presented by the two opposing sides; the Concerned Citizens of Spotsylvania County and sPower. Research further included an analysis of the projected change in real estate values the nearby Fawn Lake residential development. The real estate analysis concluded …


Lordstown Gm Plant Closure Economic Impact Study, Iryna Lendel, Merissa Piazza, Matthew Ellerbrock Mar 2019

Lordstown Gm Plant Closure Economic Impact Study, Iryna Lendel, Merissa Piazza, Matthew Ellerbrock

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.


Economic Evaluation Of Concussion Programs In The State Of Idaho: The Collective Potential Of Prevention And Clinical Care, Susie Bergeron, Hilary Flint, Zeynep Hansen Feb 2019

Economic Evaluation Of Concussion Programs In The State Of Idaho: The Collective Potential Of Prevention And Clinical Care, Susie Bergeron, Hilary Flint, Zeynep Hansen

Economics Faculty Publications and Presentations

Concussion, or mild traumatic brain injury especially among young children, teenagers, and young adults, is a significant problem in Ada County, Idaho, and the United States. Although much has been learned about concussion, considerable controversy and gaps in knowledge still exist in many areas of research, leading to variation in concussion assessment, treatment and management protocols. Health systems can positively impact concussion outcomes through community education and outreach, and provision of timely, coordinated, evidence-based clinical care. Collectively, these measures serve to reduce concussion incidence (primary prevention), enable more timely recognition of concussion by parents, coaches, and teachers of youth athletes …


Mass Atrocities And Their Prevention, Charles H. Anderton, Jurgen Brauer Jan 2019

Mass Atrocities And Their Prevention, Charles H. Anderton, Jurgen Brauer

Economics Department Working Papers

Counting conservatively, and ignoring physical injuries and mental trauma, data show about 100 million mass atrocity-related deaths since 1900. Occurring in war and in peacetime, and of enormous scale, severity, and brutality, they are geographically widespread, occur with surprising frequency, and can be long-lasting in their adverse effects on economic and human development, wellbeing, and wealth. As such, they are a major economic concern. This article synthesizes very diverse and widely dispersed theoretical and empirical literatures, addressing two gaps: a “mass atrocities gap” in the economics literature and an “economics gap” in mass atrocities scholarship. Our goals are, first, for …


The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2018, Jim Robey, Randall W. Eberts, Brian Pittelko, Claudette Robey Jan 2019

The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep): Estimates For Fiscal Year 2018, Jim Robey, Randall W. Eberts, Brian Pittelko, Claudette Robey

Reports

No abstract provided.


Economic Impact Of Cruise Tourism In Atlantic Canada: Is Cruise Passenger Spending Exaggerated?, Brian Van Blarcom, Burc Kayahan Mr, Klein Ross Dr Sep 2018

Economic Impact Of Cruise Tourism In Atlantic Canada: Is Cruise Passenger Spending Exaggerated?, Brian Van Blarcom, Burc Kayahan Mr, Klein Ross Dr

TTRA Canada 2018 Conference

ECONOMIC IMPACT OF CRUISE TOURISM IN ATLANTIC CANADA

IS CRUISE PASSENGER SPENDING EXAGGERATED?

Introduction

Cruise tourism is of increasing importance in Atlantic Canada. Average annual growth during the 1990-2015 period in Halifax was 9.24% (Transport Canada, 2016). Total cruise ship visitors to Halifax has grown tenfold over the last two decades, from approximately 24,000 in 1990 to 238,217 in 2015 (Transport Canada, 2016). The number of cruise ship visitors to Newfoundland & Labrador increased from 10,000 in 2000 to 50,000 in 2015. The growth of cruise tourism in the last decades is accompanied by the expected growth of benefits for …


Ninety Days Post-Paspa: The Near-Term Financial Economic Impacts On Gaming And Casino Stocks, Steven S. Vickner Ph.D. Aug 2018

Ninety Days Post-Paspa: The Near-Term Financial Economic Impacts On Gaming And Casino Stocks, Steven S. Vickner Ph.D.

Faculty Scholarship

The U.S. Supreme Court ruled the 1992 Professional and Amateur Sports Protection Act (PASPA) unconstitutional on Monday, May 14, 2018 in a 6-3 decision. In general under PASPA individuals could only bet on sporting events in the state of Nevada though wagering on horse races was permitted at the state level. Post-PASPA, betting on individual sporting events could become a substitute for wagering on horse races, or it could become a complement to it if general gamblers pursue horse racing. Over time the availability of racetrack-level and related sports betting data will enable researchers to quantify these effects on the …


Economic Impact Of The La Villa Hispana And El Mercado Projects, Ira Demko, Iryna Lendel, Candi Clouse, Heather Smith Aug 2018

Economic Impact Of The La Villa Hispana And El Mercado Projects, Ira Demko, Iryna Lendel, Candi Clouse, Heather Smith

All Maxine Goodman Levin School of Urban Affairs Publications

This report analyzes the potential economic impact of La Villa Hispana’s construction and operation proposed in the Clark‐Fulton neighborhood of Cleveland, the home to the densest population of Hispanic residents in the State of Ohio. We separately estimate the economic impact of El Mercado, one of the foundational projects of the La Villa Hispana development. The economic impacts are assessed on the City of Cleveland, Cuyahoga County, and the State of Ohio.


Projected Economic And Financial Benefits Of The 2017 Summer Universiade Games, Steve Chen, Teame Ghirmay, Yi-Hua Lee, Chie-Der Dongfang, Tsung-Chih Chiu Jun 2018

Projected Economic And Financial Benefits Of The 2017 Summer Universiade Games, Steve Chen, Teame Ghirmay, Yi-Hua Lee, Chie-Der Dongfang, Tsung-Chih Chiu

Journal of International & Interdisciplinary Business Research

In Western society, sport economic impact studies are often utilized to showcase the financial benefits for hosting mega sport event or to justify the spending for entering bids or covering infrastructure construction costs. This study projected economic impact of the 2017 Summer Universiade by examining the Taiwanese (the hosting country) residents’ willingness to attendance and estimated individual spending (consumption) while attending the games. Through a series of convenience sampling surveys from February to April, 2017, 1,021 respondents (53.5% males and 45.3% females) reported their potential personal spending, willingness to attend the events, and preferred ticket price range. The results indicated …


Feasibility Analysis: Borderlight International Theatre Festival, Merissa Piazza, Molly Schnoke, Nick F. Zingale, Iryna Lendel Apr 2018

Feasibility Analysis: Borderlight International Theatre Festival, Merissa Piazza, Molly Schnoke, Nick F. Zingale, Iryna Lendel

All Maxine Goodman Levin School of Urban Affairs Publications

BorderLight International Theater Festival is a 501(c)(3) nonprofit established to launch a summer festival of contemporary international theater in Cleveland beginning in July 2019. Co-directors Dale Heinen and Jeffrey Pence have spearheaded BorderLight’s inception and programming. BorderLight is conceptualized in its debut form as a four-day international theater festival located in Cleveland, Ohio.1 It will include curated performances by international, national, and local artists—as well as an independent fringe festival—and will focus on engagement with underserved audiences and communities.2 This makes BorderLight a bifurcated theater festival, which is a combination of a curated and uncurated festival whereby some content is …


2016 Economic Impact Of Companies Funded And/Or Assisted By The Northeast Ohio Entrepreneurial Service Provider Program, Candi Clouse May 2017

2016 Economic Impact Of Companies Funded And/Or Assisted By The Northeast Ohio Entrepreneurial Service Provider Program, Candi Clouse

All Maxine Goodman Levin School of Urban Affairs Publications

This report measures the economic impact of early-stage companies that were supported in the past by JumpStart Inc. and its partners in the Northeast Ohio Entrepreneurial Service Provider Program (ESP) in 2016. The ESP is a collaborative entrepreneurial support network funded in part by Ohio Third Frontier that includes accelerators, incubators, angel funds, and other organizations dedicated to commercializing technologies and fostering promising entrepreneurial ventures in Northeast Ohio. The companies included in this report have received significant technical assistance and/or direct investment funding from entrepreneurial support organizations in the ESP.