Economics Commons^™

Expenditure Profiles And Marketing Responsiveness Of Nonresident Visitor Groups To Montana, Kim Mcmahon, Kristin Aldred Cheek

Institute for Tourism and Recreation Research Publications

Provides expenditure characteristics of nonresident visitors in Montana during the summer, winter, and shoulder seasons. Examines total expenditures by groups as well as distribution of expenditures by sector of spending. Travel groups are characterized by season of visit, primary reason for trip to Montana, area of travel groups residence, and primary recreation attraction to Montana. Also explores the issue of marketing responsiveness and provides a discussion on which groups are most likely to respond to promotional marketing and why.

Expenditure Profiles And Marketing Responsiveness Of Nonresident Visitor Groups To Montana, Kim Mcmahon, Kristin Aldred Cheek

Institute for Tourism and Recreation Research Publications

Provides expenditure characteristics of nonresident visitors in Montana during the summer, winter, and shoulder seasons. Examines total expenditures by groups as well as distribution of expenditures by sector of spending. Travel groups are characterized by season of visit, primary reason for trip to Montana, area of travel groups residence, and primary recreation attraction to Montana. Also explores the issue of marketing responsiveness and provides a discussion on which groups are most likely to respond to promotional marketing and why.

Creating A Comprehensive Policy Toward China, Murray L. Weidenbaum

Murray Weidenbaum Publications

Murray Weidenbaum discusses the importance of establishing a relationship with China.

Elderly Migration And State Fiscal Policy: Evidence From The 1990 Census Migration Flows+, Karen S. Conway, Andrew J. Houtenville

Center for Policy Research

The elderly’s unique economic situation makes some government expenditures more attractive and some forms of taxation less burdensome than others. This research investigates whether elderly migration is affected by state fiscal policies and discusses the possible consequences, both of which likely differ between younger and older elderly. Using state-to-state migration flows, we identify which states are gaining and losing younger versus older elderly people. We then estimate the migration flows as a function of the states’ amenities, cost of living, composition of government spending and alternative specifications of the tax system. We find that elderly migration is influenced by state …

Winter Nonresident Travelers To Montana: Profiles And Characteristics, Kim Mcmahon, Kristin Aldred Cheek, Rita Black

Institute for Tourism and Recreation Research Publications

Provides characteristics of winter travel groups to Montana during winter 1997-98 in terms of purposes of trip, attractions to the state, activity participation, expenditures, information sources, and other valuable information. The last section of the report contains winter travel marketing suggestions for the state.

A New Approach To Regulatory Reform, Murray L. Weidenbaum

Murray Weidenbaum Publications

Even though there is a legitimate need for government regulation, it is still a blunt and imperfect tool, often imposing costs that greatly outweigh the benefits. This study presents the need for regulatory reform and suggests a few ways to do so.

Industrial Resources: Ohio County, Kentucky Library Research Collections

Ohio County

"Resources for Economic Development: Ohio County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation in cooperation with the Ohio County Industrial Foundation, Inc., July 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Grayson County - Leitchfield, Kentucky Library Research Collections

Grayson County

"Resources for Economic Development: Grayson County, Kentucky” prepared by the Kentucky Cabinet for Economic Development, Division of Research, and the Leitchfield – Grayson County Local Development Corporation, 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Calloway County - Murray, Kentucky Library Research Collections

Calloway County

"Resources for Economic Development: Murray (Calloway County), Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research, and the Murray - Calloway County Chamber of Commerce, 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Hopkins County - Madisonville, Earlington And Hanson, Kentucky Library Research Collections

Hopkins County

"Resources for Economic Development: Madisonville, Earlington and Hanson, Kentucky" prepared by the Kentucky Cabinet for Economic Development Division of Research in cooperation with Madisonville-Hopkins County Economic Development Corporation and Madisonville-Hopkins County Chamber of Commerce, July 1998.The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, education and health facilitates, housing, communications, recreation, natural resources, markets and climate.

Industrial Resources: Graves County - Mayfield, Kentucky Library Research Collections

Graves County

"Resources for Economic Development: Mayfield, Kentucky” prepared by the Kentucky Cabinet for Economic Development, Division of Research, and the Mayfield – Graves County Local Development Corporation, 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Regional Economic Integration: From Independence To Interdependence, C T Selvarajah

IIMB Management Review

Liberalisation has seen many economies, especially in Asia, opening their hitherto sheltered domestic markets to global competition and providing greater opportunities to trade and foreign investment. The spinoffs of liberalisation bring in new implications, opportunities and challenges for the governments as well as the organisations involved. Round Table features some of the issues discussed in the conference on 'Managing Economic Liberalisation in South Asia : Directions for the 21st Century' held in Chennai, India, from August 10 -13. Selvarajah examines the realignment of economies towards globalisation as a development of regionalism. The shift in economic forces away from multilateral arrangements …

Fiscal Support For India’S Liberalisation - Is It Adequate?, Shyamal Roy

IIMB Management Review

For assessing fiscal policy support to India's economic liberalisation process, the quality of fiscal management is far more important than just monitoring the aggregates. Going by this framework of analysis, government expenditure and borrowing patterns have had a negative impact on the liberalisation process. In fact, the fiscal management of the economy over the years was so complete that it left little room for manoeuvrability in the fiscal variables in the budget 1998-99. Shyamal Roy examines budget 1998-99 and finds that though it may fail to achieve the fiscal targets, it does contain some ideas which if pursued vigorously can …

The Labor Supply Effects Of Welfare Reform, Timothy J. Bartik

Upjohn Institute Working Papers

Will welfare reform increase unemployment and reduce wages? The answer depends in part on how much welfare reform increases labor supply. This paper considers the labor supply effects of the welfare reforms that have occurred since 1993, when President Clinton entered office with a promise to "end welfare as we know it." The paper reviews previous estimates, and provides new estimates, of how many additional labor force participants have entered the labor force due to welfare reform. I estimate that welfare reform from 1993-96 increased the U.S. labor force by between 100,000 and 300,000 persons. Between 1996, when the major …

The Ohio Job Creation Tax Credit Program: An Economic Impact Analysis, Ziona Austrian, Adina Swirski Wolf

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Horatio Alger Meets The Mobility Tables, Douglas Holt-Eakin, Harvey S. Rosen, Robert Weathers

Center for Policy Research

The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has affected an individual’s place in the earnings distribution. Our basic tack is to follow individuals’ positions in the income distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main finding is that for low-income individuals there is some merit to the notion that the self-employed moved ahead in the earnings distribution relative to those who …

Income Taxes And Entrepreneurs' Use Of Labor, Robert Carroll, Douglas Holtz-Eakin, Mark Rider, Harvey Rosen

Center for Policy Research

This paper investigates the effect of entrepreneurs’ personal income tax situations on their use of labor. We analyze the income tax returns of a large number of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax rates associated with that law affected their decisions to hire labor and the size of their wage bills. We find that individual income taxes exert a statistically and quantitatively significant influence on the probability that an entrepreneur hires workers. Raising the entrepreneur’s “tax price” (one minus the marginal tax rate) by 10 percent …

Where Does The Money Come From? The Financing Of Small Entrepreneurial Enterprises, Zsuzsanna Fluck, Douglas Holtz-Eakin, Harvey Rosen

Center for Policy Research

Using data from the Wisconsin Entrepreneurial Climate Study, we study the sources of firms’ finance during the very early stages of their lives. Our focus is the evolution of the mix of financial capital from “insiders” and “outsiders” as firms age. We find that at the beginning of firms’ life cycles, the proportion of funds from internal sources increases with age, while the proportion from banks, venture capitalists, and private investors declines. There is also evidence that these patterns eventually reverse themselves, with the proportion of insider finance ultimately declining and the proportion of outsider finance increasing with age. We …

Financial Capital, Human Capital, And The Transition To Self-Employment: Evidence From Intergenerational Links, Thomas Dunn, Douglas Holtz-Eakin

Center for Policy Research

The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of innovation, employment and economic dynamism. We use data from the National Longitudinal Surveys (NLS) to investigate the relative importance of family financial and human capital in the transition into self-employment. Specifically, we estimate the impacts of own wealth and human capital and parental wealth and self-employment experience on the probability that an individual makes the transition from a wage and salary job to self-employment. We find that young men’s own financial assets exert a statistically significant, but quantitatively modest effect on the …

Apocalypse Now? Fundamental Tax Reform And Residential Housing Values, Donald Bruce, Douglas Holtz-Eakin

Center for Policy Research

Using a simulation model crafted to integrate the short-run and long-term impacts of tax reform on the housing market, we find modest impacts from fundamental reform of the Federal income tax. These results suggest that concerns over the impact of tax reform on housing values and household net worth are overstated. To the extent that reform is otherwise desirable, fears of drastic effects on the housing market should not stand as an impediment to reform. Donald

Entrepreneurs, Income Taxes, And Investment, Robert Carroll, Douglas Holtz-Eakin, Mark Rider, Harvey Rosen

Center for Policy Research

This paper investigates the effect of entrepreneurs’ personal income tax situations on their capital investment decisions. We examine the income tax returns of a sample of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax rates for the relatively affluent associated with that law affected their decisions to invest in physical capital. We find that individual income taxes exert a statistically and quantitatively significant influence on investment decisions. In our sample, a 5 percentage point increase in marginal tax rates would reduce the proportion of entrepreneurs who make new …

The Ohio Manufacturing Machinery And Equipment Investment Tax Credit: An Economic Impact Analysis, Ziona Austrian, Adina Swirski Wolf

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Ohio Business Establishments Inter-County Relocation Trends During The 1994-1997 Period, Ziona Austrian, Adina Swirski Wolf

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

Public Issues In Parks And Recreation Activity In The 105th Congress, Barry S. Tindall

Outdoor Recreation: Promise and Peril in the New West (Summer Conference, June 8-10)

3 pages.

The New Challenge Of Outdoor Recreation, Roz Mcclellan

Outdoor Recreation: Promise and Peril in the New West (Summer Conference, June 8-10)

5 pages.

Outdoor Recreation And Water Development: The National Recreation Lakes Study, Bruce R. Brown

Outdoor Recreation: Promise and Peril in the New West (Summer Conference, June 8-10)

12 pages.

Recreation Management By The Blm: A Local Perspective, Ann Morgan

Outdoor Recreation: Promise and Peril in the New West (Summer Conference, June 8-10)

10 pages.

One State’S Response To Outdoor Recreation Pressures, Laurie Mathews

Outdoor Recreation: Promise and Peril in the New West (Summer Conference, June 8-10)

5 pages.

Response: Drawbacks To The Teaming With Wildlife Proposal [Outline], David Secunda

Outdoor Recreation: Promise and Peril in the New West (Summer Conference, June 8-10)

4 pages.

Market Solutions To Public Recreation Finance: Creating User-Supported Parks, Donald R. Leal

Outdoor Recreation: Promise and Peril in the New West (Summer Conference, June 8-10)

11 pages.

Contains 1 page of references.