Economics Commons^™

Economic Impact Of Small Scale Event To The Local Economy: Case Of Canfield Fair, Sungsoo Kim, James Dombrosky

Journal of Tourism Insights

This study examines the economic contribution of the Canfield Fair on the local community. The fair accounted for $13,419,332 in new money generated in the local economy and total expenditures of $16,874,927. Out of this total, $9,578,936 was generated from out-of-town visitors, versus $7,295,991 from local attendees. The initial amount of $9,578,936 spent by visitors created direct, indirect, and induced impacts within the local economy. The direct effect of this spending as estimated by an IMPLAN input/output model was $8,166,956, with $2,880,940 and $2,371,436 as indirect and induced impacts respectively, for a total aggregate effect on local earnings of $13,419,332.

The Employment Impact Of The New Economy Initiative (Nei) On The Detroit Region And The State Of Michigan, Brian Pittelko, Bryan Bommersbach, George A. Erickcek

Reports

No abstract provided.

The Economic Impact Of The 2016 National Cherry Festival, Grand Valley State University, Christian Glupker

Other Faculty Publications

The National Cherry Festival, July 2-9, 2016, is estimated to have generated or supported economic benefits for Grand Traverse County and Suttons Bay in the following ways:

• $19.0 million increase in economic output
• $11.3 million increase in direct spending
• $5.3 million increase in total earnings
• $1.1 million in new spending by the Cherry Festival organization
• Creating 228 local jobs
• Prompting $66.43 in average daily spending for all visitors
• Bringing $53.00 in per-person, per-day direct spending

The State Of The Region: Hampton Roads 2016, James V. Koch, Vinod Agarwal, Christopher B. Colburn, Vicky Curtis, Steve Daniel, Larry "Chip" Filer, Timothy Komarek, Feng Lian, Sharon Lomax, Wolfgang Mairinger, Alice Mcadory, Robert Mcnab, Janet Molinaro, Lisa Suhay

Economics Faculty Books

This is Old Dominion University's 17th annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a …

Borderplex Economic Outlook To 2018, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

The Case For State-Led Trade Policies In Economic And Human Development, Prahlad Krishnan

Independent Study Project (ISP) Collection

This paper aims to examine the difference in effectiveness on development of least developed countries (LDCs) such as Uganda that opposing trade positions have. Specifically, the paper will look at development state economic policies versus neoliberal policies in both regional and global trade to determine how they both effect development as defined by the Human Development Paradigm and the Neoliberal (Economic) Paradigm.

Research for this paper came from a practicum-based internship with Southern and Eastern Africa Trade Information and Negotiations Institute Uganda (SEATINI). The internship provided guidance for independent research and allowed for participant observation. Information was also gathered through …

Improvement Of Collection And Distribution System Of Shanghai, Zhilin Cui

World Maritime University Dissertations

No abstract provided.

Shanghai Port Development Factors Of Influence On Shanghai Economic, Yong Du

World Maritime University Dissertations

No abstract provided.

The Evaluation On The Collection And Distribution System Of Yangshan Port, Guchuan He

World Maritime University Dissertations

No abstract provided.

Research On Earning Fluctuation Of Chinese Shipping Enterprises, Guanming Chen

World Maritime University Dissertations

No abstract provided.

Study On The Path And Carrier Selection In China’S Multimodaltransport - Taking Southwestern China To Yangtze River Delta As An Example, Liyang Zhou

World Maritime University Dissertations

No abstract provided.

Carrying Capacity Allocation And Shipping Routes Design For Merged Container Lines, Yao Zhang

World Maritime University Dissertations

No abstract provided.

The Influence Of The China (Shanghai) Pilot Free Trade Zone On The Construction Of Shanghai International Shipping Center, Wenyi Liu

World Maritime University Dissertations

No abstract provided.

Why Ireland: How Bank Failure Was Their Key To Success, Nia R. Gillenwater

Claremont-UC Undergraduate Research Conference on the European Union

Despite Ireland’s status as the first EU country to receive a bailout, Ireland appears to be bouncing back extremely well from the ongoing financial crisis in Europe and the EU. Looking at recent Irish economic statistics it begs the question whether the government’s complete guarantee of all Irish debts was the best response. Ireland’s financial crisis seemed quite similar to America’s: for both the root causes are freely lending for real estate and property. The responses however, were very different. While America let Lehman Brothers fail and only provided a partial guarantee to its banks, Ireland provided a complete guarantee …

What Works In Economic Development, Timothy J. Bartik

Presentations

No abstract provided.

Residential Electricity Demand In El Paso: 1977-2014, Thomas M. Fullerton Jr., David R. Macias, Adam G. Walke

Border Region Modeling Project

This study analyzes the demand for residential electricity in El Paso, Texas, USA. Annual data are provided by El Paso Electric Company covering the period from 1977 to 2014. This study reports a negative long-run income elasticity for residential electricity demand. Per customer residential electricity usage declines by 0.68 percent for every 1-percent increase in real per capita income over the long run, indicating that electricity is treated as an inferior good by households in this metropolitan economy. That result runs counter to many earlier studies, but corroborates recent empirical evidence for Seattle, Washington and other regions of the United …

Measurement Of The Ocean Economy From National Income Accounts To The Sustainable Blue Economy, Charles S. Colgan

Journal of Ocean and Coastal Economics

The widespread efforts to incorporate the economic values of oceans into national income accounts have reached a stage where coordination of national efforts is desirable. A symposium held in 2015 began this process by bringing together representatives from ten countries. The symposium concluded that a definition of core ocean industries was possible but beyond that core the definition of ocean industries is in flux. Better coordination of ocean income accounts will require addressing issues of aggregation, geography, partial ocean industries, confidential, and imputation is also needed. Beyond the standard national income accounts, a need to incorporate environmental resource and ecosystem …

Lowering Regional Inflation? Improve Budget Absorption, Vid Adrison

Economics and Finance in Indonesia

The subnational government spending in Indonesia exhibit a highly skewed distribution, i.e., it is very low in the first two-quarters and then increases significantly in the last two-quarters. Such explosive pattern poses two disadvantages. First, the regional output will fall below its optimal level as the low government capital expenditure leads to a fewer provision of public goods. Second, a significant increase in government spending in the later quarter pushes the short run aggregate demand to the northeast and creates an inflationary pressure in the following quarters. In this study, we analyze the effect of quarterly regional government expenditure growth …

Portfolio Flows Into Indonesia: Push Or Pull?, Chaikal Nuryakin

Economics and Finance in Indonesia

This paper focuses on the dynamic of the portfolio flows into Indonesia. The result of Structural Vector Autoregression (SVAR) model reveals that push factors is more dominant than pull factors in explaining portfolio flows into Indonesia. Portfolio flows into Indonesia are positively correlated with regionals stock market performance and negatively correlated to the federal funds rate. On the pull factors, domestic risk (the Credit Default Swap spread) is more dominant than domestic return (the BI rate) in explaining the flows. Thus, it is important for authorities to have more focus on domestic risk relative to rate of return in managing …

Firm Demography And Location Decisions In The United States After 1990, Francisco Albert Scott

Open Access Theses

This thesis deals with firm formation and location choice of firms in the manufacturing (and commercial service) sector in the United States after 1990. The topics of firm formation and location choice are part of a wider field that is usually referred to as "firm demography.'' We start off with a description of the size structure of firms by looking at the evolution of the average size of manufacturing firms in counties in the USA between 1990 and 2011. We hypothesize that the size of manufacturing firms depends on the firm sizes in proximate regions as well as on the …

Natural Disasters In Latin America: The Role Of Disaster Type And Productive Sector On The Urban-Rural Income Gap And Rural To Urban Migration, Madeline Alice Messick

Dissertations

This research provides insight into the impact of natural disasters as drivers of rural to urban migration in Latin America and the Caribbean (LAC). Disasters of varying types are predicted to have differing impacts on the productive sectors of agriculture, industry, and services; which due to the concentration of the various productive sectors in either urban or rural areas, subsequently changes the urban-rural wage differential. Changes to the wage differential (as measured by the urban-rural income gap) are predicted to lead to movement between urban and rural areas until a new equilibrium wage is reached.

This dissertation first identifies a …

Indebtedness And Subjective Financial Wellbeing Of Households In Indonesia, Dwini Handayani

Economics and Finance in Indonesia

Indebtedness is an element to foresee household financial wellbeing. This vulnerability could be determined objectively and subjectively. Objective financial vulnerability is the objective ability to make ends meet that is analyzed using household income and characteristics. Measurement in subjective welbeing is determined by household perceptions in their ability to make ends meet. Household behavior with different perceptions will behave differently. Indebtedness is analyzed using the Indonesian Family Life Survey (IFLS) 5 with the Ordinary Least Square method. The inferential shows that both objective and subjective financial wellbeing influence household indebtedness. Kedalaman hutang merupakan elemen untuk mengetahui kesejahteraan finansial rumah tangga. …

The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee

Dissertations

This study measures the impact that electrical outages have on manufacturing production in 135 less developed countries using stochastic frontier analysis and data from World Bank’s Investment Climate surveys. Outages of electricity, for firms with and without backup power sources, are the most frequently cited constraint on manufacturing growth in these surveys.

Outages are shown to reduce output below the production frontier by almost five percent in Africa and by a lower percentage in South Asia, Southeast Asia and the Middle East and North Africa. Production response to outages is quadratic in form. Outages also increase labor cost, reduce exports …

An Assessment Of The Economic Impact Of The Proposed Stoneco Gravel Mine Operation On Richland Township, George Erickcek

Reports

No abstract provided.

Effective Local Strategies To Boost Quality Job Creation, Employment And Participation, Randall W. Eberts

Presentations

No abstract provided.

The 2016 Nebraska Manufacturing Report, Mitch Herian, Eric Thomspon

Bureau of Business Research Publications

The purpose of this report is to provide an economic snapshot of the Nebraska manufacturing industry. In particular, the report is designed to present contributions of manufacturing to the state economy, recent trends in Nebraska manufacturing, and considerations for the future of Nebraska manufacturing. The information contained within the report will help policy makers and stakeholders better understand the current state of manufacturing in the state, particularly in relation to recent demographic and economic trends in Nebraska and the United States. The report finds that the manufacturing sector has a significant impact on the Nebraska economy. Approximately 10 percent of …

I-69 Thumb Region Asset Mapping Of Work-Based Programs And Initiatives: Final Report, Lee Adams, Bryan Bommersbach, Brian Pittelko, Claudette Robey, Jim Robey, Bridget Timmeney

Reports

No abstract provided.

Complex Effects Of Value-Added Livestock Ventures, Matthew A. Diersen

Economics Commentator (1972- 2016)

Value-added agriculture ventures are generally touted as being positive for a region’s economy. A product formerly shipped elsewhere may now be processed or modified locally or regionally, providing additional employment and related economic activity. Ethanol production, for example, disrupts the pattern of sending corn out of a region, but usually occurs where corn production is already prevalent. Consider, instead, the implications of a new livestock production facility. In this article, observations are made at the state and county levels related to livestock ventures. Kingsbury County is examined for potential effects on the production agriculture (or farming) sector. A livestock venture …

Broadband And Mobile Internet Services In Nonmetropolitan Nebraska: 2016 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben, L. J. Mcelravy

Nebraska Rural Poll

Most rural Nebraskans use their cell phone to access the Internet. Certain groups are more likely than others to use mobile/cellular Internet service: rural Nebraskans with the highest household incomes, who are younger, married, with higher education levels and with management or professional occupations.

Overall, most rural Nebraskans using mobile/cellular Internet service are satisfied with their service. Furthermore, most rural Nebraskans are satisfied with the reliability, speed, customer service, and coverage of their mobile Internet service. However, most rural Nebraskans using mobile Internet service are dissatisfied with the price of their service.

Certain groups have issues with various aspects of …

Labor Market Analysis Of The Kenosha, Wisconsin Region, Bryan Bommersbach, Don Edgerly, George A. Erickcek, Brian Pittelko, Claudette Robey, Jim Robey, Bridget Timmeney

Reports

No abstract provided.