Economics Commons^™

Part 1: The Virginia Economy Struggles To Cope With Economic Headwinds, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

The Virginia economy grew 0.02 percent in real terms in 2014, will grow only about 1.33 percent in 2015, and we forecast only a 1.98 percent growth rate in 2016. The villain in this scenario is stagnant or declining federal spending, especially defense spending.

The Rise Of Hollywood East: Regional Film Offices As Intermediaries In Film And Television Production Clusters, Pacey Foster, Stephan Manning, David Terkla

Management and Marketing Faculty Publication Series

Prior research on project-based organizing in creative industries has emphasized the importance of regionally embedded institutions, creative networks and intermediaries in the development of regional project ecologies. Recently, film and television production in the United States has expanded beyond traditional clusters in Hollywood and New York to new locations in the United States, Canada and overseas, raising important questions about the dynamics of increasingly mobile creative project networks. Using data on the Massachusetts film and television industry between 1998 and 2010, it is argued that regional film offices play an increasingly important role as network intermediaries in connecting mobile creative …

Investing In The Arts As A Regional Economic Development Tool: A Case Study Of Suny Buffalo State College Arts Students, Dinash Lal Mpa

Public Administration Master’s Projects

The intent of this study was to determine the financial needs of the art students attending Buffalo State College when considering producing their art. In order to establish this need, this case study required the opinions of arts students on their current and future potential financial circumstances including, prospective income supplementation to produce their art work, ability to produce art work given their current and future financial outlooks, the importance of their financial circumstances in relation to the production of their art, the degree to which they currently or foresee the use of financial products and services to produce their …

Tourism And Crime: Evidence From The Philippines, Len Patrick Dominic M. Garces, Rosalina Palanca-Tan

Economics Department Faculty Publications

Using panel data gathered from 16 regions of the Philippines for the period 2009-11, this paper investigates the relationship between tourism and crime. The findings of the study show that the relation between tourism and crime may largely depend on the characteristics of visitors and the types of crime. For all types of crime and their aggregate, no significant correlation between the crime rate (defined as the number of crime cases divided by population) and total tourist arrivals is found. However, a statistically significant positive relation is found between foreign tourism and robbery and theft cases as well as between …

Three Essays On The Economic Impact Of Immigration, James Sharpe

Theses and Dissertations--Economics

With the significant rise in immigration to the U.S. over the last few decades, fully understanding the economic impact of immigration is paramount for policy makers. As such, this dissertation consists of three empirical essays contributing to the literature on the impact of immigration. In my first essay, I re-examine the impact of immigration on housing rents and completely controlling for endogenous location choices of immigrants. I model rents as a function of both contemporaneous and initial economic and housing market conditions. I show that existing estimates of the impact of immigration on rents are biased and the source of …

Toward Consistent Cross-Hauling Estimation For Input-Output Regionalization, Christa D. Court, Randall Jackson

Regional Research Institute Working Papers

Although the literature has provided steps in the right direction, conceptual shortcomings still exist in the cross-hauling adjustment methods that are currently being applied in the literature. This paper represents an attempt to 1) characterize the cross-hauling adjustment methods that exist in the literature; 2) identify the shortcomings that exist with the most widely applied method, CHARM; 3) provide an empirical analysis to tackle the notion of just how ubiquitous crosshauling is and the potential impact it has on input-output multiplier estimates; and 4) suggest directions for future conceptual and theoretical development that will lead to consistent cross-hauling measures for …

The Economic Impacts Of Forest Pathogens In Washington State: A Hedonic Approach, Logan Blair

All Master's Theses

An increase in the incidence of forest pathogens in the Western US has created new resource management issues. In this research I employ a dataset of 170,141 housing transactions in twelve Western Washington counties to quantify the impacts of parasitic forest damage on the proxy real estate market. Specifically, I estimate a set of hedonic fixed effects models to control for omitted variable bias and spatial autocorrelation. Results show statistically significant impacts on property values in the presence of species specific and aggregate defoliation, suggesting new information for forestry management and policy.

The Potential For Internal Trade And Regional Integration In Africa, Alemayehu Geda, Edris Hussein Seid

Journal of African Trade

This study examines the potential for intra-Africa trade and the prospects of advancing regional economic integration through such trade. A variety of empirical models are deployed for the purpose. The analysis and model simulation results reveal the existence of significant potential for intra-Africa trade. However, realizing this potential and hence the effort to advance regional integration through intra-Africa trade is challenged by lack of complementarities of exports and imports as well as the relative competitive position of African potential export suppliers. This is the result of weak infrastructure, productivity and trade facilitation — in short, acute export supply constraint that …

Determining The Directional Flows Of Foreign Direct Investments In The Asean Region: Key Macroeconomic And “Doing Business” Indicators Affecting The Direction Of Asean Fdi Inflows And Its Impact On Intra- And Extra-Asean Trade, Roberto Raymundo

Angelo King Institute for Economic and Business Studies (AKI)

Job creation, increasing household income, and the improvement of living standards do not only depend on the provision of adequate social services and government infrastructure support, but more so, on the growth and expansion of private sector investments. The creation of new jobs and the expansion of manufacturing productive capacity are roles better performed by the private sector rather than by governments constrained by the amount of resources that they can mobilize through taxation.

Promise Nation: Transforming Communities Through Place-Based Scholarships, Michelle Miller-Adams

Upjohn Press

Miller-Adams describes how the various "Promise-type" place-based scholarship programs impact college access, financial aid, and community transformation.

Drug Violence, The Peso, And Northern Border Retail Activity In Mexico, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

Exchange rate fluctuations and international business cycles may acutely affect retail sales in border regions where residents have the option of shopping in the neighboring country. This study examines the determinants of retail sales in six cities located along Mexico’s northern border. Retail activity in these cities is found to increase in tandem with real depreciations of the peso, lower unemployment rates in neighboring US counties, and increased border crossings. Taken together, these results suggest that cross-border shopping contributes to retail activity in the northern border region of Mexico. The opportunities for cross-border shopping may also condition the impact of …

County Level Economic Voting In U.S. Presidential Elections, Martin R. Sartorius

CMC Senior Theses

This thesis seeks to understand the relationship between county level economic voting and county level economic voting by demographic group on county level vote shares for U.S. presidential elections. Using an entity and time fixed effects regression model, I study the effects that county level growth in real per capita personal income and unemployment rate change have on county level two-party vote share for the Democratic Party. Additionally, I observe the responsiveness of a county’s voting behavior due to the demographic makeup of that specific county. I then compare my initial results to those of Eisenberg and Ketcham (2004) for …

Do Economic Development Efforts Benefit All? Business Attraction And Income Inequality, Xiaobing Shuai

School of Professional and Continuing Studies Faculty Publications

This paper extends the current literature on county-level income distribution in the United States by explicitly exploring the effect of business-attraction efforts by state governments. Using county-level job attraction and retention data from 2000 to 2005 in Virginia to explain the income distribution from 2006 to 2010, while controlling for demographic and socioeconomic conditions of local communities, this study shows that bringing in manufacturing jobs can reduce income inequality at the local level while attracting jobs in professional and business services tends to increase local income inequality. The results indicate that state and local governments’ efforts to attract and retain …

The Tale Of Two Economies: A Comparative Macroeconomic Analysis Of Palo Alto And East Palo Alto, Aditya Kotak, Safwan Siddiqi, Fred Foldvary

Faculty Publications

Cities in the USA have experienced diverse growth rates and levels of prosperity. Some cities flourish in prosperity, while others suffer economic recession. This study examines why cities have had different outcomes. We investigated three elements: 1) What are the factors that play a role in the shaping of a municipal’s economy? 2) What are the implications of these factors? 3) Which policies promote economic growth and prosperity? This essay aims to offer policy directions for cities that are not performing well. The paper applies a comparative analysis of two nearby cities, a flourishing economy contrasted with a troubled economy. …

What Lies At The Core Of Core Inflation? An Empirical Analysis To Identify The Determinants Of Core Inflation In Pakistan, Mehwish Ghulam Ali, Muhammad Ather Elahi, Qazi Masood Ahmed

Business Review

Core inflation leads to erosion of purchasing power and distorts income distribution in favor of the rich and the creditors. Further, it aggravates poverty due to its regressive effect. By targeting core inflation, the Central Bank attempts to reduce poverty and improve income distribution. The Central Bank does and should target core inflation for the aforementioned objectives, hence it becomes necessary to identify if factors apart from monetary policy affect core inflation. This paper aims to identify the determinants of core inflation in Pakistan. This study is motivated by the lack of work done in identifying the determinants of core …

The Economic And Tax Revenue Impact Of The Nebraska Wind Energy Industry, Eric Thompson

Bureau of Business Research Publications

This study by the University of Nebraska-Lincoln Bureau of Business Research (UNL-BBR) explores the economic impact from the construction and operation of wind farms in Nebraska, focusing on those farms with 10 or more wind turbines. The study estimates: 1) the statewide economic and tax revenue impact of the Nebraska wind industry as it is currently configured, 2) the local economic and tax revenue impact of the existing industry in the counties where it operates and 3) the potential statewide economic impact from expansion of the industry through the addition of new wind farms.

Table ES.1 summarizes the impacts. Operation …

Social Accounts For Cge In A Multi-Software Environment: Implan, Gams And Excel, Amir Borges Ferreira Neto, Randall Jackson

Regional Research Institute Resource Documents

No abstract provided.

Survey Of Lincoln Area Businesses About Skill And Training Requirements, Eric Thompson

Bureau of Business Research Publications

his report discusses the results from the Make it Work for Lincoln survey of employers conducted by the University of Nebraska-Lincoln Bureau of Business Research (UNL-BBR). The survey of employers in the Lincoln Metropolitan Area was conducted under contract with the Nebraska Department of Labor and with the participation of the Nebraska Department of Economic Development and ATD-Lincoln. The report examines the types of occupations Lincoln area employers are searching for and hiring, and the types of difficulties employers face when hiring. The survey also asks about the types of training which employers provide. Business responding to the survey reported …

Economic Analysis Of Michigan Commercial Vehicle Enforcement Strategies, Randy José Jorge Díaz

Masters Theses

Transportation infrastructure is an essential component of a nation’s success as it allows efficient transportation of goods to all economic markets, providing economic stability and ensuring trade competiveness. Nearly 70 percent of all of Michigan’s freight is shipped by truck and Michigan is ranked eighth in the USA in terms of the value of its exports with $50 billion per year. Unfortunately, commercial vehicles also contribute to the deterioration of pavement, reducing air quality and potentially influencing road safety. To enforce commercial vehicle laws and regulations, most states utilize fixed weigh stations supplemented with other enforcement strategies. Although fixed weigh …

Hispanic Entrepreneurship In Nebraska: Trends And Economic Profile, Lissette Aliaga-Linares

Latino/Latin American Studies Policy Briefs

The growth of the Hispanic population in Nebraska was accompanied by a significant increase in Hispanic entrepreneurship at the beginning of the 2000s. From 2002 to 2007, the 3,065 Hispanic-owned businesses constituted a small but dynamic and resilient segment of business growth in the state. Did participation in self-employment decrease for Hispanics after the economic crisis of 2008? What are the characteristics of Hispanic-owned businesses and Hispanics business-owners in Nebraska? Do some of these characteristics reveal social or economic barriers that could prevent these businesses from succeeding?

El Recuperador Urbano Reconstruido: Una Perspectiva Crítica Sobre La Gestión De Residuos Urbanos En Buenos Aires Y La Nuevas Políticas Públicas De "Ciudad Verde" / The Urban Recycler, Reconstructed: A Critical Perspective On The Waste Managementprocesses Of Buenos Aires, And The New Public Policies Known As “Green City”, Mira Korber

Independent Study Project (ISP) Collection

Historically, a survival method for the most impoverished populations of developing countries has been the collection, accumulation, and sale of recycled materials accessible in the urban waste generated by large metropolitan areas. After Argentina’s economic crisis of 2001, the number of people who participate in this informal sector of work in Greater Buenos Aires boomed due to the financial recession that devastated the country. In the last fourteen years, the population of urban recyclers, colloquially called cartoneros or cirujas, has not diminished. Various advances have been made towards the legitimation of their work as environmental protection and recycling through their …

Economic Impact Of Northwestern Michigan College: Final Report, George A. Erickcek

Reports

No abstract provided.

Report On Scoping The Feasibility Of Constructing An Economic Impact Model For Recreational And Conservation Projects In The State Of Michigan, George A. Erickcek

Reports

No abstract provided.

Successful Communities: What Is Desired And What Is Present In Nonmetropolitan Nebraska, 2014 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

Rural Nebraskans are looking for many things in a community. The characteristics of a community that most believe are absolutely essential include social dimensions (sense of personal safety), economic dimensions (jobs/economic opportunities), some basic services (a quality school system, available medical services, affordable housing, quality housing and well maintained infrastructure) and environmental dimensions (a clean and attractive natural environment).

Unfortunately, when asked if these characteristics are present in their current community, some of these areas are lacking. One of the more extreme cases involves jobs/economic opportunities. Seventy-seven percent of the respondents say these are absolutely essential in order for them …

Borderplex Economic Outlook To 2016, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Setting Up A Sam In Excel Using Vba, Amir Borges Ferreira Neto

Regional Research Institute Technical Documents

This technical document describes how to set up a full Social Accounting Matrix from its own partition in a spreadsheet file. This is done using VBA code.

Using A Spreadsheet Sam For Gams Cge Modeling, Amir Borges Ferreira Neto

Regional Research Institute Technical Documents

This technical document provides in a single document a template to follow when using spreadsheet Social Accounting Matrix data to drive a GAMS-based Computable General Equilibrium model.

Power America's — And Nevada's — Advanced Industries: State By State, Region By Region, Mark Muro

Brookings Scholar Lecture Series

With the U.S. economy still flat, economic experts and leaders continue to search for the next source of U.S. and regional growth. One key component of the next era of prosperity can be projected: It is what the Brookings Metropolitan Policy Program calls the advanced industry (AI) sector. The nation’s most strategic R&D — and STEM worker intensive industries, AIs like aerospace and IT are prime movers of regional and national prosperity, because they are key sources of technology innovation and generate domestic and international exports. Accordingly, the AI swatch of 50 discrete industries has emerged as an important new …

Disaggregating Input-Output Models, Xueting Zhao

Regional Research Institute Technical Documents

This Technical Document describes the steps to disaggregate an industry sector in an I-O table using Python. A disaggregation method that based on weight factors is used in this document. The calculation has three parts. The first part is to calculate the disaggregated input matrix DIM, which represents all the input from common sectors into the new sectors. The second part is to calculate the disaggregated output matrix DOM, which represents all possible output weights of new sectors into common sectors. The last part is to calculate the intra matrix DINM, which represents the allocation of intra-industry sales in the …

Estimation Of China Sectoral Emission Intensity: Based On Input-Output Model, Xueting Zhao

Regional Research Institute Resource Documents

No abstract provided.