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Regional Economics Commons

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Full-Text Articles in Regional Economics

Part 1: The Virginia Economy In Transition, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 1: The Virginia Economy In Transition, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

The Commonwealth is experiencing relatively slow economic growth as it gradually transitions from an economy highly dependent upon federal spending to one that still involves a substantial federal presence, but also more value-added private-sector activities, entrepreneurial ventures and participation in international trade.


Part 5: Broadband In Virginia: Vital For Economic Development, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 5: Broadband In Virginia: Vital For Economic Development, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Up to 70 percent of the world’s internet traffic flows through Northern Virginia, but some areas of the Commonwealth still do not enjoy broadband internet connections. Robust broadband access now is as important as roads, bridges and airports in terms of economic development and population growth.


Part 8: Liberty University: A Higher Education Phenomenon, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 8: Liberty University: A Higher Education Phenomenon, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Christian-centered Liberty University has a combined on-campus and online enrollment of more than 100,000 students and has accumulated an endowment of $1.4 billion. The university’s long-term aspiration is to be considered in the same breath as Notre Dame is for Roman Catholics and Brigham Young is for Mormons.


Part 2: Northern Virginia: Turning The Corner?, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 2: Northern Virginia: Turning The Corner?, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

NOVA now accounts for 37 percent of all employment in Virginia, but approximately 45 percent of the value of the Commonwealth’s economic activity. Recent growth in professional and business services employment suggests that the region may have turned the corner toward a more diverse, private sector-oriented economy.


Part 3: The Hotel Industry In The Commonwealth, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 3: The Hotel Industry In The Commonwealth, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Over the past quarter-century, the hotel industry has become a relatively less important part of the Virginia economy. Occupancy rates have yet to recover to prerecession levels and price-adjusted hotel revenue and revenue per available room in 2015 similarly were below their previous peaks.


Part 4: Will Robots Take Your Job? A Look At Virginia's Opportunities And Vulnerabilities, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 4: Will Robots Take Your Job? A Look At Virginia's Opportunities And Vulnerabilities, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

A recent study found that 47 percent of all current jobs are susceptible to loss because of automation and the use of artificial intelligence. The key to a worker’s job vulnerability relates primarily to whether that worker is engaged in repetitive work that can be replicated by a machine or software using artificial intelligence.


Part 6: Stock Car Racing In Virginia: The Sport And The Business, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 6: Stock Car Racing In Virginia: The Sport And The Business, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In addition to its nationally prominent Bristol Motor Speedway and Richmond International Speedway, the Commonwealth hosts nine other racetracks, five dirt tracks and eight drag racing strips. While still a very important economic phenomenon, attendance and revenue data suggest that stock car racing has passed its peak of popularity.


Part 7: The Rise Of Single-Earner Households In Virginia: Why It Matters, Center For Economic Analysis And Policy, Old Dominion University Jan 2016

Part 7: The Rise Of Single-Earner Households In Virginia: Why It Matters, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Forty-seven percent of all households in Virginia now are headed by one or more single individuals and these households include all adult age groups. Nevertheless, our current legal and regulatory structure continues to focus on “Ozzie and Harriet” households.