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Regional Economics Commons

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2004

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Articles 31 - 43 of 43

Full-Text Articles in Regional Economics

Part 6: The Role And Influence Of African American Legislators From Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2004

Part 6: The Role And Influence Of African American Legislators From Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

African Americans comprise more than three of every 10 residents of Hampton Roads. Only recently, however, has this population translated into a large number of elected representatives in the Virginia General Assembly. This year, there are eight elected African American legislators in Richmond who claim Hampton Roads as their home. We explore their power and influence, noting that many do not yet possess the seniority to wield extensive influence. All eight legislators are Democrats and serve in a statehouse dominated by Republicans.


Part 5: Electricity Deregulation: What Impact Will It Have On Hampton Roads?, Regional Studies Institute, Old Dominion University Jan 2004

Part 5: Electricity Deregulation: What Impact Will It Have On Hampton Roads?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The Virginia General Assembly has voted to deregulate electricity in Virginia, but has delayed critical parts of this process until 2010 at the earliest. Recently, the General Assembly seems to have lost some of its stomach for deregulation. Nationally, deregulation usually is associated with lower electricity prices; however, there are notable exceptions. Virginia’s electricity prices currently are not high by national standards.


Developing Integrated Object-Oriented Conception Of Geomarketing As A Tool For Promotion Of Regional Sustainable Development: The Case Study Of Ukraine, Volodymyr M. Anderson Jan 2004

Developing Integrated Object-Oriented Conception Of Geomarketing As A Tool For Promotion Of Regional Sustainable Development: The Case Study Of Ukraine, Volodymyr M. Anderson

Regional Research Institute Working Papers

In the paper we propose and discuss new vision of geomarketing as a tool for promotion of regional sustainable development. Integrated object-oriented conception of geomarketing was designed by adoption and elaboration of some new ideas and approaches, such as “place marketing”, “non-profit marketing”, “counter-marketing”, “collaborative spatial decision-making”, “endogenous regional development”, “regional sustainable development”, “public-private partnership”. We explore how geomarketing in such a comprehension may be implemented in business and public administration, regional development policy making on example of some Ukrainian firms, regional governments, and communities. The proposed geomarketing conception is based on integration of three different interpretations of geomarketing: 1) …


Non-Linear Input-Output Models: Practicability And Potential, Guy R. West, Randall Jackson Jan 2004

Non-Linear Input-Output Models: Practicability And Potential, Guy R. West, Randall Jackson

Regional Research Institute Working Papers

The conventional input-output model has been widely criticised, both justly and unjustly, for its limiting assumptions. One of these assumptions is homogeneity of degree one. This paper explores some approaches to minimise this limitation of traditional input-output analysis by removing the assumption of linear coefficients for the intermediate and household sectors. As is well documented in the literature, the household sector is the dominant component of multiplier effects in an input-output model, so using marginal income and expenditure coefficients for the household sector provides a more accurate estimate of the multiplier effects. A price model can then utilised to estimate …


Labor Market Size And Unemployment Duration: A Theoretical Note, Peter V. Schaeffer, Tesfa Gebremedhin Jan 2004

Labor Market Size And Unemployment Duration: A Theoretical Note, Peter V. Schaeffer, Tesfa Gebremedhin

Regional Research Institute Working Papers

When job prospects are uncertain, labor market size matters even when labor and jobs, respectively, are homogenous. The expected unemployment duration and its standard deviation may then differ systematically with labor market size.


An Economic Impact Study Of The Pennsylvania Section Of The Cove Point Expansion, Randall Jackson, Walter R. Schwarm Jan 2004

An Economic Impact Study Of The Pennsylvania Section Of The Cove Point Expansion, Randall Jackson, Walter R. Schwarm

Regional Research Institute Working Papers

Dominion Resources, Inc. engaged the Regional Research Institute to determine the total economic impacts associated with pipeline construction and/or modernization proposals traversing several Pennsylvania jurisdictions. The proposed project represents an investment of approximately $200 million. The scope of this analysis consists of estimating varying economic effects including job creation and resulting personal income, output and fiscal or tax revenue impacts directly associated with both the operational and construction phases of the proposed Pipeline expansion project. We calculate the spill-over or multiplicative impacts that will arise from the proposed Pipeline project. Additionally, some attempt is made in this analysis to capture …


The Role Of Small Business In Economic Growth And Poverty Alleviation In West Virginia: An Empirical Analysis, Gebremeskel H. Gebremariam, Tesfa Gebremedhin, Randall Jackson Jan 2004

The Role Of Small Business In Economic Growth And Poverty Alleviation In West Virginia: An Empirical Analysis, Gebremeskel H. Gebremariam, Tesfa Gebremedhin, Randall Jackson

Regional Research Institute Working Papers

The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong inverse relationship also exists between the incidence of poverty and small business and economic growth. Thus, the empirical result establishes the linkage between small business, economic growth and the incidence of poverty.


Location-Specific Amenities, Equilibrium, And Constraints On Location Choices, Brian Cushing Jan 2004

Location-Specific Amenities, Equilibrium, And Constraints On Location Choices, Brian Cushing

Regional Research Institute Working Papers

This research considers how preferences for location-specific attributes might constrain migration destination choices. In particular, if, at any given time, most people are consuming their desired location-specific attributes, then unwillingness to give up these attributes may influence the decision to migrate. For those who migrate, these desired attributes might significantly constrain the locations they would consider. This perspective differs substantially from the normal approach that assumes people move toward “good attributes” and away from “bad attributes.” The research provides an initial test of a “constrained destination choice” hypothesis by considering “locational attribute constraints” in the context of aggregate place-to-place migration …


Effects Of Zoning On Residential Option Value, Jonathan C. Young Jan 2004

Effects Of Zoning On Residential Option Value, Jonathan C. Young

Regional Research Institute Working Papers

Knowing more precisely how zoning affects housing value would allow policy-makers to improve long-term policy decisions. Previous studies have concluded that local zoning regulations affect residential option value. These studies, however, do not specify the magnitude of the effect for varying zoning types. This study quantifies zoning’s effect on residential option value for specific types of zoning using a hedonic regression model of housing prices. The study utilizes information on housing characteristics and sales prices for a cross-section of houses in Monongalia County, West Virginia. The research develops two models to differentiate between zoning effects on developed versus undeveloped properties. …


Dematerialization And Transmaterialization: What Have We Learned?, Walter C. Labys Jan 2004

Dematerialization And Transmaterialization: What Have We Learned?, Walter C. Labys

Regional Research Institute Working Papers

Long-term materials demand patterns are important to examine because of the possibility of material obsolescence as well as the long lead times required to create new mineral productive capacity. Since structural changes in materials demand are inevitably linked to the performance and adjustments of national economies, materials life cycles have often been examined in the context of intensity of use (IOU). Explanations of these structural changes have focused on dematerialization; this concept implies a structural change in an economy embodying a reduced demand for materials and, therefore, a decline in overall industrial growth. An alternative view is that of transmaterialization, …


All Party Oireachtas Committee On The Constitution Ninth Progress Report, Tom Dunne Jan 2004

All Party Oireachtas Committee On The Constitution Ninth Progress Report, Tom Dunne

Reports

Ireland, like many other countries with high rates of economic growth, is urbanising rapidly. There has been considerable emphasis on planning for this through the National Development Plan, the National Spatial Strategy, development guidelines and other measures. Through these the state intends that a proper planning process will lead growth rather than leaving it to market forces to drive development in what are regarded as undesirable directions. The latter it is feared will lead to unsuitable social, economic or physical outcomes. Unintended results have flowed from the implementation, or flawed implementation of many of these policies and have given rise …


Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson Jan 2004

Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson

Upjohn Press

Persky, Felsenstein, and Carlson explore a new framework for evaluating state and local economic development efforts. They propose a method, referred to as the “job-chains approach,” that they say clarifies the potential justifications for economic development subsidies as well as the limitations surrounding these efforts. This innovative approach addresses not only the number of job vacancies created as a result of a subsidized business investment or expansion, but also the extent to which gains are achieved by the unemployed and the underemployed, whether skilled or unskilled.


Pull Factor Estimates For Retail Sales In West Virginia Counties, David W. Hughes Jan 2004

Pull Factor Estimates For Retail Sales In West Virginia Counties, David W. Hughes

Regional Research Institute Working Papers

Pull factors provide a measure of retail trade capture. Pull factors for total and twelve subcategories of retail sales for all West Virginia Counties are analyzed based on 1997 Census of Retail Trade data. A method for estimating missing data points and the use of Rand-McNally trade regions both facilitate estimation of the pull factors. Results indicate that hypothesizes concerning pull factors for central places in West Virginia generally hold. However, other elements influence pull factor estimates. The most important of these is the impact of state sales tax policy, which reduces pull factors for border cities through lessened retail …