Regional Economics Commons^™

Residential Values In Benton County: Current Outlook, Katherine A. Deck, Viktoria Riiman

Publications and Presentations

The purpose of this report is to evaluate the current underlying economic conditions in Benton County, Arkansas as they relate to the growth in the valuation of residential property values. First, the economic section provides some details of employment and population growth during the last two years. The second section discusses residential sale values and how they have changed from 2007 to 2008. Data from the Office of the Benton County Assessor and from the Arkansas REALTOR Association are used to demonstrate the change in property valuation.

Economic Impact Of South Dakota’S Regional Water Systems, Matthew J. Pajl, Delvin E. Deboer, Gary Taylor, Dwight Adamson

Water and Environmental Engineering Research Reports

Regional water systems are a primary conduit of water supply for much of South Dakota’s rural and small community populations. As of 2006, greater than one-third of South Dakota’s population was served by water supplied from regional water systems, and when Lewis and Clark Rural Water delivers water to Sioux Falls, over one-half of South Dakota’s population will be served by regional water systems. Greater than 75% of incorporated communities with public water supplies are served by regional water systems, either as bulk communities or as individual customers. Many farms and agricultural industries use rural water for domestic use, livestock …

What Proportion Of Children Stay In The Same Location As Adults, And How Does This Vary Across Location And Groups?, Timothy J. Bartik

Upjohn Institute Working Papers

This paper provides new information on what proportion of individuals spend their adult work lives in their childhood metropolitan area or state. I also examine how this proportion varies across different demographic groups, and with the size and growth rate of the metropolitan area. I find that the proportion of individuals who spend most of their adulthood in their childhood metropolitan area is surprisingly high. Furthermore, this proportion does not go down as much as one might think for smaller or slower-growing metropolitan areas, or for college-educated persons. These findings imply that state and local investments in children may pay …

The Economic Decline Of Zimbabwe, Chidochashe L. Munangagwa

Gettysburg Economic Review

For the past decade, Zimbabwe has been experiencing an economic decline that has resulted in an inflation rate of 231 million percent and an unemployment rate of over 90 percent. Past research has concluded that the economic decline of Zimbabwe has mainly been caused by poor monetary policies and failure of fiscal policies to control the budget deficit. This research aimed to closely examine some of these policies that the Zimbabwean government implemented, the effects of these policies on economic activity, employment and inflation levels in the country. By interviewing many economic analysts in Zimbabwe, I managed to gather the …

The Economic Impact Of The Fayetteville Shale In White County, Katherine A. Deck

Publications and Presentations

Fayetteville Share economic impact in White County Arkansas and how it effects the industry, residents and employees.

Part 5: Climate Change, Global Warming And Ocean Levels In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

To the extent that global warming occurs, it will bring with it rising sea levels, which, in the absence of new dikes and levees, will cover vast areas of the Peninsula and Norfolk, Chesapeake and the Virginia Beach oceanfront.

Front Matter: The State Of The Region: Hampton Roads 2009, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Cover, front matter, table of contents, and other materials for the 2009 The State of the Region report authored by the Regional Studies Institute at Old Dominion University

Part 1: The Regional Economy Contracts, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Defense spending continues to cushion our economic downturn, but two other major drivers, the port and tourism, have contracted. We also report stress tests for our major regional banks.

Part 3: The "Silver Tsunami": Residential Life And Care For Seniors In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

In recognition of our aging population, we present extensive data and ratings concerning 57 nursing home facilities, 104 assisted living facilities and eight continuing care facilities in Hampton Roads.

Part 2: The Hotel Industry In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Stagnant or declining patronage and excess capacity have made this a very challenging time for an industry that is vital to our future.

Part 4: Gasoline Prices, Carbon Emissions And Other Unpleasant Subjects, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Carbon emissions are on nearly everyone’s mind. We trace our regional carbon emissions and explore the ways (including higher prices) that we might deal with them.

Part 8: The Chrysler Museum In 2009, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The Chrysler Museum of Art is one of the foremost cultural jewels of our region, but now faces challenges that stem both from significant economic constraints and internal reorganizations.

Part 6: Traffic Congestion In Hampton Roads: Identifying And Measuring Our Bottlenecks, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

A well-known national analysis of traffic congestion identifies the 15 worst choke points in Hampton Roads. Most of them are connected to our tunnels.

Part 7: The Tunnels That Connect Hampton Roads: Wonderful Assets Or Potential Achilles' Heels?, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Wonderful Assets or Potential Achilles’ Heels? The prosperity of our region depends upon five major bridge/tunnel installations, all of which potentially can be closed either by accidents or terrorism. As we recently have discovered, they are vulnerable to a variety of possible threats.

National And State Economic Impact Of Netl, Randall Jackson, Amanda Krugh, Brian Lashier, Ronald Munson

National Energy Technology Laboratory

This report documents the development of state-level input-output models for Pennsylvania, West Virginia, and Oregon and the augmentation of the national input-output model that was developed previously for the project Valuing Domestically Produced Natural Gas and Oil. The state IO models were developed to assess the economic impacts of expenditures, employment, and research and development awards at the NETL sites located in Pittsburgh, PA, Morgantown, WV, and Albany, OR. The national IO model was developed to assess the economic impacts of NETL site expenditures, awards, and employment at the national level.

Is Income Inequality Endogenous In Regional Growth?, Yohannes G. Hailu, Mulugeta Kahsai, Tesfa Gebremedhin, Randall Jackson

Regional Research Institute Working Papers

This study focuses on testing the relationship between income inequality and growth within U.S. counties, and the channels through which such effects are observed. Based on a system of equations estimation, the empirical results confirm the hypotheses that income inequality has a growth dampening effect; income inequality is endogenous to regional growth and growth adjustment; and the channels through which income inequality determines growth are regional growth adjustments, such as migration and regional adjustment in job and income growth. Results have numerous policy implications to the extent that: (1) that income inequality is endogenous, its equilibrium level can be internally …

Sustainable Economic Development In Energy Rich Economies: A Regional Approach, Hodjat Ghadimi

Regional Research Institute Working Papers

There is an extensive literature on or relating to development issues of energy rich economies – particularly those in the developing world. While national-level studies abound, the analyses of these economies at a regional scale or with a regional and spatial perspective are scarce. Generally, a bottom up regional approach to development and the value of insights that regional models and comparative regional studies provide have not received deserved attention in the field of development economics. Analyzing development sustainability in energy-based economies at a regional scale may provide insights not otherwise possible. National scale studies and models are mostly sectoral …

Regional Innovation Systems: An Annotated Bibliography, Eric Bowen, Zheng Tian, Junbo Yu, Randall Jackson, Shaoming Cheng

Regional Research Institute Resource Documents

Innovation, the ability to create, diffuse, and adopt new ideas and to transform them into new profitable products, processes, and services has been increasingly seen as an essential, if not the primary, driving force behind the enhancement of productivity, competitiveness, and economic welfare. While people conventionally understood the mechanism of generating innovation as a straightforward linear process from basic research to technology transfer and completed by industrial commercialization, re- searchers have begun to challenge this rationale with a complex, systemic model for innovation, viz. the theory of the systems of innovation where the orchestrated eorts and interactions among governments, universities …

Deconcentration, Counter-Urbanization, Or Trend Reversal? The Population Distribution Of Switzerland, Revisited, Mulugeta Kahsai, Peter V. Schaeffer

Regional Research Institute Working Papers

This study analyzes trends in the population distribution of Switzerland, with focus on the period 1980-2000. It updates and extends an earlier study (Schaeffer, 1992a). The extensions include analyses of population distribution trends by region and citizenship. Results show that Switzerland experienced deconcentration in the 1970s at the cantonal level, and in the 1980s and 1990s at the district level. The results also show a trend of moving away from large densely populated districts to small, sparsely populated and medium sized districts. There was a strong suburbanization trend starting the 1950s and counter-urbanization during 1980-2000. The core urban areas experienced …

Mexico Consensus Economic Forecast, Thomas M. Fullerton Jr., Angel L. Molina Jr.

Border Region Modeling Project

No abstract provided.

Nepa And The Dynamics Of Public Participation In The Environmental Review Process: An Analysis Of The Northmet (Polymet) Mining Project Near Hoyt Lakes Minnesota, Amber Neumann

Political Science Theses and Capstones

Hypothesis: That comments collected from agency “experts” during the scoping phase of the National Environmental Policy Act (NEPA) process would be disproportionately represented as changes in subsequent drafts of NorthMet’s Environmental Impact Statement (EIS).

Methods: Tabular analysis of data collected from the Minnesota DNR publication of Response to the Public Scoping Projects PolyMet Mining Inc.; NorthMet Project. 2005

Results: There is an excellent cross section of comment sources represented in changes to subsequent drafts of NorthMet’s EIS. A lot of overlap exists between various types of participants and their concerns, resulting in many of the successful comments stemming from …

An Empirical Analysis Of The Link Between Entrepreneurship And Economic Growth In West Virginia, Maribel N. Mojica, Tesfa Gebremedhin, Peter V. Schaeffer

Regional Research Institute Working Papers

Entrepreneurship variables constructed from county-level proprietorship and firm birth data were included in an endogenous growth model to determine the relationship between entrepreneurship and economic growth in West Virginia. The empirical estimates using weighted least squares (WLS) and 2-stage least squares (2SLS) regressions generally show empirical evidence regarding the positive contribution of entrepreneurial activity to economic growth. Counties with more proprietors and business start ups exhibited higher growths in population and employment growth compared to less entrepreneurial counties. However, none of the entrepreneurship variables used in the study is statistically significant in determining per capita income growth.

A County-Level Assessment Of Entrepreneurship And Economic Growth In Appalachia Using Simultaneous Equations, Maribel N. Mojica, Tesfa Gebremedhin, Peter V. Schaeffer

Regional Research Institute Working Papers

This study provides evidence of the contribution of entrepreneurship to economic development in Appalachia. Using data on Appalachian counties, a system of simultaneous equations is empirically estimated to measure the effects of entrepreneurship on economic growth and development. We present an expanded Carlino-Mills growth model using changes in population, employment, and per capita income to represent growth. The goal of the investigation is to increase the understanding of entrepreneurship’s contributions to economic growth, and its potential as a development strategy for a region, such as Appalachia, that is characterized by poverty and underdevelopment. The results show that start-up businesses contribute …

Linking Tourism Resources And Local Economic Benefits: A Spatial Analysis In West Virginia, Jinyang Deng, David Dyre

Regional Research Institute Working Papers

Tourism has been playing an increasingly important role in the economic development and promotion for the state of West Virginia. However, how tourism resources are spatially distributed across all the state’s 55 counties has not received much attention. This study could be among the first in West Virginia to create a tourism resource inventory database at the county level, and to spatially examine tourism resource distribution patterns across all counties, based on the tourism resource quantity measured by size, length, or number, as well as on the quality determined by the Analytic Hierarchy Process (AHP) through surveys of 191 visitors. …

Who Creates Waste? Different Perspectives On Waste Attribution In A Regional Economy, Christa D. Jensen, Stuart Mcintyre, Max Munday, Karen Turner

Regional Research Institute Working Papers

We use a regional input output (IO) framework and data derived on waste generation by industry to examine regional accountability. In addition to estimating a series of industry waste-output coefficients, the paper considers a series of methods for waste attribution, and practical use for policymakers. The paper first considers perspectives on attribution of domestic waste generation using basic Type I and Type II industry multipliers, and also compares these with multipliers derived from a trade endogenised linear attribution system (TELAS) which permits a greater focus on private and public final consumption as the main exogenous driver of waste generation in …

Constructing A Baseline Input-Output Model With Environmental Accounts (Ioea), Taelim Choi, Randall Jackson, Nancey Green Leigh

Regional Research Institute Working Papers

This paper reports our efforts to construct a baseline input-output model with environmental accounts for use in modeling geographically specific e-waste recycling systems. We address conceptual and practical issues that arise when recyclable end-of-life commodities and related activities are incorporated in the traditional input-output model including: 1) shortcomings of existing industry and commodity accounts that do not represent recycling activities and recyclable end-of-life products explicitly; 2) accounting challenges related to flows of end-of-life products observed mainly in physical volumes; and 3) valuing end-of-life products whose transactions prices vary widely. These three issues complicate the incorporation of end-of-life commodities within the …

The Power Of A Promise: Education And Economic Renewal In Kalamazoo, Michelle Miller-Adams

Upjohn Press

In the first comprehensive account of the Kalamazoo Promise, Michelle Miller-Adams addresses both the potential and challenges inherent in place-based universal scholarship programs and explains why this unprecedented experiment in education-based economic renewal is being emulated by scores of cities and towns around the nation.