Regional Economics Commons^™

The Montana Travel Industry - 2024 Summary, Melissa Weddell

Institute for Tourism and Recreation Research Publications

2024 summary infographic of the Montana travel and recreation industry.

Harnessing Data To Shape Montana's Tourism Narrative – 2024 Montana Governor's Conference, Melissa Weddell, Kara Grau, Megan Schultz

Institute for Tourism and Recreation Research Publications

No abstract provided.

Rebuilding The American Dream: Understanding And Alleviating First-Time Home Buyer Affordability Challenges In Northwest Arkansas, Samuel R. Butler

Economics Undergraduate Honors Theses

Homeownership is a cornerstone of the American Dream. It is linked to numerous socioeconomic benefits such as social cohesion, civic engagement, imbalance in opportunities, education, and public health. However, in recent years, housing affordability across the nation and in Northwest Arkansas has become challenging.

Part I of this thesis explains the importance of homeownership nationally and the deteriorating conditions of first-time homebuyers. It explains the key drivers of housing affordability over time, and it explains the connection between zoning and affordability.

Part II focuses on the housing market in Northwest Arkansas (NWA). I forecast the NWA housing demand, which highlights …

Tax Increment Financing: A History And Analysis Of Its Success And Failure, Justin Cederlof

All Graduate Reports and Creative Projects, Fall 2023 to Present

Tax increment financing (TIF) is used by cities and towns to subsidize projects within their jurisdictions. The name derives from the growth in the tax base that a (re)development is theoretically responsible for. The increase in tax revenue is directed to funds to pay for the project. TIF is used in 49 U.S. states and each state has unique legislation for its use of it, though there are large similarities between states on how it’s implemented. Research suggests mixed results with whether or not the increase in the tax base is enough to pay off how much money went toward …

Sports Economics And Regional Prosperity: Exploring The Economic Impacts Of Success Of “Big Four” Teams, Gavin Todtenkopf

Honors Projects in Mathematics and Economics

Recent years have seen massive increases in government spending on sports stadiums and overall sports investments. The justification for this trend is that sports create positive externalities that can boost the overall economy of a region that the team resides in. However, economists cannot come to a unified conclusion about whether a single team can positively impact economic growth. Therefore, this study looks at the effects of a region's largest sports teams, collectively known as the “Big 4.” This includes teams in the MLB, NBA, NFL, and NHL. An econometric economic model is used to estimate the relationship between economic …

Navigating Modernity: Political And Economic Shifts In The Nineteenth Cenutry, Austin Delsontro, Andrew Cox

Chronicles: Journal Of History

No abstract provided.

Assessing Awareness And Trade Facilitation Under The Afcfta: A Focus On Small-Scale Cross-Border Traders In The Southern African Development Community, Faith Mbakhwa

Southern African Journal of Policy and Development

The African Continental Free Trade Area (AfCFTA) and the Southern African Development Community (SADC) Protocol on Trade present significant opportunities for trade facilitation reforms, particularly for small-scale crossborder traders (SSCBTs). However, the success of these initiatives hinges on the awareness and participation of these key stakeholders. This study investigates the awareness levels of SSCBTs regarding the AfCFTA, and analyses their understanding of trade facilitation reforms and their perceptions of the benefits and challenges of these reforms. Drawing on border reviews across 12 SADC commercial border posts and on interviews with traders and customs officials, the study identities significant gaps in …

Borderplex Business Barometer, Volume 9, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Tariff Headaches & 2025 Texas Economic Conditions, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

The Economic Impact Of Fhsu On The Local Economy: Fy 2024, Emily Breit, Thomas Johansen, Samuel Schreyer

SACAD: Scholarly Activities

We evaluate the economic impact Fort Hays State University has on the local economy during fiscal year 2024 by utilizing two estimation methods. These methods focus on the total spending from the institution, the faculty and staff, the students, and the visitors. The results of the analysis estimate the economic impact of the university ranges between $167,598,025 and $240,359,586.

From Shatter Zone To Shatterbelt: The Role Of The Three Seas Initiative In Shaping Central And Eastern Europe, Ian Murphy

Graduate Research Conference (GSIS)

The Three Seas Initiative (TSI) is a relatively new political and economic platform aimed at enhancing connectivity and infrastructure development in Central and Eastern Europe (CEE). This initiative seeks to address the region’s historical underdevelopment and lack of north-south connectivity. This paper examines the role of the TSI in the context of a changing geopolitical landscape, where Russia and China are increasingly seeking to exert influence. The central research question is: Does the TSI represent a fundamental shift in the CEE region, and how can it foster interdependence while mitigating the risk of conflict? I argue that the TSI signifies …

Borderplex Business Barometer, Volume 9, Number 3, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Montana Agritourism In 2024: Opportunities And Challenges In A Changing Landscape, Glenna Hartman, Elena Bigart, Ava Worbets, Hilary Faxon, Melissa Weddell

Institute for Tourism and Recreation Research Publications

Agritourism is a growing industry that offers Montana’s farmers and ranchers an opportunity to supplement their income, preserve agricultural heritage, and foster public engagement with rural communities. With Montana’s rich agricultural history, expansive landscapes, and growing tourism sector, agritourism is uniquely positioned to thrive, benefiting both producers and local economies. This report highlights the opportunities, challenges, and future potential of agritourism in Montana, based on research and survey data from farmers, ranchers, and community stakeholders.

Oshtemo Township Housing Plan 2023, Emily Petz, Dakota Mccracken, Gerrit Anderson, Lee Adams, Brian Pittelko

Reports

No abstract provided.

How Even Luxury Housing Can Help Solve The Housing Shortage, Kathleen Bolter

Reports

No abstract provided.

Borderplex Business Barometer, Volume 9, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Highlights Of The Borderplex Economic Outlook To 2026, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Montana Resident Report: In-State And Out-Of-State Travel Q2 2024, Carter Bermingham, Megan Schultz, Matthew Pettigrew, Jayce Beck

Institute for Tourism and Recreation Research Publications

A summary of Montana residents’ self-reported travel behavior, both in-state and out-of-state, for 2024.

Gig Economy Sebagai Sumber Ekonomi Baru Penduduk Kelas Menengah Di Jakarta, La Ode Ahmad Arafat, Siectio Dicko Pratama, Rizal Rahadiana

Jurnal Ekonomi Kependudukan dan Keluarga

The weakening purchasing power of the middle class in Jakarta due to income stagnation and rising prices has encouraged the search for additional sources of income. The gig economy, which offers flexibility and higher income opportunities, is a potential alternative. This study aims to analyze the characteristics of middle-class workers and gig workers and measure the potential of the gig economy in increasing income. Analysis of the 2023 National Labor Force Survey (Sakernas) shows that 82.42% of Jakarta workers are middle class, the majority of whom have a high school education with an average income of 4.8 million rupiah per …

Resident Participation Survey, Regional And Economic Planning Services, W.E. Upjohn Institute For Employment Research

Reports

No abstract provided.

The Cashew Nut Industry In Mongu District: Origins, Development, And Impact, 1972–2011, Namushi Situtu

Zambia Social Science Journal

This article explores the contribution of the cashew nut industry to the economic development of Mongu district. The industry was introduced in Mongu district after the Zambian government embarked on the creation of agricultural schemes to reduce the economic imbalance, inherited from the colonial government, between urban and rural areas. The new United National Independence Party government, which came to power in 1964, wanted to develop rural areas through an improved peasantry class. This led to the establishment of agricultural schemes in various rural parts of the country. Due to the sandy terrain of Mongu district, the cashew nut industry …

Research Report: Confidence In Institutions, Heather Akin, Cheryl A. Burkhart-Kriesel, Mary Emery, Katelyn Larson, Bradley D. Lubben, L. J. Mcelravy, Rebecca J. Vogt

Nebraska Rural Poll

This report details 943 responses to the 2025 Nebraska Rural Poll, the 30th annual effort to understand rural Nebraskans’ perceptions. Respondents were asked a series of questions about their confidence in institutions. Trends for some of the questions are examined by comparing data from the 2017 Poll and 2021 Poll to this year’s results. In addition, comparisons are made among different respondent subgroups, that is, comparisons by age, occupation, region, etc. Based on these analyses, some key findings emerged:

• Rural Nebraskans’ confidence in many institutions did not change much during the past eight years. However, more rural Nebraskans have a …

Research Report: Insights Into Community, Heather Akin, Cheryl A. Burkhart-Kriesel, Mary Emery, Katelyn Larson, Bradley Lubben, L. J. Mcelravy, Timothy Meyer, Rebecca J. Vogt

Nebraska Rural Poll

Rural Nebraskans are more positive about the current change in their communities this year but are less positive about its future. Starting three years ago, the proportion believing their community changed for the worse was more than the proportion believing it had changed for the better (similar to what occurred in 2003 and 2009). However, last year that trend reversed back to the typical pattern and continued this year. This year, more people believe their community has changed for the better than has changed for the worse. When asked about what they expect ten years from now, this year more …

Borderplex Business Barometer, Volume 9, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Electric Commuter Rail Access In Residential Communities: A Hedonic Analysis Case Study Of Nonmarket Value Creation, Catherine A. Sunding

Scripps Senior Theses

This study quantifies the price impact on houses of a new electric commuter rail line outside of Denver, Colorado. I find a negative price impact corresponding to increased accessibility and proximity of homes to the rail stations due to the negative externalities associated with the track. I also discover an even larger negative price impact of the rail stations in the years before the stations opened to the public, indicating possible endogeneity in the location of the rail line. I attempt to account for this endogeneity using instrumental variable analysis due to a limitation of house pricing data before 2016.

Impact Of Parental Involvement On Children’S Mental Health, Syeda Tasnime Kabir

Electronic Theses and Dissertations

This study estimates the causal effect of parental involvement on the mental health of primary school children in Bangladesh. Using an instrumental variables strategy that leverages local parental involvement norms, I find that increased parental involvement significantly reduces cognitive and emotional difficulties. Notably, I find that the protective effect of parental involvement varies by socio-economic context, showing weaker effects for children of mothers who married at an older age and those whose fathers live outside the household, but stronger effects in joint families. Furthermore, I identify two key mechanisms underlying these effects: accommodating parenting style and improved household hygiene practices. …

When Dollar General Comes To Town, Benjamin Williams

ENGS 15.11: Design and Education

Since 2008, Dollar General has grown from 8,222 to 18,130 locations, becoming a staple of rural communities across America. These discount stores have had, and continue to have, a widespread impact on these communities. This lesson aims to inform students of these impacts, while also addressing how towns are responding to the entrance of Dollar Generals. The lesson will equip students to consider the different perspectives involved in this trend. Key concepts that will be discussed include food deserts, rural transportation difficulties, labor costs, and pricing competition.

The Demand For Educational Functions Of Study Tour Products: From Students’ Perspectives, Yaqi Yu, Azizan Marzuki

Journal of Educational Technology Development and Exchange (JETDE)

Few academic studies have comprehensively examined the actual demands of students regarding the educational function of study tours. This paper develops a demand index system based on three dimensions: cognitive, affective, and behavioral demands. A questionnaire survey was administered to 397 students. Initially, student demands were categorized using the Kano model. Subsequently, the “dependence” and “expectancy” characteristics were analyzed through the dissatisfaction index (DI) and satisfaction index (SI). The impact of fulfilling each demand on dissatisfaction and satisfaction levels was then determined. The results indicated that among the three dimensions, there were 7 must-be demands, 6 one-dimensional demands, 8 attractive …

Simplified Regional-National Dsge Models For U.S. State-Level Analysis, Michael Telkamp

Electronic Theses and Dissertations

This thesis develops a series of simplified Dynamic Stochastic General Equilibrium (DSGE) model variants to analyze macroeconomic dynamics at the U.S. state level. Using South Dakota as a case study, I extend the Smets and Wouters (2007) mediumscale framework by implementing state-specific output, labor, consumption, investment, and wages into a dual-economy structure, where the state is modeled as a closed economy influenced by national-level shocks. The models are estimated using Bayesian techniques on quarterly data from 2007 - 2020. Model performance is evaluated through impulse response functions and variance decompositions. A key result is that South Dakota exhibits firm habit …

Mengurai Dimensi Kemiskinan Di Riau: Pendekatan Multidimensional Dan Dampaknya Pada Pembangunan, Any Widayatsari, Harlen Harlen, Desi Damaiyanti, Misdawita Misdawita

Jurnal Ekonomi dan Pembangunan Indonesia

Poverty issues have always been in the world spotlight. Monetary poverty measurements are considered only to be able to capture a small part of the various poverty issues, so measurements involving multidimensions are needed. This study attempts to measure poverty based on multiple levels of deprivation experienced by people in Riau Province. This study uses aspects of health, education, and standard of living. The results of the study show that all indicators simultaneously have a significant impact on monetary poverty. These indicators are calorie and protein consumption, length of schooling, school sustainability, and housing-related indicators. In addition, differences were also …