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Policy Briefs and Reports

2020

Las Vegas

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Full-Text Articles in Public Policy

The Economic Impact Of Covid-19: Rebuilding The Las Vegas Economy, Jaewon Lim Sep 2020

The Economic Impact Of Covid-19: Rebuilding The Las Vegas Economy, Jaewon Lim

Policy Briefs and Reports

This study analyzes the recent trends of monthly visitors to the Las Vegas-ParadiseHenderson, NV metropolitan statistical area (MSA) for the first five months of 2020. In addition, six scenarios for the seven-month period of June through December 2020 estimate the net loss of visitors to Southern Nevada and the impact for the state economy in terms of employment, income, the total value added (contribution to Gross State Product), output sales, and state and local tax revenues. The counter-factual scenario – projecting the regional economy if no COVID-19 outbreak occurred – serves as a baseline scenario that allows measurement of the …


The Las Vegas Medical District And The Unlv School Of Medicine: An Economic Analysis And Tax Revenue Study, Jaewon Lim, Robert E. Lang, Sabrina Wang Sep 2020

The Las Vegas Medical District And The Unlv School Of Medicine: An Economic Analysis And Tax Revenue Study, Jaewon Lim, Robert E. Lang, Sabrina Wang

Policy Briefs and Reports

In the 2011 report, “Unify, Regionalize, Diversify,” The Brookings Institution, SRI International, and Brookings Mountain West detailed Las Vegas’s experiences during and after the Great Recession, and identified the health and medical industry as a particularly potent opportunity for economic diversification – one that could improve health outcomes while also generating sustainable economic activity and high-quality jobs. The Las Vegas Metro medical industry began growing in 2006, grew during the Great Recession, and is expected to continue to grow for the next 10-year period spurred by the rapidly growing population in Southern Nevada. The establishment and launch of the UNLV …