Results from the analyses indicate that repealing the 7 percent grocery tax would produce modest gains in grocery sales but major increases in the purchases of other goods and services. Revenues from the sale of additional groceries would be exempt from taxes, thus producing only employment and...

Two competing hypotheses on market structure and performance of firms are the traditional structure-conduct-performance (SCP) paradigm and the efficiency structure hypothesis. This paper reveals the profits made by firms in the trucking industry were because of greater efficiencies than their...

Economic developers and government officials must understand the importance of agriculture and incorporate it into a comprehensive economic development plan for rural areas. Agriculture adds ambience to the local area making it attractive for farm-related tourism development.

Evaluating the Economic Impact of Festivals and Special Events: Lessons From the 32st Annual Peter Anderson Arts and Crafts Festival in Ocean Springs, Mississippi Background: Festivals are an integral part of the economies of most communities in Mississippi. The economic benefits of festivals...

With the use of this dynamic spreadsheet model, tourism managers can gain valuable insight into tourism and special events. This insight can help them plan future events or evaluate whether the costs of producing these events are justified by the benefits. Visitor spending from outside the...

A multiple regression was performed on 37 years of data to determine the impact of raising the tobacco tax on cigarettes by $.24 per pack on cigarette sales in Mississippi. The t-statistic for the slope was significant at the .05 critical alpha level, t(29) =1.69 and p=.05. Thus, we conclude...

This study evaluates the impact of hurricanes Katrina and Rita on the agribusiness industry and related sectors in Mississippi. Input-output analysis was used to determine the economic impact of these disasters on the Mississippi agribusiness sector and related sectors in the state's economy.

This study evaluates the consequences of financial variables on the efficiency of Class I railroads in the United States for the period 1996-2006. A panel stochastic frontier analysis is used to simultaneously estimate the stochastic frontier model and financial ratio model with output and...

Recreation and tourism associated with collegiate bass tournaments can play a major role in local economic development as the dollars anglers and tournament organizers spend work their way through the economy. Spending associated with these events show the interest by participants and economic...

Dynamic shift-share analysis reveals that national growth effects were positive while industrial mix, competitive, and allocation effects were negative. Results also show the time(technology) variable were significantly and positively related to the competitive effects for coal, chemical...