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Energy policy research has historically emphasized federal policies to reduce greenhouse gas emissions. Reflecting this, economic modeling resources for state-level energy policy analysis is absent in most places. In this paper, we develop and apply a data-intensive computable general...
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It is widely recognized that small business is not only an important source of employment but is the genesis of virtually all successful large enterprises. Given their size and characteristic opaqueness, Small and Medium Enterprises (SMEs) tend to be more financially constrained than large firms...
Persistent link: https://www.econbiz.de/10013067046
This paper examines how amenities, asset indicators, and fiscal factors influence the growth in factors of production from 1972 to 1999 in the 466 non-metropolitan labor market areas in the continental United States. In developing our model of non-metropolitan factor markets, we combine the...
Persistent link: https://www.econbiz.de/10012731647
Site designation by the National Park Service conveys a unique set of signals to information-constrained potential visitors. Changes in designation thus offer natural experiments to evaluate the signaling importance of names. This paper estimates the visitation effect of the conversion of...
Persistent link: https://www.econbiz.de/10012711829
The ghost towns of the American West are both intriguing historical artifacts and reflections of unique economic forces at work. In this study we develop linked labor and housing market models balancing the wages, rents, and local amenities of isolated boomtown sites to better understand the...
Persistent link: https://www.econbiz.de/10014198758
The author uses a range of structural labor market models to understand differing regional jobless rates in a state affected by pockets of structural unemployment. Four theories of regional structural unemployment are presented, and their hypotheses are statistically evaluated using West...
Persistent link: https://www.econbiz.de/10014136693
Even during periods of moderated national joblessness, certain regions face stubbornly high unemployment. "Rust Belt" areas are often particularly affected and raise the question of whether such labor markets may not clear even in equilibrium. This article examines evidence from a panel data set...
Persistent link: https://www.econbiz.de/10014147065