Search results

AbstractThis research adapts the Neyman‐Pearson testing protocol commonly used in biomedical research for ex post evaluation of the employment impacts of new ethanol bio‐refineries in the U.S. Great Plains and the Midwest. By calculating the power of the test, the suggested protocol may provide policy‐relevant information, even in the event of nonsignificant findings. The main obstacle to applying this protocol has been the need to posit an explicit alternative distribution, which runs counter to the empiricist tradition of mainstream econometrics. We resolve this problem by applying a data generating process with known parameters anchored to sample data to compute power.

ABSTRACTThe effects of migrating seniors on the provision of local public services in rural communities is growing in importance because of the large number of retiring baby boomers and the increasing rate at which these retirees are locating outside traditional retirement destinations. Some communities are optimistic about attracting and retaining retirees as an economic development strategy, but others are concerned that inmigrating seniors may be reluctant to support local public services, such as education, bringing with them "Gray Peril." This article attempts to clarify questions regarding the Gray Peril hypothesis and local ability and willingness to fund education in Tennessee, an increasingly popular retirement destination. To this end, county per pupil education expenditure growth is explained by growth trends in local property tax assessment and sales tax revenue, and migration patterns of the retirement‐aged population from 1962 to 2002.

AbstractOur research evaluates and compares the effects of three land‐related policies on land development in a sprawling metropolitan area during a real estate boom and a recession. Our findings suggest that during a real estate boom 1) the urban growth boundary (UGB) serves its purpose of attracting urban development inside the given boundary during a boom while its effectiveness diminishes with increased development pressure from lower‐valued land outside of the UGB during a recession period, 2) the agricultural zone works well for restraining new development during a boom period while agriculture zoned parcels are more likely developed during a recession period, and 3) an increase in the land‐value tax bill increases the incentive for development during a recession period while higher tax bills do not affect development during a boom period. In anticipation of a re‐emergence of urban sprawl with the recovery of the real estate market, our findings imply that land planners and others concerned with sprawling development should pay more attention to development in sprawl‐prone areas during recession periods.