Rural Transit Services: A Local Economic and Fiscal Impact Analysis

Author(s):  
Zhong-Ren Peng ◽  
Arthur C. Nelson

Rural transit services are generally considered a tool to alleviate immobility for the elderly, the handicapped, and the carless and a form of income redistribution to them from society at large. But their economic impacts on local economies and governments are seldom realized and quantified. This study estimates two important transfer impacts of rural transit service on local (county) economies and governments in Georgia: the overall economic impacts and the fiscal revenue impacts. This study analyzed economic benefits of three major transit rider types in rural Georgia: elderly riders, work trip riders, and school trip riders. It found that rural transit services have a significant and positive economic impact on the local economy, indicating that, in addition to providing mobility and accessibility to the transportation disadvantaged, rural transit services promote local economic development. The fiscal revenue impact of rural transit service varies depending on the availability and the amount of federal transit subsidy. If the current level of federal transit subsidy continues, the fiscal revenue impact is positive and is larger than 1.0 for the state as a whole. It shows that providing transit service can bring positive fiscal revenues to local governments, realizing that some fiscal revenues are transferred from the federal government. Without federal transit subsidies, local governments would need to pay for all the costs. The revenue impact thus would become smaller yet still positive and greater than 1.0.

The university is considered one of the engines of growth in a local economy or its market area, since its direct contributions consist of 1) employment of faculty and staff, 2) services to students, and supply chain links vendors, all of which define the University’s Market area. Indirect contributions consist of those agents associated with the university in terms of community and civic events. Each of these activities represent economic benefits to their host communities and can be classified as the economic impact a university has on its local economy and whose spatial market area includes each of the above agents. In addition are the critical links to the University, which can be considered part of its Demand and Supply chain. This paper contributes to the field of Public/Private Impact Analysis, which is used to substantiate the social and economic benefits of cooperating for economic resources. We use Census data on Output of Goods and Services, Labor Income on Salaries, Wages and Benefits, Indirect State and Local Taxes, Property Tax Revenue, Population, and Inter-Industry to measure economic impact (Implan, 2016).


2018 ◽  
Vol 28 (1) ◽  
pp. 66-73 ◽  
Author(s):  
Chanjin Chung ◽  
Tracy A. Boyer ◽  
Marco Palma ◽  
Monika Ghimire

This study estimates potential economic impacts of developing drought- and shade-tolerant bermudagrass (Cynodon dactylon) turf varieties in five southern states: Texas, Florida, Georgia, Oklahoma, and North Carolina. First, estimates are provided for the market-level crop values of the newly developed two varieties for each state. Then, an economic impact analysis is conducted using an input–output model to assess additional output values (direct, indirect, and induced impacts), value added, and employment due to the new varieties. Our results indicate that the two new varieties would offer significant economic impacts for the central and eastern regions of the United States. Under the assumption of full adoption, the two new products would generate $142.4 million of total output, $91.3 million of value added, and 1258 new jobs. When a lower adoption rate is assumed at 20%, the expected economic impacts would generate $28.5 million of output, $18.3 million of value added, and 252 jobs in the region. Our findings quantify the potential economic benefits of development and adoption of new turfgrass varieties with desirable attributes for residential use. The findings suggest that researchers, producers, and policymakers continue their efforts to meet consumers’ needs, and in doing so, they will also reduce municipal water consumption in regions suited to bermudagrass varieties.


2019 ◽  
Vol 10 (6) ◽  
pp. 22
Author(s):  
Sundaram Nataraja ◽  
Robert Peterson

The purpose of this study is to analyze the direct economic impacts of the world’s top five busiest airports in 2018 as they contribute to the economic well-being of the larger communities they serve. This study uses a descriptive case-study methodology since the direct economic impacts of the world’s top five busiest airports are going to be studied in a case-by-case with an intention of reporting the research findings that are not related to specific variables. Amongst the 17,678 commercial service airports in the world, Hartsfield-Jackson Atlanta International Airport (USA), Beijing Capital International Airport (Peoples Republic of China), Dubai International Airport (United Arab Emirates), Los Angeles International Airport (USA), and Tokyo Haneda International Airport (Japan) have been ranked respectively as the top five busiest airports in the world on the basis of passenger volume handled in 2018. The research findings indicate that these airports have tremendously benefited their respective communities in terms of employment generation, income generation, and total direct economic impacts. These airports have generated a total of $181.4 billion worth of direct economic benefits to their respective communities and regions.


Author(s):  
I. Bovsunovskaya

The purpose of this article is a theoretical and methodological analysis of the development of the institution of partnership of power, business and community as a mechanism for increasing the capacity of the united territorial communities to resolving of local issues. The main сonclusions and results of the research are used in the educational process in the development and teaching of normative and special courses "Economics and Governance" and "Decentralization and Development of Territorial Communities" at the Tavrida National V. I. Vernadsky University for the students of the Master's program "Public Management and Administration". The concept of the capacity of the territorial community as an ability to perform the functions entrusted by the legislation directly to the community and local self-government authorities with regard to ensuring its life and development is defined. The configuration of the capacity of the territorial community has been substantiated, its components (internal and external capacity) have been clarified. The functioning of the institution of partnership between the authorities, the private sector and the community is considered as an important part of the capacity of territorial communities to decide local issues. It is proved that strengthening the local economy, the competitiveness of the territories, increasing investment and improving the quality of life requires understanding of the processes of local economic development and taking strategic action in a changing, and increasingly competitive, market economy. It has been determined that the role of the state as an important participant in partnership with local governments, with territorial communities and the private sector is becoming more and more significant. The main results of this article can be applied by public authorities, local government authorities, research centers and institutes, and higher educational institutions.


1999 ◽  
Vol 75 (1) ◽  
pp. 121-127 ◽  
Author(s):  
Janaki R. R. Alavalapati ◽  
William White ◽  
Mike Patriquin

Economic impacts of a reduction in the annual allowable cut and in the price of forest products on the Foothills Model Forest regional economy are examined. A two-sector computable general equilibrium model is developed for the region to do this task. The results indicate that these changes cause significant negative impacts on the forest sector and on the local economy. Results show that other sectors of the economy will expand in response to the above changes in the forest sector. However, the expansion cannot offset the reduction in the forest sector and thus local communities sustain reduction in their income. The results are sensitive to the assumptions about markets for factors. Key words: economic impact analysis, CGE modeling, regional economics, community stability


2021 ◽  
Vol 233 ◽  
pp. 01152
Author(s):  
Gu Jijian

China's economic development is disconnected, not only between local governments, but also the local and the central government. Because of the performance appraisal and the status quo of political power structure, grassroots governments and local interest groups must be closely connected, and at the same time, they also form an alliance with the local bank branches that did not belong to any of the above branches, forming a trilateral conspiratorial economic development model. This model has far-reaching and perilous impacts on local economic development.


2020 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
I Gusti Ayu Purnamawati ◽  
Gede Adi Yuniarta

The efforts to realize gender equality through the work of Balinese women were built from the endek weaving sub sector as an icon in several regions in Bali Province like Klungkung. This study was aimed at finding out the evaluation of women empowerment management models in order to strengthen the local economy in which local governments were involved in encouraging, stimulating, maintaining business activities to create jobs. The successful implementation of the model was expanding opportunities for small communities in employment and business opportunities; expansion for the community to increase income; the empowerment of micro and small business institutions in the production and marketing process; and institutional empowerment of partnership networks between government, private sector, and local communities.


2020 ◽  
Author(s):  
Yi Zheng

Abstract The economic benefits and spillover effects from FDI could lead accelerating the innovation of local economy and technological concept, which make it welcome in underdeveloped countries' authorities. This paper focuses on the entry and exit mechanism of FDI in 31 provinces of China from 2001 to 2016. The optimized diamond model associated with multi-theoretical cooperation is adopted to set up the regional competitiveness configuration for attracting FDI. It revealed that FDI attempts to enter regions with certain economic basis and favorable government conditions; but if the market fluctuates, even if there are favorable policy conditions, FDI will restructure because of their profit-seeking. Based on the conclusions, local governments can use the minimum resources to attract FDI in appropriate circumstances, and can optimize policies in time when it is not suitable for the entry and maintenance of FDI, so as to focus on develop local markets.


2019 ◽  
Vol 243 ◽  
pp. 611-634 ◽  
Author(s):  
Peng Wang ◽  
Xia Yan

AbstractThis article presents a qualitative empirical study of the impact of corruption and anti-corruption on the efficiency of China's bureaucratic system in developing a local economy. Drawing on 40 in-depth interviews and 98 days of participant observation, it first investigates the significance of extravagant position-related consumption in building personalized bureaucratic ties (patronage networks) and mobilizing resources for local economic development. It then examines the causal link between President Xi's campaign against corruption and extravagance and the rise of bureaucratic slack in local governments. The anti-extravagance campaign reduces the level of corruption in local government but it discourages local officials, who are motivated primarily by the desire to avoid risk and ensure political survival, from using banquets and gift-giving to build patronage networks, attract investment and mobilize development resources. The article concludes that corruption may contribute positively to the efficiency of a fragmented Chinese bureaucracy in fostering development at the local level, while the anti-corruption campaign compels local cadres to develop a new coping strategy – bureaucratic slack – for implementing policies and developing local economies.


TRIKONOMIKA ◽  
2019 ◽  

The aim of this research was to provide the evidence of economic benefits resulted from development of APT Pranoto airport towards East Kalimantan which will strengthen the support of the development of the new airport from various stakeholders. This research applied input-output, analysis to estimate the economic impact i.e impact of expenditure on construction phase. Direct impact includes the increase in gross value added as well as income from tax payment and create new employment. Indirect impact includes increase in capital spending of the workers and more money circulated within the area of East Kalimantan. This study conclude that there are direct and indirect impacts from APT Pranoto airport during construction phase within the period of 5 years. The findings can be used to emphasize APT Pranoto Airport Project in gaining funding and acceptance from local economy.


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