1,721,042 research outputs found
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The impact of rising energy prices on the poor over time in the United States.
Get PDFPolicy makers and households are concerned about the impact of rising energy prices on low-income households. In a trend starting in the 1970s, low-income households are spending an increasingly disproportionate share of their income on home energy. The burden on a household imposed by energy prices can be analyzed through four factors: energy price, energy consumption, income level, and level of assistance provided to help with the costs of energy. The combination of these factors indicates that the energy burden is continuing to be disproportionately large for the nation's poor. Therefore, policy makers make further efforts to alleviate this burden by modifying energy pricing regulation
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Plan Types and Their Effect on Retirement Patterns
Get PDFIn 1993, 38.9 million people were covered by a 401(k) plan, up from 7.1 million in 1983. The rapid growth of 401(k) and other defined contribution pension plans may alter retirement patterns of older workers. Previous research showed that the spread of defined benefit plans, with sharp age-related incentives first discouraging and later encouraging retirement, contributed to the early retirement trend of past decades. Defined contribution plans differ along several dimensions, especially in their smooth rate of pension wealth accrual. Data from the Health and Retirement Study show that retirement patterns have begun to change as defined contribution plans have spread. Estimates indicate that the financial incentives in defined benefit pensions lead people to retire almost two years earlier, compared to people with defined contribution plans
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A Test For Structural Change In Productivity: A Look At The Internet
No full textIt is said that there is a "productivity paradox" existing in the workplace meaning there are no net benefits from information technology spending. This paper attempts to answer the question as to whether there is a need to account for a change in the growth rate of productivity after the Internet was opened up to commercial use. Using the Chow Test for structural change I concluded that there was indeed a positive change in the growth rate of productivity beginning in the early 1990s that can be associated with increasing Internet usage
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The Restructuring of the Electric Power Industry in California and in Texas: An Examination and Comparison of Deregulation as Legislated
Get PDFCalifornia legislated the restructuring of its electric power industry in 1996. Deregulation was successful until 2000 when crisis, caused by a number of outside forces and flawed legislation, sent wholesale electric prices skyrocketing. Restructuring of the electricity sector in Texas occurred in two phases. The first phase began in 1995, when wholesale markets were opened to competition; the second phase began June 18, 1997, when the 1999 Texas Electric Choice Act, was signed into law. Deregulation has largely been successful in Texas. This analysis examines the legislation of these states and how they differed, setting the stage for one unsuccessful and one successful move to retail competition in the electricity industry
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Microfarms
Get PDFThis study describes the role of rural women and their importance in the success of microfarm projects. Microfarm cultivators can increase their income levels through trade of agricultural products. By adopting self-sustaining methods, the cultivator saves money and does not need to rely as much on goods and services from outside resources to increase food production efficiencies in microfarms. This goal can be reached in part through careful planning and construction of the microfarm facility. In addition, in developing phases of the microfarm, the external resources may possibly be a mechanism to increase expansion and knowledge. Microfarms are an important option for the third world countries and poor people worldwide
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The Production Effects of Protectionist Announcements: An Examination of the Steel Industry
No full textThe well-being of the American steel industry is vital to the overall health of the United States (U.S.) economy. This belief is, in part, the impetus for the enactment of protective tariffs and quotas. This paper examines the impact of the announcement of the 2001 tariffs. Numerous forces have buffeted the U.S. steel industry over the last decade. Domestic steel firms operate in a highly global, fiercely competitive, and capital-intensive industry. This environment has proven inhospitable to the U.S. steel industry, widely criticized for inefficiency and overcapacity. A regression analysis finds that the announcement of the 2001 tariffs had no statistically significant impact on U.S. domestic raw steel production. Supporting theories are reexamined, and the implications of this finding for trade policy are explored
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Long-Term Impact of Mega-Sport Events on the Host Region
No full textThe purpose of this paper is to analyze and identify the major factors that determine the success or failure of mega-sports events. The report begins with a discussion of why localities are willing to invest large sums of public monies in infrastructure and services to host these events. This is followed by a review of the methods used to assess the economic, fiscal, and social impacts of hosting large sporting events. It is observed that comprehensive analyses of the impacts of these events are not undertaken. Finally, the major factors that affect the success of these events are discussed along with suggestions for improving studies evaluating success or failure
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Mercado de Fort Worth: Issues and Opportunities
No full textThe Mercado de Fort Worth is a commercial area located between downtown Fort Worth and the "stockyards" entertainment district in a Hispanic neighborhood. Many of the buildings are vacant and in need of renovation. To promote area development, the City of Fort Worth has encouraged property owners to create a market area of Mexican-theme restaurants and shops. Property owners have expressed concern about potential returns on renovation investments. This study provides property owners with information regarding several similar projects across the country.
The report finds that basic economic and site location principles are the main determinants of project success. The report also reviews local business training and assistance resources. Finally, the report provides information regarding "historic" building designations and associated tax incentives available to property owner
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Economic Impact of Hospitals: the Case of Baylor Regional Medical Center at Grapevine.
Get PDFThis report analyzes the economic impacts of the Baylor Regional Medical Center at Grapevine, Texas. The economic impacts are analyzed using the IMPLAN impact modeling system developed by the Minnesota IMPLAN Group. The analysis evaluates construction activities by Baylor-Grapevine as well as procurement spending and employment. Additionally, the impact of ancillary facilities surrounding Baylor-Grapevine and the impact of patient visitor spending is also reviewed. Total recurring impacts of procurement spending at Baylor-Grapevine, employment at Baylor-Grapevine and its ancillary facilities, and visitor spending will generate over 138 million in annual earnings
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Analysis of Japanese Exports and Imports of Rice
Get PDFThis research shows that the Japanese rice policy has affected the volume of exported and imported rice; moreover, multilateral and bilateral agreements have also affected Japanese rice policy. Japan's institution of subsidies and trade barriers has made its rice products too expensive for foreign trade and its domestic consumers. Since the WTO agreement has forced Japan to open its market gradually over six years, Japan may be unable to compete internationally because of its limited land, high labor costs, and the field utility fees
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