I will likely modify this some
These readings are intended to generally
align with the week of instruction.
Week 1.
W. Schaffer, Regional Impact Models. Chapters 1 - 3 Link
Class handout from R. Shaffer and from Bendavid-Val
There is also a summary of economic base at
this FSU web address: Link
Week 2.
W. Shaffer, Regional Impact Models. Chapter 4 (use the
link above).
Andrew Krikelas,
Why Regions Grow (this is Chapter 3,
Appendix A in W. Schaffer, above) Link
R. Froeschle, The Role of Economic Base Analysis in Regional Economic
Development: Link
Short piece by Scorsone
on Economic Base and Community Development: link
Assignment
1 distributed
Week 3.
Assignment 1 due
Miernyk, The
Elements of Input Output Analysis, Chapters 1 – 2. Link
W. Shaffer, Chapters 5 and 6 (use the link
above)
Suggested: National Economic Measurement
(BEA): Link
Week 4.
Hastings & Brucker.
An Introduction to Regional Input Output Analysis (Class handout)
Suggested: Concepts and Methods of the U.S.
Input-Output Accounts (BEA) Chapters 1 and 2 only: Link
W. Shaffer, Chapter 7.
Week 5.
Swenson,
An Introduction to Economic Impact Assessment: Link
Learning to build a condensed I-O model
Assignment
2 distributed
Week 6.
Assignment
2 due
Examples
of relatively recent impact analyses or analysis evaluations by me:
Swenson, The Regional Economic Impact of the Red Rock Hydroelectric
Project, Link
Swenson, An Evaluation of the Regional and Local Economic Values of
the Thomson Correctional Center, Link
Swenson, An Evaluation of the Economic Value of the Iowa Speedway to
the Jasper County Economy, Link
Swenson, An Itemization of Regional Economic Impacts from the
Construction and Operation of an Intermodal Transportation Center in Dubuque,
Iowa, Link
Swenson, The Economic Impact of Manufacturing in the Marion County
Economy: An Assessment of Area Inter‐Industrial Linkages, Link
Swenson, The Economic Impact of the Iowa Caucus:
Gauging the Worth of Its First‐in‐the‐Nation
Position? Link
Swenson,
The Economic Impacts of Iowa State University, Link
Swenson, Misunderstanding Retail Multipliers: Link
Swenson, Buying Locally in Johnson County, Iowa: An
Import-Substitution Economic Impact Assessment, Link
Swenson,
Input-Outrageous, The Economic Impacts of Modern
Biofuels Production, Link
Swenson, An Analysis of the
Economic Impacts of the Iowa Bioprocessing Center in
Eddyville, Iowa, Link
Swenson, Confessions
of an input output modeler: Link
Week 7.
Learning to Build a Big IO Model workshop session.
Assignment
3 distributed
Week 8.
Using
Multiplier Tables as convenient shortcut to impact modeling
RIMS II Users Manual.
Link
Wrapping
up input output analysis – dos, don’ts and duhs.
Swenson,
Understanding biofuels economic impact claims. Link
Cedar Rapids Convention
Center Impacts (Audio file). Link
Assignment
3 due
Class discussion of reports.
Week 9. Using
input output data for community development and assessment.
o
Labor force dynamics
o
Fiscal impact
modeling
o
Examples: Buy local
analysis
o
Examples: Industrial
targeting and cluster assessment
WSJ, A Stadium's
Costly Legacy Throws Taxpayers for a Loss.
Link
Shields,
Using economic impact models as educational
tools. Link
Swenson and Eathington, A manual for community and fiscal impact
modeling systems (pp 1 – 18 only). Link
Swenson,
Measuring the economic impacts of buy-local
campaigns. Link
Weeks 10 - 15 Introduction to Welfare Economics and justifications
for evaluating public choices.
·
Readings:
·
This
will be the main text. Link
·
Garrett
and Leatherman, An Introduction to State and Local
Finance: Cost Benefit Analysis. Link
·
Portnoy,
Benefit Cost Analysis. Link
·
Pogue
and Sgontz, Techniques of Economic Policy Analysis
(handout)
·
A very
good summary / speech by Gramlich. Link
·
Readings
– I am going to post several case studies (these are starters, I might
post more):
·
Limits
to cost effectiveness
1.
An introduction to Government’s roles
in the economy (Generally, read Gramlich Chapters 1- 4 over the next two weeks)
a.
Public
project evaluation basics and histor
b.
The
concepts of welfare economics
c.
Market
failures and government roles
2.
Introduction
to benefit cost analysis
a.
The
time value of resources
b.
Finalizing
our benefit cost structure
3.
Cost
effectiveness analysis
a.
Non-monetary
evaluation methods
b. Last assignment on BCA and cost effectiveness
4.
Understanding
contemporary evaluation issues
a.
Limits
to economic analysis of public projects