Economic Impact Studies: Practical Tips & Examples - Lynn Vaccaro
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Economic Impact Studies: Practical Tips & Examples - Lynn Vaccaro
- 1. Economic Impact Studies: Practical Tips & Examples 9:00 Estimating the Number of Great Lakes Jobs Lynn Vaccaro Michigan Sea Grant 9:15 Quasi-Experiments in Empirical Economics: An Application to Extreme Levels of Lake Michigan Michael Moore University of Michigan 9:30 Recreational Fisheries: Using Customer Surveys to Assess Economic Impacts Dan O’Keefe Michigan Sea Grant Extension 9:45 Estimating the Benefits of Great Lakes Restoration Jennifer Read Michigan Sea Grant 10:00 Words of Advice, Discussion Chi-Ok Oh Michigan State University
- 2. Estimating the Number of Great Lakes Jobs Lynn Vaccaro Coastal Research Specialist Jennifer Read Assistant Director and Research Coordinator
- 18. Estimating the Number of Great Lakes Jobs Lynn Vaccaro [email_address] www.miseagrant.umich.edu/economy
Editor's Notes
- Cooperative program between um, msu, and noaa Extension through msu Communication and education through um Research through competitive grants program to all michigan universities
- Cooperative program between um, msu, and noaa Extension through msu Communication and education through um Research through competitive grants program to all michigan universities
- Michigan Sea Grant Program Review, April 15, 2010
- For all states except Michigan, jobs must be in specific industries and in a coastal county to be considered connected to the Great Lakes. In Michigan, jobs in a few sectors are connected to the Great Lakes even if they are located in inland counties, specifically within mining, manufacturing, science and engineering. Michigan became a manufacturing hub because of its access to the Great Lakes and, unlike other states, the Great Lakes remain Michigan’s primary water transportation route for iron ore, coal, stone, grain and heavy machinery. Michigan Sea Grant Program Review, April 15, 2010
- This analysis is based on the most recent annual estimates (2009) for county employment from the Bureau of Labor Statics' Quarterly Census of Employment and Wages and Occupational Employment Statistics programs. We reviewed over 1,000 industry categories and identified 67 that could be connected to the Great Lakes. Some of the industries included and excluded within a sector are listed to the right. Michigan Sea Grant Program Review, April 15, 2010
- Michigan Sea Grant Program Review, April 15, 2010
- Michigan Sea Grant Program Review, April 15, 2010
- Michigan Sea Grant Program Review, April 15, 2010
- Explanation: Water used for cooling , drinking water, waste treatment Michigan Sea Grant Program Review, April 15, 2010
- Michigan Sea Grant Program Review, April 15, 2010
- Historically, industries developed in areas with abundant natural resources and inexpensive transportation, like the Great Lakes. However in the new economy, people and businesses are more mobile and they are locating in areas with a high quality of life, attractive urban areas and abundant recreational opportunities. Water is huge draw for people –coastal trails, clean beaches and waterfront businesses add tremendous value to both metropolitan and semi-rural areas. Unless we protect and restore our best environmental asset –the Great Lakes –we will not be able to retain and attract strong new businesses and great human resources.