scholarly journals The Economic Impact of the Mercedes Benz Investment on the State of Alabama

1999 ◽  
Vol 31 (2) ◽  
pp. 371-382 ◽  
Author(s):  
Ellene Kebede ◽  
Mudiayi Sylvain Ngandu

AbstractAs part of its strategy to attract new businesses, in 1994 the State of Alabama won the Mercedes Benz bid to establish an automobile assembly plant in Vance, Tuscaloosa County, Alabama at the cost of $222 to $253 million worth of incentives. The study assessed the economic impact of the Mercedes Benz investment using IMPLAN. The IMPLAN industry code 49, industrial construction, and industry code 384, motor vehicle, were used to project the impact of the investment for the construction and production phases respectively. The results from four scenarios indicated that the investment would generate sizable direct and indirect employment, income, output, and tax revenue for the state economy. From the estimated revenue, the pay-out period for the cost of the incentive would be from four to seven years. The scenarios also indicated that the increase in the volume of locally purchased automobile parts will increase the multiplier effects for the state economy. Currently, the direct benefits from suppliers accrue to other states with established suppliers networks. The finding also suggested a heavy concentration of the impact of Mercedes Benz plant in the north and northeast part of the state. These counties were also the beneficiaries of past agglomeration economies in terms of critical physical infrastructure and human resource development.

2017 ◽  
Vol 6 (3) ◽  
pp. 385-395
Author(s):  
Richard Cebula ◽  
James E. Payne ◽  
Donnie Horner ◽  
Robert Boylan

Purpose The purpose of this paper is to examine the impact of labor market freedom on state-level cost of living differentials in the USA using cross-sectional data for 2016 after allowing for the impacts of economic and quality of life factors. Design/methodology/approach The study uses two-stage least squares estimation controlling for factors contributing to cost of living differences across states. Findings The results reveal that an increase in labor market freedom reduces the overall cost of living. Research limitations/implications The study can be extended using panel data and alternative measures of labor market freedom. Practical implications In general, the finding that less intrusive government and greater labor freedom are associated with a reduced cost of living should not be surprising. This is because less government intrusion and greater labor freedom both inherently allow markets to be more efficient in the rationalization of and interplay with forces of supply and demand. Social implications The findings of this and future related studies could prove very useful to policy makers and entrepreneurs, as well as small business owners and public corporations of all sizes – particularly those considering either location in, relocation to, or expansion into other markets within the USA. Furthermore, the potential benefits of the National Right-to-Work Law currently under consideration in Congress could add cost of living reductions to the debate. Originality/value The authors extend the literature on cost of living differentials by investigating whether higher amounts of state-level labor market freedom act to reduce the states’ cost of living using the most recent annual data available (2016). That labor freedom has a systemic efficiency impact on the state-level cost of living is a significant finding. In our opinion, it is likely that labor market freedom is increasing the efficiency of labor market transactions in the production and distribution of goods and services, and acts to reduce the cost of living in states. In addition, unlike previous related studies, the authors investigate the impact of not only overall labor market freedom on the state-level cost of living, but also how the three sub-indices of labor market freedom, as identified and measured by Stansel et al. (2014, 2015), impact the cost of living state by state.


2010 ◽  
pp. 75-100
Author(s):  
Giuseppe Francesco Gori ◽  
Patrizia Lattarulo ◽  
Renato Panicciŕ

The purpose of the paper is to assess the impact of the Regional Mobility and Logistic Plan (RMLP) of Tuscany on regional growth and spatial disparities between the Tuscan provinces. In order to evaluate its economic impact, we first quantify the impact in terms of changes in travel time and variations in the cost of transportation per unit of delivered output. We then make use of the Remi-Irpet model. The latter explains the agglomeration economies and productivity differentials. We find that, despite the fact that the RMLP does not solve the structural problem of mobility within Tuscany, it does make it possible to get rid of some potential constraints for long-term regional growth, even if the economic impact across the provinces is disequalizing.


1997 ◽  
Vol 14 (3) ◽  
pp. 126-134 ◽  
Author(s):  
Jeffrey C. Stier ◽  
A. Jeff Martin

Abstract In 1989 the State of Wisconsin created the Lower Wisconsin State Riverway, a new and unique institution to preserve and protect the aesthetic and environmental quality of the Riverway corridor. Performance standards that were developed for the Riverway include restrictions on timber harvesting. The debate over this intrusion into the management decisions of private forestland owners has sparked controversy and calls for compensation. We examined the range and severity of the economic impact of the harvest regulations on forestland owners by simulating several restricted and unrestricted timber management scenarios. What one considers a "cost" of the regulations depends critically upon what it is assumed landowners would do in the absence of the regulations. We estimated these costs by measuring returns from regulated management against returns from two possible "benchmarks," one involving a diameter limit harvest and the other a selectively marked thinning. The economic impact is greater for the diameter limit alternative, and greater in the Bluff Zone along the ridge line where visual impacts are more easily seen from the river, than along the hillsides. The impact typically fell below the threshold of 20% of property value that is incorporated into most compensation proposals currently being debated in the state and federal legislatures. Two timber harvests that were exempt from the regulations came very close to meeting the performance standards. While the focus has been on the issue of compensation, the controversy basically is rooted in the deeper underlying differences in philosophy about where the balance lies between actions to promote the public interest and the rights of property owners to pursue their own interests. Measures of the cost of regulations cannot be expected to resolve these fundamental differences. North. J. Appl. For. 14(3):126-134.


Kochi-Muziris Biennale is an ecumenical carnival of voguish art held in Kochi Kerala. It is the biggest dexterity carnival and largest voguish art fiesta in Asia. Kochi Biennale foundation collaborating with government of Kerala have initiated the Kochi-Muziris Biennale. The display of voguish art is spread across Kochi, with manifestations being held in galleries, site specific installations in public area heritage buildings and disused structure. The impact of Biennale in the economy of Kerala is an important area for a research work. But in this study we tried to understand the socio - cultural and economic impact of Kochi- Muziris Biennale in the state of Kerala. The study is analytical in nature and data collected from different classes of employees’ from various sectors and also from public. Primary and secondary data are collected for the study. The primary data are collected with the help of standard questionnaire and different journals, magazines and periodicals are used as secondary data.


Author(s):  
I.B. Medytskyi

The article substantiates the necessity of obligatory consideration of criminological information on the consequences of motor crimes in order to increase the effectiveness of criminological and criminal legal policies. Criminologically relevant information on the consequences of motor vehicle crime is characterized by its incompleteness and fragmentation, without giving an idea of the true «price» of this variety for Ukrainian society. Through quantitative and qualitative analysis of the consequences of the phenomenon, the attention was paid to the scale and social danger of motor crime in modern conditions. Based on the analysis of statistical information of the courts and law enforcement agencies over the past five years, the level of road traffic injuries is outlined, the dynamics compared to the previous year is revealed, the characteristics of the victims of criminal offenses in the field of road safety and transport operation are specified, the size of the caused material and moral damage. In the criminogenic context, an analysis of the humanitarian (the number of dead and injured as a result of road accidents) and the socio-economic consequences of motorization in the country (the cost of human life and the total losses from road accidents). Existing approaches to determining the cost of human life and the overall level of losses to the state as a result of road accidents have been systematized. Taking into account the average life expectancy, macroeconomic indicators of the state development, the average age of those killed as a result of criminal violations of traffic safety rules or the operation of transport, and the number of victims, the total economic losses for the society for 2018 were determined. It has been stated that the practice of application by the courts of separate criminal law rules on crimes against traffic safety and operation of transport does not correlate with the declared Criminal Code of Ukraine for the purpose of punishment for the committed, as well as general and special prevention.


2021 ◽  
Vol 1 (50) ◽  
pp. 170-179
Author(s):  
Rabosh I ◽  
◽  
Khrutba V ◽  
Kobzysta O ◽  
◽  
...  

In recent years, the state of the road transport infrastructure in Ukraine has deteriorated significantly. With the process of urbanization and the expansion of the transport infrastructure, the ecological danger of the functioning of these strategically important objects increases, which requires effective methods of detailed study of the state of environmental components in areas of urban pollution in order to prevent negative consequences. Working with the problematic, using robots, we analyzed the methods to monitor the environmental situation around the road transport infrastructure for the development of recommendations for advancing efficiency. An algorithm for assessing the environmental situation around the objects of motor transport infrastructure is considered, based on monitoring the impact of these objects on the components of the environment and determining the main factors of this influence. The regularities and dependences of the influence of the motor transport infrastructure from the standpoint of environmental safety have been established. The indicators of pollution of the components of the environment in the study areas and methods of their production are analyzed. It has been concluded that a complex combination of chemical research methods with biodication is observable, makes it possible to analyze the effect of vehicles on various components of the environment (atmospheric air, soil and soil solutions, plants, animals, surface waters, etc.) and to establish the level of anthropogenic load. KEY WORDS: MOTOR VEHICLE INFRASTRUCTURE, ENVIRONMENTAL SAFETY, HARMFUL SUBSTANCES, POLLUTION


Afrika Focus ◽  
1991 ◽  
Vol 7 (3) ◽  
pp. 193-223
Author(s):  
John Eichelsheim

Regional Particularism and State Formation in Africa: The Diola in Southern Senegal and Their Relationship with Dakar In the French daily newspaper “Libération” of 819 september 1990 I read : “Reveil de la guerilla en Casamance. Two clashes occurred between the Senegalese army and MFDC guerillas on the 22th of august and the 4th of september; 16 soldiers and 24 guerillas were killed”. A morbid déjà vu. At the end of 1983, as I did my practical training in the town of Ziguinchor, in the south of Senegal, I witnessed some fierce clashes between the same participants, causing the death of some 200 people. How could this be happening in one of the most democratic states of Africa? Didn’t the political arena of some 16 different parties give enough room for oppositional currents? The answer must be negative, in some cases. In this paper I want to show the reader that the articulation of local organizational structures and development policies of a modem state can cause many problems. In this case the typical dynamics of the Diola society in southern Senegal and the specific way of state formation in Senegal after Independence form an explosive mixture. In the first part of the paper a description is given of the dynamics of the Diola society by portraying the organizational structures in Diola villages before the colonial period. Then, in the colonial period, due to new influences as a result of the contacts with foreigners, some local organizational structures are politicized. Among the Diola this process of politicizing took place on a very low level because the Diola society has all the characteristics of a segmentary society. Each village formed an autonomous unit headed by elders. The use of power lays in the hands of a group rather than in the hands of an individual. For this reason the Diola never fully participated in the political arena, not even after Independence. After Independence in 196O the regimes in Dakar tried to impose their authority in all parts of the new state. First Leopold Senghor and then Abdou Diouf strived to form an omnipotent political party. A party in which all regional, ethnic and professional currants would be represented. This became the Parti Socialiste (PS). In the traditionally hierarchically organized societies in the North and the East of the state this was done by encapsulating powerful individuals. Once they joined the party they would bring along many followers or dependants as new members. But in the segmentary Diola society those political leaders did not exist. Therefore some individuals were dropped in the region by the PS to represent the inhabitants. These strangers were given a lot of power in the region. But it should be clear that these “representatives” were not accepted by local people who had the feeling of being colonized for the second time. This time by fellow countrymen from the North For the Dakar regimes, a way to impose their hegemony was connected to the say over land ownership. Since the adaption of the National Lands Act on the 17th of june 1964, all transactions concerning the control over land must be regulated via the local governments. One of the main consequences of this reform is that the state becomes the sole landlord of all the land. This implies that local, mostly ancient, land tenure systems have formally ceased to exist. With the case of the explosive growth of the city of Ziguinchor I show the impact of this reform on the surrounding Diola society. As control over local land is the crux of the organizational structures of Diola society, this new intrusion of the state caused an emotional reaction. Moreover because it was mostly done at random by politicians who had only eyes for their own goals. This being the result of the specific way the state strived for hegemony and attempted to graft new forms of organization on the segmentary Diola society. With explosively results!


2021 ◽  
Vol 17 ◽  
pp. 321-331
Author(s):  
Viktoriia Rudenko ◽  
Ruslan Voloshchuk ◽  
Viktor Melnyk ◽  
Oksana Tsiupa

Today Ukraine is on the path to European integration, which requires the introduction of the best practices of European countries, including in terms of taxation of consolidated groups of enterprises. At present, in European countries, consolidated value added taxation is one of the ways to solve the problem of reducing the tax burden on business, providing enterprises with additional investment resources and stimulating their innovative development. In addition, the consolidated tax system reduces the cost of tax administration for both the state and business. Therefore, the issue of introducing value added tax is relevant for Ukrainian practice. The purpose of the research is to study the content and determine the specifics of consolidated value added taxation in European countries and to consider the possibilities of its application in Ukraine for innovation and investment processes intensifying. The specifics of the scientific tasks that are the subject of the study required the use of a set of special methods, the application of which helped to analyze the impact of consolidated value added taxation on innovation and investment processes in European countries. The study was conducted using quantitative methods, including comparative analysis, and qualitative methods, including case study. The study identified the essence and basic principles of consolidated value added taxation. Two types of consolidated VAT taxation in European countries are analyzed: the regime of full consolidation and the regime of partial consolidation. The advantages and disadvantages of consolidated VAT taxation for the state and taxpayers are substantiated. It was found out that in European countries, consolidated value added tax is aimed at improving the conditions of doing business and providing taxpayers with additional opportunities to apply special tax rules. As a result of the study, it was proved that the introduction of approaches in Ukraine that correspond to the European experience of consolidated VAT taxation will help to solve important tasks of bringing its tax system closer to foreign standards and intensifying innovation and investment processes at the micro- and macro levels.


2021 ◽  
Vol 2021 (12) ◽  
pp. 44-56
Author(s):  
Olha STASIUK ◽  
◽  
Larysa CHMYROVA ◽  
Natalia FEDIAI ◽  
◽  
...  

Based on global experience, the article proves the necessity of improving the analysis of regulatory impact of legislative acts, which is the main instrument of state regulation quality assurance. Recent years display the trend of temporal inland traffic freight railway tariffs increase. The last increase was approved by the corresponding Order of the Ministry of Infrastructure of Ukraine dd. August 11, 2021 qualified as a regulatory act, which is subject to compulsory regulatory impact analysis according to the Methodology approved at the national level. The national methodology does not provide for assessment of impacts on state economy. In view of this, the assessment was completed for the possible impact of regulatory act work on the state economy according to the methodological approach developed by the State Organization “Institute of the Economy and Forecasting of the National Academy of Sciences of Ukraine”, which main point is a more comprehensive and sophisticated quantitative assessment of the direct regulatory impact on the field of economic interest of both citizens, economic entities, state, and the society in general (national economy). The impact assessment of the freight railway tariffs’ increase on national economy followed two perspectives: the possible impact on GDP and the competition within the traffic infrastructure of Ukraine. The contribution of JSC “Ukrzaliznytsia” into GDP of Ukraine is computed based on freight railway tariffs increase. The article proves that the Order of the Ministry of Infrastructure of Ukraine will have the effects on intermodal competition within the transport system of Ukraine through the redistribution of the freight traffic as, on the one hand, certain off-grade freights will be handled by the river and motor transport and, on the other hand, specific 3rd rate class freights will be handled by the rail transport. Such redistribution will have positive effects for the competitive position of rail transport on the inner freight traffic market because the loss of some off-grade freights, which transport is unprofitable, will not have a negative impact on rail facilities.


2020 ◽  
Author(s):  
Natalia Efimenko ◽  
Elena Chalaya ◽  
Nina Povolotskaya

<p>The experience of interdisciplinary studies of the impact of urbanization on the resort and recreation potential of the mountainous territories of the North Caucasus (MTNC) for the purposes of medical balneology and recreational recreation is considered.</p><p>The State Register of Natural curative resources (NCR) of MTNC includes unique mineral waters and natural peloids of various physicochemical and microbiological composition, a favorable climate, and a picturesque mountain landscape that are integrated into the existing and rapidly developing complex socio-ecological resort and recreation infrastructure and system of spa treatment and recreation. The risks of the mountain resort and recreation ecosystem include high sensitivity to climate changes and anthropogenic impacts.</p><p>High demand for resort and recreational services of MTNC and increasing urbanization initiated the development of comprehensive monitoring studies of the dynamics of the state of NCR, experimental studies on action mechanisms of natural healing factors and the development of a model for ranking mountain areas by integrated resort and recreation potential (IRRP):</p><p> </p><p>IRRP = ∑ (IMgmr + IMbkr + IMgl) // n, where IMgmr, IMbkr, IMgl are integrated modules (indicators) of hydromineral, bioclimatic and landscape resources.</p><p> </p><p>The model includes three large blocks of monitoring studies of many natural parameters that characterize the properties of underground mineral waters and natural peloids; bioclimatic functions (comfort degree and biotropy), topographic features, vegetation, soils, picturesque and attractive mountain landscape. The modular approach adopted in balneology of medico-biological categorization of NCR parameters established in an experiment or in experimental researches made it possible to overcome the differences in units of measurement of the results of multifactor natural monitoring [1, 2].</p><p>Conclusion - the integrative approach adopted in the work to assess the resort and recreational potential of the highlands made it possible to evaluate contractivity (comfort, health and pathogenic functions), stability, diversity, attractiveness of natural complexes of the federal resorts of the North Caucasus, to substantiate the priorities for the territorial development of resort and recreational infrastructure in the resort region of Caucasian Mineral Waters, the Republic of North Ossetia-Alania, the Karachay-Cherkess Republic.</p><p> </p><p><strong>References</strong></p><p>1.Resort study of Caucasian Mineralnye Vody region / Under the general edition of the prof. V.V. Uyba. Scientific publication. - Pyatigorsk. - 2011. – 368p.</p><p>2.A technique of balneological assessment of forest-park landscapes of mountain territories for climatic landscape therapy. A grant for doctors. – Pyatigorsk. - 2015. - 26p.</p>


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