|
Clients: Private and Non-Profit Sectors
Economic Impacts of Springfield Tech Community College Technology
Park
The management of STCC Technology Park desires to determine its economic impact
on Western Massachusetts. In order to assess the impacts we propose the following
four step process.
- An Assessment of the Job and Income Multiplier associated with the Park.
- An Assessment of the Impact of the Spending Pattern for Park Operations.
- A Fiscal Impact Assessment.
- An Assessment of the Interdependence of the Technology Park to the College.
University of Massachusetts Statewide Affordable Housing Study: The Economic
Impact Component
Summary: The economic impact component of the University of Massachusetts housing
study answered two research questions. What are the direct and indirect economic
impacts of the housing industry in Massachusetts? What is the significance
of housing as a factor in business location decisions? The first, and primary,
question was addressed through a quantitative assessment using the "local
impact of homebuilding model" calibrated by the National Association of
Home Builders. The second research question was addressed through a qualitative
assessment of area development and site selection literature and policy analysis
dealing with business location criteria.
The Economic Impact of Human Services Agencies on the Pioneer Valley Region:
An Analysis of Expenditures and Jobs
Summary: This report presented an assessment of expenditures and job multipliers
for the human service industry of the Pioneer Valley Region. The study consisted
of three parts. Part one was a detailed assessment of expenditures for six
human service providers that helped shape a survey of jobs and expenditures.
Part two was a follow-up survey that was sent to 110 agencies with a response
rate of 53 percent. Part three consisted of the subsequent application of job
multipliers, developed by the United States Bureau of Labor Statistics, to
the information in order to assess the total impact of jobs to the human service
industry on the local economy.
|