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Assignment: Economic Impact Analysis
Assume you are representing a local economic development team trying to attract new businesses to your region. Choose the type of business you want to come to your area and why and carry out an economic impact analysis. ...
Economic Impact of Casino Gambling on Long island
Introduction:
The objective of this paper is to study the economic impact of introducing casino gambling facility at the racing facility on Long Island which is called Aqueduct
Aqueduct is a horse racing facility located in Jamaica, New York with three tracks that features thoroughbred racing. ... The economic data tells us that there is 14. ... The economic boost for this county will be beneficial. ... With the existing funding mechanism of the Casino Reinvestment Development Authority as well as taxes and fees generated by the industry, continued progress toward an economic renaissance is possible. ... Results for Casino Gaming
Source: Economic Research Associates, 1976; Touche; Ross study, 1987
Predicted Actual
Employment (thous) 21. ...
When there is a need for new construction, there will be a direct impact on the construction Industry that will likewise expand. ...
Impact:
Following the Keynesian theory of the multiplier effect, which basically says that every dollar injected into the economy has a direct effect of increasing the output by a certain amount of a dollar value, which is more than one. ... We could however, follow this model closely to see its impact and come back for corrections or changes in projections as we go along its development and implementation phases.
Approximate Word count = 1735
Approximate Pages = 6.9
(250 words per page double spaced)
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