Optimal public investment for boomtowns: a welfare-economic analysis. [Rock Springs, Sweetwater Co]

Thesis/Dissertation · Sat Dec 31 23:00:00 EST 1983

OSTI ID:5829218

Sharzehi, G

This study attempts to apply a control planning model to a boomtown economy in order to determine the optimal public investment level. The dissertation deals with the choice between two alternatives: either more urban infrastructures and less waiting time or less urban facilities and a longer waiting span. The economy of Rock Springs, Sweetwater County, Wyoming, has been chosen as a case study for this research project. Chapter 1 introduces the problems of boomtowns. Chapter 2 presents the Sweetwater County economy. Chapter 3, Section I, presents the planning and market models which are formulated specifically with a boomtown economy in mind. In Section II, the parameterization of the models is explained. Section I of Chapter 4 presents the specific functions used in the computation of the model. In Section II, the simplification of the planning model is discussed. The results of the computation of the mdoel are summarized in the third section. Section IV contains the concluding remarks. The research calculated the optimal consumption expenditures, the required urban infrastructure, the feasible size of employment level, and the feasible public investment level for Sweetwater County. The rate of waiting time was computed and it projected the congestion rate for a given boom period.

• OSTI ID: 5829218
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
530100 -- Environmental-Social Aspects of Energy Technologies-- Social & Economic Studies-- (-1989)
BOOM TOWNS
ECONOMIC ANALYSIS
ECONOMICS
FEDERAL REGION VIII
INVESTMENT
MATHEMATICAL MODELS
NORTH AMERICA
PLANNING
RESOURCE DEVELOPMENT
USA
WYOMING