Optimal municipal investment in boomtowns: an empirical analysis. [26 towns in Rocky Mountain region]

Journal Article · Fri Sep 01 00:00:00 EDT 1978 · J. Environ. Econ. Manage.; (United States)

DOI:https://doi.org/10.1016/0095-0696(78)90012-8· OSTI ID:6014290

Cummings, R G ^[1]; Schulze, W D; Mehr, A F

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1. Univ. of New Mexico, Albuquerque

The primary concern of this paper is the use of wage-infrastructure trade-offs as a measure for the social benefits of municipal infrastructure in boomtowns. A regression based on pooled-cross-sectional and time-series data for 26 towns in the Rocky Mountain region suggests that individuals will trade off a 1% increase in per capita stocks of municipal infrastructure for a 0.035% decline in wages. These results are then used to calculate optimal levels of infrastructure investment for an example boomtown. 11 references.

• OSTI ID: 6014290
• Journal Information: J. Environ. Econ. Manage.; (United States), Journal Name: J. Environ. Econ. Manage.; (United States) Vol. 5:3; ISSN JEEMD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200* -- Energy Planning & Policy-- Economics & Sociology
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
530100 -- Environmental-Social Aspects of Energy Technologies-- Social & Economic Studies-- (-1989)
BOOM TOWNS
ECONOMIC ANALYSIS
ECONOMICS
ENERGY SOURCE DEVELOPMENT
INCOME
INSTITUTIONAL FACTORS
INVESTMENT
MATHEMATICS
NORTH AMERICA
OPTIMIZATION
REGRESSION ANALYSIS
ROCKY MOUNTAIN REGION
SOCIO-ECONOMIC FACTORS
STATISTICS
USA