Local economic impacts associated with pure taxable capacity changes

Journal Article · Mon Feb 01 04:00:00 EST 1982 · Land Econ.; (United States)

DOI:https://doi.org/10.2307/3146081· OSTI ID:6051176

Bjornstad, D J

A fiscal-impact model based on the introduction of a nuclear power plant demonstrates the need to integrate local public-sector impacts with local private-sector impacts when estimating the economic changes a community undergoes in response to a significant exogenous shock. A nuclear plant differs from other electrical generating facilities because siting regulations require locating in a low-population density area where the influence on the community will be substantial. These characteristics approximate the pure fiscal capacity change or pure tax revenue importation concept. Four sections of the paper describe local decision making on taxes, identify the parameters that may shape local impact, analyze indifference curves as they integrate with the local macroeconomic model, and compare data for two communities in which both private and public local economic sectors show stimulation. 12 references, 1 figure.

• Research Organization: Oak Ridge National Lab., TN
• DOE Contract Number: W-7405-ENG-26
• OSTI ID: 6051176
• Journal Information: Land Econ.; (United States), Journal Name: Land Econ.; (United States) Vol. 58:1; ISSN LAECA
• Country of Publication: United States
• Language: English

Related Subjects

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS
210800* -- Nuclear Power Plants-- Economics
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
290600 -- Energy Planning & Policy-- Nuclear Energy
DECISION MAKING
ECONOMETRICS
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
INSTITUTIONAL FACTORS
LOCAL GOVERNMENT
NUCLEAR FACILITIES
NUCLEAR POWER PLANTS
POWER PLANTS
RURAL AREAS
SOCIO-ECONOMIC FACTORS
TAXES
THERMAL POWER PLANTS