THE ECONOMIC IMPACT OF UINTAH COUNTY'S WESTERN PARK

Uintah County is home to a multiactivity conference complex located in Vernal, Utah. The complex is almost in constant use and includes locally sponsored activities, as well as regional and national activities. An estimate of local and nonlocal users were identified from Mr. Derk Hatch, manager of Western Park. I assumed that nonlocal use originated outside the county. Taking into account the local and nonlocal mix, it is estimated that the center annually generates over $4.8 million dollars in economic activity, with approximately 60% a result of direct expenditures. The complex also results in additional employment opportunities for approximately 136 individuals, summarizing direct, indirect, and induced effects. The countys population change as a result of the center is just over 300 persons. These estimates assume that the county would be at or near full-employment in the absence of the Western Park complex.Community/Rural/Urban Development,

THE DYNAMIC EFFECTS OF U.S. FOOD AID

Food Security and Poverty, International Development,

The Feasibility of Constructing and Operating a Cull Cow Slaughter Facility in Utah

Potential animal numbers range from nearly 170,000 head to almost 370,000 head. The construction costs for a 400-head per day slaughter plant would be nearly $10,000,000 in 1995 dollars. The largest two cost items are the building (and associated mechanical facilities) and equipment. Assuming one shift per day operating at 90$1.32 per pound. The revenue associated with such a plant is estimated to be $1.35 per pound, leaving a net return of$0.03 per pound of processed meat, which would return approximately $1,000,000 per year at this operating capacity. Profitability is sensitive to the cost of the animals live, the ability to keep the plant operating at 90% capacity or better, and the price of processed meat

DOES FOOD AID REALLY DISCOURAGE FOOD PRODUCTION?

Food Security and Poverty, Production Economics,

Costs, Benefits and the Optimal Rotation of Standing Forests

The Faustmann model has played a key role in the determination of optimal forest rotations. Faustmann introduced a simple and deterministic competitive economic model, the objective of which was to maximize the present value of perpetual returns to the fixed factor of production, a unit of timber land. The optimal rotation problem, as viewed by him, is a timber management problem abstracting from the important multiple use characteristics of forest land. Hartman (1976) and Strang (1983) developed a modified Faustmann model where the forest resource stock \u27per se\u27 is assumed to have consumptive value in the form of recreation , a general term used to capture non-timber forest uses

Commodity Budgets

The body of this report is divided into several sections. First, a general description of the nature of the budgets will be discussed. Second, budgets are classified according to crop type: field crops, vegetables, fruits, nuts, and other crops. Third, a description of the crops according to general areas is then provided. Fourth, a brief discussion of water and land costs are included in the report. Fifth, a summary of commodity prices and yield are given. Finally, a short summary is provided

The Status of Utah\u27s Agriculture and its Contribution to the State Economy

Growth in agricultural productivity and the migration of labor from agriculture to other employment has been a source of growth for the whole economy. From the times of pioneer settlement in Utah, more than 130 years ago, agricultural production has declined as a proportion of total economic activity. Employment, personal income, gross sales, and other measures can be shown to have declined as a proportion of the totals of these measures for the state. Yet, it is this very decline in dependence on workers producing food that has helped the economy to grow in size and variety both in Utah and throughout the nation