Assessing the Economic Impact of the 6th Annual Bikes, Blues, and BBQ Festival on the City of Fayetteville

This report presents the results of the surveys used to develop estimates of the economic impact of the Bikes, Blues and BBQ (BBBBQ) festival on the city of Fayetteville in 2005. In order to fully estimate the economic impact of the festival, its influence was assessed on three different constituent groups: Fayetteville residents, local businesses, and BBBBQ visitors. The visitor survey was developed by the Center for Business and Economic Research and was administered September 28-October 1, 2005 by University of Arkansas students who were hired and trained by the Center for Business and Economic Research. The resident and local business surveys were conducted during two weeks following the BBBBQ festival. The former was managed by phone using random digital dialing by the Public Policy Research Lab at Louisiana State University. The responses to the latter were submitted in response to an online survey, hosted by the Center for Business and Economic Research. All analysis of the survey results was performed by researchers at the Center for Business and Economic Research at the University of Arkansas

The Economic Impact of the 50-year Career of Frank Broyles at the University of Arkansas

Frank Broyles retired from the University of Arkansas on December 31, 2007, after a career in the athletic department of the school that lasted 50 years. First as coach and later as men’s athletic director, Frank Broyles had a profound impact on the state of Arkansas. His leadership skills led to tremendous unquantifiable benefits like personal mentorship of players and staff, notoriety, and philanthropy. His five decade long tenure at the University of Arkansas also led to demonstrable economic impact. The purpose of this study is to quantify and celebrate the economic benefits that have accrued to Arkansas because of the career of Frank Broyles. Two types of economic impact are evident from the coaching and directing of Frank Broyles. Those effects come from construction and renovation of athletic facilities, and attendance at Razorback sporting events. Both kinds of activities affect direct employment and payroll in the men’s athletic department at the University of Arkansas, but have much broader impacts on the state’s economy through indirect and induced effects. While many of the economic effects are a result of growth in the University and in the industry of college athletics, these dollars and jobs were generated under the leadership of Frank Broyles and are at least indirectly attributable to his efforts

Arkansas Research and Technology Park: A Strategic Analysis

This study is a detailed strategic plan and economic impact analysis for development of a university related research and technology park to be located in Fayetteville, Arkansas. The Arkansas Research and Technology Park (ARTP) is an essential component of the state’s overall strategy for equipping Arkansans to compete in the new economy. It is critical to the economic vitality of the state that new and different types of employment be created. The ARTP is an effort to jumpstart formation of the knowledge-based economy in Arkansas by creating the clusters of expertise necessary to achieve critical mass in knowledge-based industry. This strategy has been used successfully throughout the nation and the world. In the southeast, examples are the Research Triangle in North Carolina and the Huntsville, Alabama region for air and space industries

The Economic Impact of the 50-year Career of Frank Broyles at the University of Arkansas

Frank Broyles retired from the University of Arkansas on December 31, 2007, after a career in the athletic department of the school that lasted 50 years. First as coach and later as men’s athletic director, Frank Broyles had a profound impact on the state of Arkansas. His leadership skills led to tremendous unquantifiable benefits like personal mentorship of players and staff, notoriety, and philanthropy. His five decade long tenure at the University of Arkansas also led to demonstrable economic impact. The purpose of this study is to quantify and celebrate the economic benefits that have accrued to Arkansas because of the career of Frank Broyles. Two types of economic impact are evident from the coaching and directing of Frank Broyles. Those effects come from construction and renovation of athletic facilities, and attendance at Razorback sporting events. Both kinds of activities affect direct employment and payroll in the men’s athletic department at the University of Arkansas, but have much broader impacts on the state’s economy through indirect and induced effects. While many of the economic effects are a result of growth in the University and in the industry of college athletics, these dollars and jobs were generated under the leadership of Frank Broyles and are at least indirectly attributable to his efforts

Assessing the Economic Impact of the Fayetteville, Arkansas Smoking Ban

This report is the third in a series of studies examining the impact of the implementation of the smoke-free ordinance in Fayetteville, Arkansas in March of 2004. The ban on smoking in public places in Fayetteville provides an opportunity to scientifically investigate the economic impact of this change in public policy. By comparing pre-ban historical economic growth rates to post-ban growth rates both within the city of Fayetteville and in comparable communities, some measure of the impact can be developed. Variables of interest include hotel, motel, and restaurant (HMR) taxes, employment, and sales taxes. The changes in these variables need to be controlled for changes in other variables that affect economic activity like population growth and changes in gross domestic product

Assessing the Economic Impact of the 6th Annual Bikes, Blues, and BBQ Festival on the City of Fayetteville

This report presents the results of the surveys used to develop estimates of the economic impact of the Bikes, Blues and BBQ (BBBBQ) festival on the city of Fayetteville in 2005. In order to fully estimate the economic impact of the festival, its influence was assessed on three different constituent groups: Fayetteville residents, local businesses, and BBBBQ visitors. The visitor survey was developed by the Center for Business and Economic Research and was administered September 28-October 1, 2005 by University of Arkansas students who were hired and trained by the Center for Business and Economic Research. The resident and local business surveys were conducted during two weeks following the BBBBQ festival. The former was managed by phone using random digital dialing by the Public Policy Research Lab at Louisiana State University. The responses to the latter were submitted in response to an online survey, hosted by the Center for Business and Economic Research. All analysis of the survey results was performed by researchers at the Center for Business and Economic Research at the University of Arkansas

Projecting the Economic Impact of the Fayetteville Shale Play for 2005-2008

This study projects the general economic impact from exploration and development activities related to the Fayetteville Shale. The Fayetteville Shale is an unconventional gas reservoir located on the Arkansas side of the Arkoma Basin, ranging in thickness from 50 to 325 feet and ranging in depth from 1,500 to 6,500 feet. The Fayetteville Shale is aerially extensive and may be present across numerous counties in central and eastern Arkansas, including the counties of Cleburne, Conway, Faulkner, Independence, Johnson, St. Francis, Prairie, Van Buren, White, and Woodruff

Projecting the Economic Impact of the Fayetteville Shale Play for 2005-2008

This study projects the general economic impact from exploration and development activities related to the Fayetteville Shale. The Fayetteville Shale is an unconventional gas reservoir located on the Arkansas side of the Arkoma Basin, ranging in thickness from 50 to 325 feet and ranging in depth from 1,500 to 6,500 feet. The Fayetteville Shale is aerially extensive and may be present across numerous counties in central and eastern Arkansas, including the counties of Cleburne, Conway, Faulkner, Independence, Johnson, St. Francis, Prairie, Van Buren, White, and Woodruff

Survey of the Labor Market for New Ph.D. Hires in Economics 2004-2005

This year, the survey questionnaire was sent to 371 organizations. Questionnaires were returned by 182 (49.1 percent) for a response rate that was higher than the 2003-04-survey response rate of 48.4 percent. Of this year’s responses, 120 (65.9 percent) were from among those who responded to last year’s survey; 62 (34.1 percent) came from new respondents. Among the academic institutions responding, the distribution of highest degrees offered was as follows: Ph.D.—44.5 percent; Master—13.2 percent; Bachelor—33.0 percent. The remaining 9.3 percent did not indicate their highest degree offered. Two of the respondents were non-academic organizations. The responses are reported for all respondents (including the non-academic institutions and schools that did not report “highest degree offered”), and separately for Ph.D. degree-granting institutions and for schools whose highest degree offered is the Bachelor or Master degree. Data for institutions in the National Research Council’s Research Doctorate Report, 1995, are reported as a subset of Ph.D. degree-granting schools. They are referred to as the Top 30

Survey of the Labor Market for New Ph.D. Hires in Economics 2005-2006

This year, the survey questionnaire was sent to 372 organizations. Questionnaires were returned by 150 (40.3 percent) for a response rate that was lower than the 2004-05-survey response rate of 49.1 percent. Of this year’s responses, 102 (68.0 percent) were from those who responded to last year’s survey; 48 (32.0 percent) came from new respondents. Among the academic institutions responding, the distribution of highest degrees offered was as follows: Ph.D.—32.0 percent; Master—14.7 percent; Bachelor—39.3 percent. The remaining 14.0 percent did not indicate their highest degree offered. One of the respondents was a non-academic organization. The responses are reported for all respondents (including the non-academic institution and schools that did not report “highest degree offered”), and separately for Ph.D. degree-granting institutions and for schools whose highest degree offered is the Bachelor or Master degree. Data for institutions in the National Research Council’s Research Doctorate Report, 1995, are reported as a subset of Ph.D. degree-granting schools. They are referred to as the Top 30