Browsing by Author "Jesswein, Wayne A"
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Item The 1980-81 Impact of UMD on the Duluth-Superior Growth Center Region(Bureau of Business and Economic Research, 1981) Lichty, Richard W; Jesswein, Wayne AItem The Economic Impact of a New Pulp and Paper Facility on Northeast Minnesota(Bureau of Business and Economic Research, 1986-01) Lichty, Richard W; Jesswein, Wayne AThe following is the final report on determining the economic impact of a proposed paper mill in northeast Minnesota. This report will describe the model used and present the impact results in terms of regional output, employment, earnings, population, and taxes paid. Some indication will be given as to the reliability of the results as well. The primary goal here is to provide reasonably accurate impact estimates in a timely manner. The information contained in this report can be used to indicate at least some of the benefits to the region from support for this project. The costs that might be included in a cost/benefit study are not the subject of this research effort. However, the benefits are provided on a designated year basis. With additional cost information and with proper discounting procedures, appropriate cost/benefit measures could be obtained.Item Estimating the Direct and Indirect Impacts of Direct Reduction and Steelmaking in Northeastern Minnesota(Bureau of Business and Economic Research, 1981) Peterson, Jerrold M; Jesswein, Wayne A; Lichty, Richard W; Maki, Wilbur R; Reid, Kenneth JItem Estimating the Economic Impact of Direct Reduction and Steelmaking for Northeastern Minnesota with Full Capacity Taconite Production(Bureau of Business and Economic Research, 1981) Peterson, Jerrold M; Jesswein, Wayne A; Lichty, Richard W; Maki, Wilbur R; Reid, Kenneth JAn economic impact analysis for Northeastern Minnesota has been carried out using the SIMLAB computer model and is part of a much larger regional study to examine the feasibility of direct reduction and steelmaking in the upper Great Lakes Region. For this analysis, two scenarios have been adopted. The first assumes a declining steel industry and adopts the OTA liquidation scenario data. The second assumes solution of the technical and economic problems necessary to permit development of a direct reduction industry in Northeastern Minnesota. For the OTA liquidation scenario alone, the taconite pellet production increases from 50.1 million tons per year in 1980 to 67.1 million tons per year in 2000, and the estimated Gross Regional Product declines from $3.42 billion in 1980 to $4 .6 billion in 2000. This scenario depends on no new increases in imported ore. The ORI development scenario assumes an output of 3.6 million tons per year of steel billets by 2000 and shows an estimated Gross Regional Product of $6.8 billion in the year 2000, an amount which doubles the impact of the total current taconite industry and ensures a strong regional growth with less dependence on the cyclic performance of the national steel industry. It is clearly of great local interest to actively seek routes that will lead to further processing of the local iron ore resources.Item Historical Development of Time in Macroeconomic Models(Bureau of Business and Economic Research, 1979) Peterson, Jerrold M; Jesswein, Wayne AThe development of time as a concept in macroeconomic models influenced theoretical models, the adjustment process, and causal relationships. While both the Classical and Keyttesian models imply that changes in economic activity may occur, these models differ as·to the time adjustment to equilibrium. The early classical theorists developed essentially static long run equilibrium models. These models were only vaguely concerned with intra-equilibrium fluctuation. Early critics of the mainstream thought such as Malthus and Marx ventured into shorter-run analysis. However, even these models essentially struggled both with economic and time concepts. This paper attempts to outline the development of time concept in macroeconomics from the classics to Keynes. The paper broadly tries to show the importance of time in the understanding of these models. In particular, the paper is concerned with the development of period analysis, definition of the length of time periods, identification of important intra-period adjustment process, and the development of lag relationship. In no way does this paper pretend to be a definitive history of time in the macro model. Rather, this paper attempts to begin the process of studying the development of the concept of time and its impact to macro models.Item The Impact of the Fine and Performing Arts on the Duluth-Superior Growth Center Region: A Selected Study(University of Minnesota, Duluth, 1978) Coffman, Philip H; Jesswein, Wayne A; Lichty, Richard WItem The Impact of UMD on the Duluth-Superior Growth Center Region (1977)(University of Minnesota, Duluth, 1977) Lichty, Richard W; Jesswein, Wayne A; Maki, Willbur RItem The Impact of UMD on the Duluth-Superior Growth Center Region (1981)(University of Minnesota Duluth, 1981) Lichty, Richard W; Jesswein, Wayne AItem Minnesota Manufacturers' Workforce Study(University of Minnesota Duluth, 1995-03) Jacobson, Jean; Jesswein, Wayne A; Knudsen, Kjell R; Lichty, Richard W; Naimpally, Kavita B; Skurla, James A; Zelenak, JenniferThis report summarizes results from a series of interviews, focus groups, and surveys relating to Minnesota's workforce. The specific focus of the study relates to workforce issues as they impact Minnesota's manufacturing sector. The purpose of the study was to determine whether manufacturing workforce problems exist in Minnesota. If problems were discovered, a second purpose was to gather information that could form the basis for suggesting future state or regional studies and/or programs.Item Northeast Minnesota Skills Assessment(University of Minnesota Duluth, 1998) Lichty, Richard W; Jesswein, Wayne A; McTavish, Donald G; Jacobson, Jean; Amundsen, Sheilagh; Zelenak, Jennifer; Heyne, Mark; Barkataki, Monali; Barkataki, Sharad; Naimpally, Amrita; Frantzen, Ryan; Kukanich, SusanItem A Profile of the Minnesota Angler(Bureau of Business and Economic Research, 1986) Jesswein, Wayne A; Skurla, James A; Dalton, Patricia Q; Larson, Michael CAs part of an assessment of the bait leech industry and its market potential, a survey of 5,000 Minnesota anglers was conducted in the Spring of 1985. Although the survey instrument was designed to derive information about bait leech (Nephelopsis obscura) and its use, it also included questions about angler characteristics, preferences, and fishing activities for the 1984 fishing season. Responses to these questions allowed a profile of the Minnesota angler to be developed. Our survey results show that the typical Minnesota angler is male, young to middle-aged, has a relatively high household income, and has fished for many years. He fishes from a boat on a lake with other family members mainly for relaxation. He fishes 6 hours a day for 24 days during the fishing season. The typical Minnesota angler fishes mainly for walleye and prefers to catch several medium-sized fish as opposed to a limit of small but keeper sized fish or one large fish. He does not own a cabin and does not belong to fishing clubs or organizations. He is most likely to read Field and Stream magazine but receives a great deal of his fishing information from friends. The household of the typical Minnesota angler has $717 invested in fishing equipment excluding boat(s) and gasoline motor(s) and spends about $165 per year on such equipment. He has access to 5.4 reels and 4.8 rods, is likely to use a depth finder when fishing, and uses a variety of different fishing techniques. He is a member of a household which owns an aluminum hulled boat between 15 to 16 feet long, powers it with a gasoline-powered outboard motor, and has about $2,407 invested in boat(s), motor(s), and trailer(s). The typical Minnesota angler rated the 1984 fishing experience as average or better.