The portfolio variance has gained popularity as a tool to evaluate alternative strategies that promote regional economic stability. As it is commonly applied, however, the portfolio variance has several problems that limit its appropriateness for regional economic analysis. There are several...

Tourism is a popular regional development strategy with both positive and negative impacts. In this paper, ordered probit analysis is used to isolate individual and community attributes which influence residents' attitudes toward tourism. This approach can be used to help design an appropriate...

The joint production of desirable economic goods and undesirable environmental by-products is not uncommon. An expedient means of reducing undesirable by-products is to reduce production of the desired good. This paper addresses the use of input-output models for analyzing the economic impacts...