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CBEA

1000 E. University Avenue

Laramie, WY 82071

Phone: (307) 766-2175

Email: ckhalaf@uwyo.edu

Projects

Pilot Hill

Project Lead: Christelle Khalaf Ongoing Project

This project includes three stages of work. The first is to review the recreation valuation literature and produce a benefit transfer analysis. The second is to model the economic impacts of hypothetical visitor scenarios. The third is to survey Wyoming households to estimate the valuation of different Pilot Hill attributes through hypothetical choice experiments.

 


School of Energy Resources

Project Lead: Ben Cook Ongoing Project

The CBEA is developing the necessary data models and methodology necessary to conduct the energy portfolio “economic impact assessments” that have been flagged as a critical component of future Integrated Resource Plan (IRP) filings to the Wyoming Public Service Commission (PSC).

 


WyoTech

Project Lead: Christelle Khalaf Ongoing Project

The CBEA is modeling the economic impact of WyoTech. This analysis will focus on the impact of WyoTech’s operations, construction, student, and visitor spending for FY 2020, FY 2025, and FY 2030. The analysis will demonstrate the estimated direct, indirect, and induced impacts of these activities on regional economic output, employment, value added, and labor income. The analysis will also estimate the local/state and federal fiscal impacts of these activities.

 


Cheyenne LEADS

Project Lead: Christelle Khalaf Completed

Economic development incentives are used to encourage activity or economic investment that might not otherwise take place. This analysis evaluates one such economic development incentive in Laramie County, Wyoming: the use of free and discounted land to facilitate job creation and retention. At the request of Cheyenne LEADS, a non-profit organization housed in Laramie County that offers this incentive, CBEA conducted an analysis to assess the return-on-investment (ROI) of providing free and discounted land. The term ROI here differs from the traditional definition and instead focuses on fiscal revenue as the economic benefit.

INBRE

Project Lead: Dave Aadland Completed

This analysis estimated the economic impacts of the NIH/INBRE funding received by the University of Wyoming over the period 2004-2017. Standard economic impact analysis is applied using regional economic expenditure multipliers. The project also highlights positive impacts from INBRE funding, such as economic diversification and human capital accumulation, which are more difficult to quantify.

 


Laramie Jubilee Days

Project Lead: Dave Aadland Completed

Laramie Jubilee Days started in 1940 and has been running for 78 years as a celebration of Wyoming statehood and our local community. The CBEA surveyed Laramie businesses across a variety of industry classifications and found that generally they indicated a positive attitude regarding Laramie Jubilee Days, both in terms of economic stimulus and community identity.

 


Pace-O-Matic

Project Lead: Dave Aadland Completed

The CBEA estimated the economic impact of Pace-O-Matic electronic “games of skill” in Wyoming. The economic impact (i.e., direct, indirect and induced effects, as well as employment gains) of such games is estimated based on 2019 and 2020 revenue data, predicted out to the year 2029 using county-by-county population projections and Pace-O-Matic growth scenarios.

 


Wyoming Business Council

Project Lead: Dave Aadland Completed

The CBEA conducted two analyses for the Wyoming Business Council (WBC). In the first, the CBEA performed an econometric analysis of Wyoming’s economy. The study contained three types of analyses: (1) an overview of Wyoming’s economy, both historically and currently; (2) an analysis of Wyoming’s economy that controls for variation in the energy sector; and (3) correlation of Wyoming’s economy with investments made by the WBC. In the second project, the CBEA created an amenity index for 23 of the most populous cities in Wyoming to help the WBC strategically invest in community amenities. The index is composed of two parts: 1) a survey that asks individuals which amenities are most important in the decision of where to live, and 2) an inventory of outdoor and urban amenities in each of the 23 communities.

 


Contact Us

CBEA

1000 E. University Avenue

Laramie, WY 82071

Phone: (307) 766-2175

Email: ckhalaf@uwyo.edu

1000 E. University Ave. Laramie, WY 82071
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