News and Events
Advancing Arkansas - Fall 2014
The Use and Misuse of Economic Impact Studies - Post Conference Report
On Friday, September 12th, economists from the IEA research group held a half day conference focusing on the uses and misuses of economic impact analysis. The conference had a diverse audience including 17 participants from several state agencies, state universities, and economic development organizations across the state.
Dr. Bruce Seaman, Associate Professor in the Andrew Young School of Policy Studies at Georgia State University was the luncheon speaker. Dr. Dennis Robinson and Dr. Gregory Hamilton both senior research economists at IEA also presented at the conference. The three economist discussed factors accounting for the differences between what is considered a legitimate study from those that have biases in their estimates. Conference attendees gained insights into how to identify legitimate economic impact studies from those that are not and the reasons for the dubious impact results.