Economic Development

Expensive Eggs and Rising Gas Prices: How Does Inflation Help Me Pay My Mortgage?

April 12, 2024 / Comments Off on Expensive Eggs and Rising Gas Prices: How Does Inflation Help Me Pay My Mortgage?

Inflation – a general rise in the price of all the things we buy – is a constant topic in the news, and no wonder: when the price of food, fuel, housing, and other things we purchase goes up, it gets harder to buy the things we want and need. And if you have debt […]

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How Does Sea Level Rise Affect Us? Learning from New Jersey

April 5, 2024 / Comments Off on How Does Sea Level Rise Affect Us? Learning from New Jersey

Over the last century, sea levels in New Jersey have risen about 1.4 feet, due to both natural forces and groundwater pumping. The global average has been almost 8 inches. What does this mean for New Jersey residents? The effects of sea level rise will be felt in their daily lives, making coastal flooding more […]

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The Role of Regression Modeling in Assessing Economic Impacts: A Focus on Transit Premium and Housing Values

March 22, 2024 / Comments Off on The Role of Regression Modeling in Assessing Economic Impacts: A Focus on Transit Premium and Housing Values

Imagine living in a neighborhood transformed by the arrival of a new bus route or metro station, where high-capacity transit lines and stations bring everything within a short ride’s reach. Shops, schools, and workplaces are now just a quick ride away. How much more would you value living in this area? This question lies at […]

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Potential Economic Impact of Manayunk Bike Race

March 20, 2024 / Comments Off on Potential Economic Impact of Manayunk Bike Race

In an effort to revive the Philadelphia International Cycling Classic, also known as the Manayunk Bike Race, ESI was contracted to conduct a study on the potential economic that a 2025 race would have on Philadelphia and Pennsylvania. This event was last held in 2016, so ESI used those attendance and participation figures, and adjusted […]

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Establishing a Best Path Forward Toward Private University-Community Relations

March 15, 2024 / Comments Off on Establishing a Best Path Forward Toward Private University-Community Relations

Private universities now understand the positive shared successes interwoven between higher education institutions and their respective municipalities. Some would say the best answer to create shared prosperity lies in Payment in Lieu of Taxes (PILOT)—voluntary contributions from tax-exempt private nonprofits, serving as alternatives to traditional property tax obligations. Most PILOTs are paid by private universities […]

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The Forever Changing City of Philadelphia

March 8, 2024 / Comments Off on The Forever Changing City of Philadelphia

The Neighborhood of West Philadelphia  West Philadelphia is one of the city’s largest neighborhoods. It holds many of the city’s schools, hospitals, and universities. People living in the area utilize these institutions in their daily lives whether it is for work, school, or personal matters. Many residents spend their day to day in this region, […]

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