The Mercado de Fort Worth is a commercial area located between downtown Fort Worth and the "stockyards" entertainment district in a Hispanic neighborhood. Many of the buildings are vacant and in need of renovation. To promote area development, the City of Fort Worth has encouraged property owners to create a market area of Mexican-theme restaurants and shops. Property owners have expressed concern about potential returns on renovation investments. This study provides property owners with information regarding several similar projects across the country. The report finds that basic economic and site location principles are the main determinants of project success. The report also reviews local business training and assistance resources. Finally, the report provides information regarding "historic" building designations and associated tax incentives available to property owners

This study proposes a method for measuring the regional economic impact of a relatively new sport: stock car racing. Although research on the economic impact of most major league sports is abundant, little has been written on stock car racing. The purpose of this paper is to estimate, through a simulation, the regional economic impact of Texas Motor Speedway. The study finds that the Texas Motor Speedway boosted economic activity by $87,179,367 in 1998 from racetrack operations, and supported 5,300 jobs paying $22,293,135 in earnings. In addition, expenditures by speedway visitor from outside the region are estimated at $22,985,200, further increasing the total local economic activity by $49 million.

This study examines the fiscal impact the Ballpark in Arlington has on the City of Arlington. Many individuals argue that the new Ballpark in Arlington would create numerous new jobs and bring added economic development to the city, thus increasing tax revenues. An interrupted time-series approach was used to determine whether or not the new ballpark has a measurable impact on retail sales tax receipts in the City of Arlington. Based on sales tax rebate data obtains from the Texas Comptroller's Office, the study found no significant increase in sales tax receipts for Arlington during the baseball season. However, this is not to say that the Ballpark in Arlington has no impact on total local economic activity. These findings do call into question, as other studies have, the relative fiscal value of publicly-sponsored professional sports venues.

California legislated the restructuring of its electric power industry in 1996. Deregulation was successful until 2000 when crisis, caused by a number of outside forces and flawed legislation, sent wholesale electric prices skyrocketing. Restructuring of the electricity sector in Texas occurred in two phases. The first phase began in 1995, when wholesale markets were opened to competition; the second phase began June 18, 1997, when the 1999 Texas Electric Choice Act, was signed into law. Deregulation has largely been successful in Texas. This analysis examines the legislation of these states and how they differed, setting the stage for one unsuccessful and one successful move to retail competition in the electricity industry.

In 1993, 38.9 million people were covered by a 401(k) plan, up from 7.1 million in 1983. The rapid growth of 401(k) and other defined contribution pension plans may alter retirement patterns of older workers. Previous research showed that the spread of defined benefit plans, with sharp age-related incentives first discouraging and later encouraging retirement, contributed to the early retirement trend of past decades. Defined contribution plans differ along several dimensions, especially in their smooth rate of pension wealth accrual. Data from the Health and Retirement Study show that retirement patterns have begun to change as defined contribution plans have spread. Estimates indicate that the financial incentives in defined benefit pensions lead people to retire almost two years earlier, compared to people with defined contribution plans.

This paper evaluated the effects of selected demographic characteristics and services received on obtaining unsubsidized employment by Job Training Partnership Act Program participants in the states of Arkansas, Louisiana, New Mexico, and Oklahoma in 1996 and 1997. The data used for this paper are from Title II A (Disadvantaged Adults) individualized records. Six variables were statistically significant across all four states. These variables were cash welfare benefits, high school grade completed, occupational classroom training with a goal, on-the-job training with a goal, work experience training with a goal, and the real three-year growth rate in retail/wholesale trade employment. included demographic characteristics, as well as service interventions.