Search Results
Journal Article
Leaf falls : tobacco crop's first market year
Working Paper
No smoking at the slot machines: the effect of a smoke-free law on Delaware gaming revenues
As communities around the nation consider laws restricting smoking in public places, a key political and economic issue that often arises is the effect that such laws have on the sales and profits of particular sectors. The gaming industry has been active in opposition to such ordinances, citing large prospective losses. This article analyzes the revenues of three gaming facilities in Delaware following the implementation of a smoke-free law in December 2002. Revenues are found to have declined significantly at each of the three facilities, with relative magnitudes of losses corresponding to ...
Journal Article
Perspective: tobacco manufacturers are now compensating states for smoking-related costs: how will this affect the economy?
Smoking out the social and economic benefits of the 1998 tobacco settlement for Massachusetts.
Journal Article
Tobacco buyout : the invisible hand plants first crop
Journal Article
How will New Hampshire solve its school funding problem? part 1 of 3
In December 1997, the New Hampshire Supreme Court decided that the local property tax used to fund the states K-12 public education was set at $6.60 per $1,000 of a propertys value. On the surface, this measure would appear to meet the stipulation of equal and proportionate, since a uniform tax rate is applied equally to all property owners across the state. However, on January 17, 2001, Rockingham Superior Court Judge Richard E. Galway ruled in Sirrell, et al. v. State of New Hampshire, et al. that the new statewide property tax was also unconstitutional. A divided state Supreme Court ...
Journal Article
Tobacco stimulus: Virginia and North Carolina are among the states using money from their 1998 settlement with tobacco companies to spur economic development
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q1/feature2_weblinks.cfm
Journal Article
Tobacco remains important in the Fifth District
Journal Article
Securitizing tobacco settlements: the basics, the benefits, the risks
In this time of fiscal hardship for American states, governors and legislators across the country are searching for ways to make up for revenue shortfalls. Partly because of the severity of the revenue crisis, innovative and unconventional means of raising cash have begun to surface. One of these approaches, the topic of this article, is the securitization of tobacco settlement revenues.