MBTAAnalysis: A look inside the MBTA
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The MBTA shuttles over a million passengers a day around Greater…
Leveling the playing field: the need for taxi reform in the Commonwealth
In Leveling the playing field: the need for taxi reform in the Commonwealth, authors Matt Blackbourn and Gregory Sullivan describe some of the unfair and outdated regulatory restrictions that cab operators face, and offer recommendations for the ride-for-hire task force, to be established by new legislation.
Important Considerations for Regulating Ridesharing in Massachusetts
Legislation recently approved by the Massachusetts House to create a new Ride for Hire Division within the state Department of Public Utilities to regulate Transportation Network Companies like Uber, Lyft and Fasten includes a number of fair and sensible protections for TNC customers, but goes too far to protect the outdated system of taxi medallions controlled by government regulators.
A New Start for Massachusetts Middle Cities
This white paper calls for the creation of an Infrastructure Investment Fund that would use excess money drawn from the Massachusetts Convention Center Fund to jumpstart economic activity in parts of Massachusetts that have not benefited from Greater Boston’s boom, through a competitive process built around local reforms.
Ten Years Later: Trends in Urban Redevelopment
This report updates a 2006 study of 14 Massachusetts cities with populations of more than 40,000 and average per-capita annual incomes of below $25,000 (Pittsfield is the one city in the study in which per-capita income is greater than $25,000). It provides a report card on how these Middle Cities are faring a decade after our last analysis, in terms of economic development, financial administration, education, and public safety. The aim is to inform the current policy discourse on redevelopment strategies in these important cities to identify municipalities and policy approaches that may serve as models for all Middle Cities.
A Road to Financing
This manual was prepared as part of the Urban Business Alliance (UBA)- a unique initiative of Pioneer’s Center for Urban Entrepreneurship that helps low- and moderate-income entrepreneurs by bolstering the skills of the community-based business advisors they look to for assistance.
Rebuilding the Ladder to Self- Sufficiency: Workfare and Welfare Reform
The full implementation of welfare reform in Massachusetts required a waiver from the federal government. The commonwealth requested such a waiver to allow for the work requirement, time limits, job training, and the centralization of its public assistance system. The waiver was granted for all except time limits.
A Challenge to Economic Freedom: Declining Labor Participation
The fact is that the unemployment rate doesn't tell the whole story. Strictly defined as the percentage of the population who are out of work and actively seeking employment, this metric provides a very narrow lens through which to evaluate labor market performance. A look at labor participation rates — the labor force as a percentage of the civilian non-institutional population — helps paint a more accurate picture.
Regaining Massachusetts’ Edge in Research and Development
Massachusetts’ ranking among the states in overall R&D spending by industry rose from fifth to second between 1991 and 2006, but although it’s ranking improved, Massachusetts – and every other state – lost market share over that period to California, which had enacted much stronger tax incentives. In fact, the commonwealth’s market share of national R&D spending by industry actually declined between 1991 and 2011. Over that same period California increased its industrial R&D spending by more than its top seven competitor states combined, including Massachusetts.
Does Boston Convention & Exhibition Center Expansion Really Pay for Itself?
With the Massachusetts Convention Center Authority (MCCA) claiming that no new taxes or fees would be needed to expand the Boston Convention and Exhibition Center (BCEC), it came as no surprise that a $1 billion convention center expansion bill sailed through a November Joint Committee on State Administration hearing without opposition. But when something seems too good to be true, it usually is, and a closer look at the convention center legislation reveals that the "no new taxes or fees" claim isn't quite as airtight as they've led us to believe.
The Logic of Pension Valuation: A Response to Robert Novy-Marx
In a recently published article,1 Robert Novy-Marx identifies what he believes are inconsistencies in the valuation methods espoused by the Governmental Accounting Standards Board (GASB). He advocates that current GASB methodologies for determining the discount rate be replaced by what some academic economists call a “fair-value” or “risk-adjusted” rate of return.
Recovering from a Recession
Flash forward a decade and the US cycle starting in 2001 was 4 years; conversely, and ominously for the state, Massachusetts never returned to its February 2001 employment peak, as seen in Figure 1 B. It came close in March 2008, but again began losing jobs due to the latest recession. Nevertheless, if for the purposes of comparison we allow coming close to stand in for a return to peak employment, Massachusetts had a 7-year cycle sinking into and then coming out of the 2001 recession.
The Big Shrink: Declining Establishment Size in Massachusetts
The Big Shrink adds to our understanding by examining the shrinking size of Massachusetts' firms and the causes of this economy-wide phenomenon in order to determine whether the trend has systemic impacts on our economy and, therefore, one hopes, on policy formation. The paper finds that reduction in firm size is widespread, holding true for all industries and most establishment types.
Massachusetts’ New Economy
"Massachusetts’ New Economy" was presented by Jim Stergios in 2011.
Creating Jobs: Reforming Unemployment Insurance in Massachusetts
As states and nations aggressively promote their business climates, the high cost of doing business in Massachusetts requires ongoing remediation for the Commonwealth to sustain its competitive advantage.
Keeping Massachusetts Competitive
Massachusetts is a state with many economic and competitive strengths, but policymakers, elected officials, and business leaders must not ignore its weaknesses. Massachusetts offers compelling advantages to companies looking to expand businesses or start new ones, but other states are chipping away at the state's advantages in this area.
Playing the Lottery: The Impact of Interstate Relocation on Massachusetts Jobs
The study's first major finding is that Massachusetts is losing the relocation game: many more establishments have moved out of state than have entered, and the trend has worsened since 2000. At the net level, Massachusetts has lost 2,152 establishments and 24,088 jobs during this time period.
Municipal Benchmarks for Massachusetts Middle Cities: A Look at Economic Growth
This paper will explore the use of municipal benchmarks in Massachusetts, with particular reference to the 14 identified Middle Cities. Importantly, as with the original surveyor’s marks, the development and application of municipal benchmarks will require us to become comfortable thinking in relative terms—not always a simple task in a world where statistics often fly about faster than the speed of thought and the attractions of “absolute” comparisons (and judgements) tend to be hard to resist.
Heading Down: The Loss of Massachusetts Headquarters
This brief seeks to analyze the impact of changes in the composition of workplaces in Massachusetts to determine the specific impacts the changes in the raw number and percentage share of headquarters have had on job creation and loss.
Failure to Thrive: Job Creation and Loss in Massachusetts: 1990 – 2007
This brief examines how jobs have been created and lost in Massachusetts in the eighteen- year period (1990-2007) leading up to the current recession.
New Business Creation and The Urban Economy
Policymakers have long grappled with the challenge of revitalizing cities whose economies have declined as manufacturing jobs moved elsewhere. Older industrial cities’ economic woes have compounded other problems, including municipal budget crises, struggling schools, high crime rates, and persistent poverty.
Unemployment Insurance in Massachusetts
High unemployment insurance taxes deter job creation and burden Massachusetts businesses. The current system also subsidizes certain workers and business sectors, at the expense of most Massachusetts workers and companies.
Fixing Maintenance in Massachusetts
The horrifying spectacle of the Minnesota bridge collapse has prompted a national reevaluation of the condition of our public infrastructure. In Massachusetts, two recent reports have found a multi-billion dollar backlog of deferred maintenance.
Rehabbing Urban Redevelopment
This report surveys 14 Massachusetts cities outside the immediate Boston metropolitan market, which other studies have identified as “weak market” or “gateway” cities. While useful designations, this report employs the term “Middle Cities.”
Measuring Up? The Cost of Doing Business in Massachusetts
The conventional wisdom among most regional economists, business leaders, and even policy experts is that Massachusetts is a high cost state for businesses. The purpose of this paper is to take a granular look at the issue by considering the specific components of business costs and how they vary across nine key industries in Massachusetts and six neighboring and competitor states.
Economic Opportunity in Boston: An Index of the Regulatory Climate for Small Entrepreneurs
Economic Opportunity in Boston: An Index of Economic Opportunity for Small Entrepreneurs provides a first look at the costs of regulatory mandates on small business in Boston. In the absence of other serviceable attempts to assess the consequences of regulatory barriers on small businesses, it seeks to establish a framework for measuring the cost of regulation and for weighing these costs against the benefits they may provide.
Public Profits from Private contracts: A Case Study in Human Services
Robert Melia, author of Pioneer's White Paper entitled Public Profits From Private Contracts and former vice president of Policy Studies, Inc, used child support enforcement as a case study to compare private versus public delivery of human services. Melia argued that competitive contracting is often a more effective way of delivering services not because public employees are inefficient or private companies pay less, but because bureaucratic checks and balances are inherent in government.
If We Build It Will They Come? And Other Questions About the Proposed Boston Convention Center
In 1965 Boston's War Memorial Auditorium (later Hynes Convention Center) opened to great fanfare and anticipation. But, by the mid-1970s, Boston officials were already proclaiming Hynes too small for growing conventions and promising that an expanded convention center would draw far more meetings and visitors to the city.