Economic Modeling
Economic impact modeling (EIM) analyses examine the impact that a given event has on a certain area’s economy, be it a single neighborhood or an entire region, by measuring factors such as revenue, profits, wages, and jobs. Organizations such as the Hub of Human Innovation and Texas Tech University are among those who have requested our services in order to better assess the expenditures of their projects and the effect that they will have on local communities.
Standard of Living Comparison: El Paso and Other Selected Metropolitan Statistical Areas
This comparative analysis examines several standard of living factors including cost of living variables, economic performance indicators, and crime rates, in ten metropolitan statistical areas located in U.S.-Mexico border states. Read it here.
[Published July 2017]
Employment Associated with Exports in the State of Chihuahua, Mexico (Spring 2017)
This I-O modeling study examines the relationship between exports and employment in Chihuahua, Mexico, the first of its kind to examine the state using a multi-year evaluation. Read it here.
[Published May 2017]
Trends in Occupational Employment Size, Growth and Average Hourly Wages in El Paso and Doña Ana Counties (1999-2017)
Employment size, growth and average hourly wages are explored individually in each county and in the region as a whole, allowing readers to identify workforce opportunities and challenges for the region. Read it here.
[Published in June 2016]
The Hub of Human Innovation: Economic Impacts of the UTEP Paso del Norte Clean Energy Incubator Program in El Paso, Texas (October 2014 – December 2015)
The Hub of Human Innovation has contracted the Hunt Institute for Global Competitiveness to conduct an economic impact analysis regarding the UTEP Paso del Norte Clean Energy Incubator Program (UPDN CEI).
The UPDN CEI is a partnership between the Hub and UTEP, funded through a contract award from the Emerging Clean Technology Program for the Texas Comptroller of Public Accounts, State Energy Conservation Office (SECO), and UT Austin’s Austin Technology Incubator (ATI). The program was developed to facilitate the creation of clean energy companies, create jobs and develop self-sustained firms. Read it here.
[Published in May 2016]
Texas Tech University Health Sciences Center Economic Impact Analysis: Operations, Construction and Equipment Purchases in El Paso, Texas
The Hunt Institute for Global Competitiveness was contracted by the Texas Tech University Health Sciences Center (TTUHSC) in El Paso to conduct an economic impact analysis regarding some of the functions this organization performs within El Paso County.
The present study estimates the economic impacts resulting from the TTUHSC regular activities in El Paso County. Financial expenses for FY 2015 were provided by TTUHSC and classified as Operating Costs and Capital Investments, which include construction projects and fixed asset acquisitions. Read it here.
[Published in March 2016]
Expected Occupation Growth in El Paso and Doña Ana Counties
The Hunt Institute for Global Competitiveness has conducted a short-term occupational employment forecast for El Paso County and Doña Ana County to predict which occupations will experience the most growth in the region’s near future.
This is the first occupational employment forecast to use economic and demographic linkages for both counties combined, as well as economic projections at the national level. Due to data constraints, Ciudad Juarez has been excluded from this forecast, but the Hunt Institute intends to incorporate the city in future occupational forecasts for the Paso del Norte region.
[Published in November 2015]