September 02, 2014

An Updated Economic Analysis of the Education Initiative (2014)



The structural input-output model developed by REMI was incorporated into a study on Nevada’s Education Initiative to try and address Nevada’s inconsistencies and failures that have led to the state’s poor educational statistics. The model was applied to the three proposed scenarios: “no-spending”, “gross-spending”, and “mixed-spending”. The main effects being sought after in this study as far as economics are concerned are jobs lost and gross domestic product, which are only marginally increased as a result of the new initiative unless all the money gathered from a margin tax is put towards hiring teachers.

Center for Business and Economic Research – Updated Economic Analysis of the Education Initiative [full PDF]