Economic Analysis Projects
Hector H. Sandoval, Emanuel Garcia-Munoz
July 2021
The University of Florida Clinical and Translational Science Institute (CTSI), founded in 2008, is the
academic hub for clinical and translational science connecting resources, people and ideas throughout the University, the State of Florida, and the national Clinical and Translational Science Award consortium. CTSI’s mission is the improvement of human health by strengthening the University’s ability to conduct clinical and translational research. Currently, nearly nine thousand researchers have utilized the invaluable resources and services provided by the Institute. This project evaluates the impact of CTSI’s resources and services on research productivity.
Economic Analysis Projects
Hector H. Sandoval, Chase Benoist, Mark Girson
June 2021
Historically, state and local governments have offered financial investments to attract out-of-state businesses or to retain/expand existing businesses. Advocates for these financial incentives consider this necessary venture capital for overall economic development, while critics see these as a form of corporate welfare. The long-term consequences of these investments are still a mystery despite a long history within governmental policies. In stark contrast, state tax revenue is the primary source of governmental recovery of investments. Utilizing Volusia County’s fiscal records, researchers estimate the number of years to recover the investment as well as a return on investment (ROI).
Economic Analysis Projects
Hector H. Sandoval, Anita Walsh, Mark Girson
March 2019
The elderly population in Florida has significantly increased, therefore, as a result, long‐term care needs have also expanded, and a majority of senior Floridians are receiving home healthcare, living in nursing homes, or residing in assisted living facilities (ALFs). While the geriatric population receiving these services has increased, the overall cost and challenges faced by the healthcare providers has skyrocketed. For this project, the University of Florida Bureau of Economic & Business Research (BEBR), commissioned by the Florida Assisted Living Association (FALA), developed, and administered an online survey to assess these eldercare challenges. As a follow-up to the online survey, a telephone survey was conducted to gather more information about Floridians’ financial preparation for residing in an ALF.
Economic Analysis Projects
Hector H. Sandoval
November 2018
Founded in 2008, University of Florida Clinical and Translational Science Institute (UF CTSI) is the academic hub for clinical and translational science throughout the University and the State of Florida. The mission of UF’s CTSI is to improve human health by strengthening the University’s ability to conduct clinical and translational research.
Over one thousand researchers are associated with the CTSI and benefit from its services and resources. This project investigates individual research records on external funding, the number and quality of publications, and follows a quasi-experimental approach to estimate the effects of CTSI’s association on research productivity. Additionally, the project analyzes the expenditures of CTSI along with the associated increase in external funding attracted by CTSI researchers, which contributes to the regional economy of Alachua County and the State of Florida through the creation of jobs, purchases of products / services from local industries, and corresponding household spending.
Economic Analysis Projects
Hector H. Sandoval, Anita Walsh
September 2018
This project investigated how Florida’s retirees contribute about $184 less per person (about 2 percent less) to State and local government revenues compared to Florida’s non-retiree adult population. Florida’s governmental expenses are $3,985 less per person (about 35.1 percent lower). Comparatively, these contributions and expenses result in a positive net fiscal impact of $2,899 per retiree on Florida’s overall budget. In contrast with non-retiree adults in Florida, generally, retirees earn slightly less income and spend a smaller portion of that limited income on taxable goods. As a result, Florida’s retirees contribute around 12.5 percent less per person to gross receipt tax revenue and 3.9 percent less per person to all other revenue sources. Alternatively, Florida’s retirees tend to own more valuable homes, and as a result, they contribute about 22 percent more in property tax revenue.
Economic Analysis Projects
Hector H. Sandoval
January 2018
- Prepared by the University of Florida Bureau of Economic and Business Research (BEBR)
- Hector H. Sandoval, PhD, Bureau of Economic and Business Research
Racial inequity is a long-standing issue in many communities across the United States, affecting the opportunities of minority individuals and families. In March 2016, the United Church of Gainesville and the Alachua County branch of the National Association for the Advancement of Colored People (NAACP) sponsored a weekend-long seminar to focus community efforts on inequities in the Alachua County area. The seminar featured speakers from the Dane County, Wisconsin Race to Equity Project. This project collected existing national, state, and local data documenting racial disparities in the county and comparing those disparities to Wisconsin and the United States overall. Their study led to a community-wide focus on how their community can work together to meet the challenge of narrowing the gaps in quality of life among all racial and ethnic groups.
A group of Gainesville, Florida community leaders representing Alachua County, Alachua County Public Schools, City of Gainesville, Gainesville Area Chamber of Commerce, Santa Fe College, UF Health, and University of Florida saw value in completing a similar project. Wishing to understand and document racial inequity in Alachua County, this group called for the development of a baseline report grounded in quantitative findings to document and provide insights about the extent, nature, and source of racial inequality in Alachua County. The University of Florida Bureau of Economic and Business Research (BEBR) led this project in collaboration with the University of Florida Program for Resource Efficient Communities (PREC). This website contains the main results of this effort.
Please let us know how you are using the information contained in this report by emailing United Way of North Central Florida at research@unitedwayncfl.org.
Use the following links to download the documents containing the baseline report, the more in-depth supplemental module on housing, transportation, and neighborhoods developed by UF PREC, and a slide show presentation of the report.
BASELINE REPORT:
HOUSING, TRANSPORTATION, and NEIGHBORHOOD BASELINES:
PRESENTATION (SLIDES):
