Research for a Better New Mexico

Departmental News

Posted: August 19, 2023

Economics faculty members shared their research with over 50 attendees, including state legislators, student, faculty members, and alumni, at the department’s second annual Economics Research Day.

With help from graduate and undergraduate research assistants, the economics professors reported positive spillover effects of pre-kindergarten programs on county-level academic achievement; high initial costs but positive returns for bioenergy production on New Mexico’s dairy farms; more tax revenue but negligible decreases in alcohol consumption from higher alcohol taxes; positive quality effects of home-growing on the cannabis market; substantial health effects but no negative housing price effects from the oil and gas boom in the Permian Basin. Read the full reports here.

The research was made possible through funding from the New Mexico State Legislature.