EXTENSIVE EXPERIENCE ACROSS MANY INDUSTRIES
At the outset of a project, we help clients articulate the initial problem and scope. HE prides itself on our ability to customize a suite of solutions that focus on each client’s initiative. Using economic principles, our team studies the issues. As the project progresses and new discoveries are made, we bring new insight about the initiative to the client.
Our client list is diverse, covering a range of public and private concerns, government agencies and corporations. We work in many areas including Water, Natural and Environmental Resource Economics, Tourism and Recreation, Energy, Minerals, Litigation Support, NEPA, and Agriculture. Regardless of the endeavor, the types of questions that guide our team are fundamental.
FORECASTING
Over the river
The artist Christo once planned to cover the well known fishing and rafting Arkansas River in a fabric as a temporary art installation. HE was retained to project the visitation and economic effects of this extraordinary project.
moffat
Harvey Economics frequently works on large Environmental Impact Studies (EISs). Denver Water’s Moffat Collection System is one such project, as it has explored various project options to expand water storage in the Colorado foothills. Harvey Economics prepared long-term projections of future water demands for Denver Water customers to assess the purpose and need for the Moffat project and its socioeconomic effects.
SWSI (Statewide Water Supply Initiative)
The State of Colorado retained HE to develop long term economic and population projections for each county and region to project water needs as part of the State Water Plan. Economic development scenarios driven by local, state, national and international forces were the focus of this work. Separate studies of urbanization of irrigated lands and energy development on the Western Slope were performed.
IMPACT ANALYSIS
Wyoming Schools
For several decades, HE has examined the State of Wyoming’s distribution of monies for K-12 education. HE has evaluated the state’s financial formula for inflation and regional cost of living differences, economies of scale and funding adequacy to ensure equal opportunity for all students in this diverse state.
Navajo Generating Station Study
When compliance with air quality threatened to close one of the nation’s largest coal fired power plants, HE identified and estimated the economic impacts on the State of Arizona and a prominent Indian nation, the Gila River Indian Community. HE explored the unique role this power plant plays in the water supply, agriculture and financial well-being of the region.
Business Valuation
HE was retained in a lawsuit to conduct an analysis of the business loss of five doctors who practice in Colorado Springs. HE helped to determine a value of the business loss by converting lost patients to dollars and analyzing hospital charts and medical records to determine patient percentage lost.
Feasibility
Dahla Dam
HE projected the economic benefits and compared them to the costs to determine the feasibility of a USAID dam improvement project in the Kandahar region of Afghanistan. The dam provides nearly all the irrigation water for a major crop producing area of the country. Despite a firm-wide desire, HE was not needed to inspect the facilities in person.
Corn Growers
HE developed a decision support tool to aid producers in evaluating an agricultural water transfer lease. This tool is also useful as a farm business management device for evaluating any operational changes to the farm such as varying the crops grown or irrigation water used.
Pink Jeep Tours
Pink Jeep Tours provides off-road adventures in the Sedona area of Arizona. Facing potential significant loss of business due to changes in federal rules regarding trail use, Pink Jeep Tours turned to Harvey Economics. HE prepared estimates of the economic contributions of Pink Jeep Tours to the City of Sedona and the surrounding region. The USFS ultimately selected a trail management approach that kept the jeep tour business intact.