Document Type

Report

Publication Date

6-2014

Keywords

Dry county, wet county, economic benefits, Craighead County, Faulkner County, Saline County, Arkansas, retail alcohol

Abstract

Converting from dry county to wet county status would have a number of tangible and intangible economic benefits for Craighead, Faulkner, and Saline counties. Legal retail alcohol sales are a signal of a contemporary economic development environment. Quantifying the value of that perception is quite difficult, but it is entirely possible to estimate sales effects, tax collections, and other economic impacts of becoming a wet county. This study was conducted by the Center for Business and Economic Research to assess the magnitude of those economic effects.

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