Dry county, wet county, economic benefits, Randolph County, Arkansas, retail alcohol
Converting from a dry county to wet county status would have a number of tangible and intangible economic benefits for Randolph County. 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.
Deck, K. A., & Jebaraj, M. (2016). Economic Impact of Legalizing Retail Alcohol Sales in Randolph County. Publications and Presentations. Retrieved from https://scholarworks.uark.edu/cberpub/4
Behavioral Economics Commons, Finance Commons, Growth and Development Commons, Industrial Organization Commons, Labor Economics Commons, Regional Economics Commons