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Effects of Population Redistribution in the Northeast

Published online by Cambridge University Press:  10 May 2017

William H. Beardsley*
Affiliation:
Bangor Hydro-Electric Company, Bangor, Maine
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Extract

Bangor, Maine's, claim to fame is its statue of Paul Bunyan and my little Company only sells about 2 percent of New England's electricity. Why, then, our interest in population redistribution in the Northeast. Well, it's because we have a capital budget of $180 million for the next decade and for every family of four we expect, but doesn't materialize, we've shot $10,000 of somebody's money. I’d like to tell you how we go about forecasting. In one approach we start with population and build our forecast block by block. In a second approach we start with national projections and back into regional demography almost as a byproduct.

Type
Research Article
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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