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- Economic development - Regional policy and planning (20)
- Economic development - Tax and other business incentives (17)
- Economic development - Local labor markets (13)
- State policy (12)
- Business incentives (11)
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- Local economic development (10)
- Economic development (8)
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- Economic development - Michigan studies (4)
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- Evaluation (4)
- Federal policy (4)
- Local labor markets (4)
- Performance measurement (4)
- Regional economic development (4)
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Articles 1 - 30 of 37
Full-Text Articles in Social and Behavioral Sciences
Migration And Housing Price Effects Of Place-Based College Scholarships, Timothy J. Bartik, Nathan Sotherland
Migration And Housing Price Effects Of Place-Based College Scholarships, Timothy J. Bartik, Nathan Sotherland
Timothy J. Bartik
Place-based college scholarships, such as the Kalamazoo Promise, provide students who live in a particular place, and/or who attend a particular school district, with generous college scholarships. An important potential benefit from such “Promise programs” is their short-term effects on local economic development. Generous Promise scholarships provide an incentive for families to locate in a particular place, which may change migration patterns, and potentially boost local employment and housing prices. Using data from the American Community Survey, this paper estimates the average effects of eight relatively generous Promise programs on migration rates and housing prices in their local labor market. …
Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik
Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik
Timothy J. Bartik
No abstract provided.
Higher Education, The Health Care Industry, And Metropolitan Regional Economic Development: What Can "Eds & Meds" Do For The Economic Fortunes Of A Metro Area's Residents?, Timothy J. Bartik, George A. Erickcek
Higher Education, The Health Care Industry, And Metropolitan Regional Economic Development: What Can "Eds & Meds" Do For The Economic Fortunes Of A Metro Area's Residents?, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
This paper examines the effects of expansions in higher educational institutions and the medical service industry on the economic development of a metropolitan area. This examination pulls together previous research and provides some new empirical evidence. We provide quantitative evidence of the magnitude of economic effects of higher education and medical service industries that occur through the mechanism of providing some export-base demand stimulus to a metropolitan economy. We also provide quantitative evidence on how much higher education institutions can boost a metropolitan economy through increasing the educational attainment of local residence. We estimate that medical service industries pay above …
The Effects Of Metropolitan Job Growth On The Size Distribution Of Family Income, Timothy J. Bartik
The Effects Of Metropolitan Job Growth On The Size Distribution Of Family Income, Timothy J. Bartik
Timothy J. Bartik
This paper examines how a metropolitan area's job growth affects its income distribution. The research uses annual Current Population Survey data on the income distribution in different metropolitan areas from 1979 through 1988. Faster metropolitan job growth increases real family income in the lowest income quintile by a significantly greater percentage than for the average family. Metropolitan job growth also increases the value of property owned by upper income quintiles, but property value effects are not large enough to offset the progressive effects of growth on labor income. Simulations indicate that economic development programs to increase metropolitan job growth will …
The Future Of State And Local Economic Development Policy: What Research Is Needed, Timothy Bartik
The Future Of State And Local Economic Development Policy: What Research Is Needed, Timothy Bartik
Timothy J. Bartik
No abstract provided.
Discussion [Of The Effects Of State And Local Public Services On Economic Development By Ronald C. Fisher], Timothy Bartik
Discussion [Of The Effects Of State And Local Public Services On Economic Development By Ronald C. Fisher], Timothy Bartik
Timothy J. Bartik
No abstract provided.
Federal Policy Towards State And Local Economic Development In The 1990s, Timothy J. Bartik
Federal Policy Towards State And Local Economic Development In The 1990s, Timothy J. Bartik
Timothy J. Bartik
This paper suggests new federal policies towards state and local economic development assistance to business. I argue that there is some evidence that these programs can be effective in encouraging business growth and helping the unemployed. But state and local governments do not have the right incentives to adequately pursue national goals through economic development programs. State and local governments are not inclined to do quality evaluations of their programs and tend to favor business attraction programs over programs that might increase U.S. business productivity. In addition, it is unclear whether economic development efforts are most vigorously pursued by economically …
Economic Development Incentive Wars, Timothy J. Bartik
Economic Development Incentive Wars, Timothy J. Bartik
Timothy J. Bartik
No abstract provided.
Economic Development Strategies, Timothy J. Bartik
Economic Development Strategies, Timothy J. Bartik
Timothy J. Bartik
This paper provides a guide to economic development policies for local government managers. Local economic development policies today include not only tax subsidies for branch plants, but also job training to provide workers to businesses, advice and support services for potential entrepreneurs, and extension services to help businesses modernize and export. To help local government managers, this paper suggests a number of guiding principles, including: local economic development should be pursued cooperatively across the local labor market; economic development programs should consider the quality of jobs created; tax subsidies are expensive per job created; development subsidies are more effective if …
Thoughts On American Manufacturing Decline And Revitalization, Timothy J. Bartik
Thoughts On American Manufacturing Decline And Revitalization, Timothy J. Bartik
Timothy J. Bartik
No abstract provided.
Maximum Score Estimates Of The Determinants Of Residential Mobility: Implications For The Value Of Residential Attachment And Neighborhood Amenities, Timothy J. Bartik, J. S. Butler, Jin-Tan Liu
Maximum Score Estimates Of The Determinants Of Residential Mobility: Implications For The Value Of Residential Attachment And Neighborhood Amenities, Timothy J. Bartik, J. S. Butler, Jin-Tan Liu
Timothy J. Bartik
This paper examines the determinants of the decision of low-income renters to move out of their current dwelling. Maximum score estimation is shown to be superior to ordinary discrete choice estimation techniques (probit, logit) for this problem, and for similar discrete choices that require revering a previously optimal decision. The estimation reveals psychological costs from moving for typical low income renters of at least 8% of their income ; these costs are even higher for older, longer tenure, or minority households. Policies that displace low income renters will have large social costs. In addition, the estimation results are used to …
The Perplexing Literature On Growth And Change, Timothy Bartik, Thomas Boehm, Alan Schlottmann
The Perplexing Literature On Growth And Change, Timothy Bartik, Thomas Boehm, Alan Schlottmann
Timothy J. Bartik
No abstract provided.
What Should The Federal Government Be Doing About Urban Economic Development?, Timothy J. Bartik
What Should The Federal Government Be Doing About Urban Economic Development?, Timothy J. Bartik
Timothy J. Bartik
The federal government should focus its policies towards economic development on areas in which the federal government has some unique advantages. Federal policy should: (1) discourage financial subsidies to specific large firms by state and local governments; (2) expand the federal role in economic development services in which national action has some special advantages, such as developing information on foreign markets, encouraging large national banks to be more involved in economic development, supporting the development of the "Information Superhighway," and encouraging new technology development; (3) provide modest support for state and local efforts to increase business productivity through technology extension …
Saturn And State Economic Development, Timothy J. Bartik, Charles Becker, Steve Lake, John Bush
Saturn And State Economic Development, Timothy J. Bartik, Charles Becker, Steve Lake, John Bush
Timothy J. Bartik
No abstract provided.
Incentive Solutions, Timothy J. Bartik
Incentive Solutions, Timothy J. Bartik
Timothy J. Bartik
This paper reviews the research literature relevant to economic development incentives provided by state and local governments, and recommends reforms in these incentives. I argue that the main problem with current incentive policies is that state and local governments often provide incentives that are not in the best interest of that state or local area, for example that are excessively costly per job created, or that provide jobs that do not improve the job opportunities of local residents. I suggest that reforms should be "bottom-up" rather than "top-down." Regulation of incentives by the federal government, or by international trade treaties, …
How Effects Of Local Labor Demand Shocks Vary With Local Labor Market Conditions, Timothy J. Bartik
How Effects Of Local Labor Demand Shocks Vary With Local Labor Market Conditions, Timothy J. Bartik
Timothy J. Bartik
This paper estimates how effects of shocks to local labor demand on local labor market outcomes vary with initial local economic conditions. The data are on U.S. metro areas from 1979 to 2011. The paper finds that demand shocks to local job growth have greater effects in reducing local unemployment rates if the local economy is initially depressed than if the local economy is booming. Demand shocks have greater effects on local wage rates if the local unemployment rate is initially low, but lesser effects if local job growth is initially high. These different effects of local demand shocks imply …
Jobs, Productivity, And Local Economic Development: What Implications Does Economic Research Have For The Role Of Government?, Timothy Bartik
Jobs, Productivity, And Local Economic Development: What Implications Does Economic Research Have For The Role Of Government?, Timothy Bartik
Timothy J. Bartik
No abstract provided.
From Preschool To Prosperity: The Economic Payoff To Early Childhood Education, Timothy J. Bartik
From Preschool To Prosperity: The Economic Payoff To Early Childhood Education, Timothy J. Bartik
Timothy J. Bartik
Bartik shows that investment in high-quality early childhood education has several long-term benefits, including higher adult earnings for program participants.
"Eds & Meds" And Metropolitan Economic Development, Timothy J. Bartik, George A. Erickcek
"Eds & Meds" And Metropolitan Economic Development, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
No abstract provided.
What Should Michigan Be Doing To Promote Long-Run Economic Development?, Timothy J. Bartik
What Should Michigan Be Doing To Promote Long-Run Economic Development?, Timothy J. Bartik
Timothy J. Bartik
This paper argues that Michigan can take cost-effective actions to significantly improve the primary state economic development goal: higher per capita income of Michigan's residents. Higher per capita income of Michigan's residents can be achieved through state policy actions that use cost-effective means to either lower the marginal costs of businesses that expand in the state, or boost the skills of state residents. In this paper, I offer eight ideas for how to lower marginal business costs and boost skills. Four of these ideas focus on lowering marginal business costs. Four other ideas focus on boosting skills. For each of …
The Market Failure Approach To Regional Economic Development Policy, Timothy Bartik
The Market Failure Approach To Regional Economic Development Policy, Timothy Bartik
Timothy J. Bartik
No abstract provided.
Local Economic Development Policies, Timothy J. Bartik
Local Economic Development Policies, Timothy J. Bartik
Timothy J. Bartik
This chapter seeks to provide useful advice for local government policy towards economic development programs. The chapter: reviews the size and scope of local economic development programs in the United States; critically analyzes the various rationales offered for these programs; makes recommendations for what local policy should do about business attraction and incentives, business retention, new business development, high technology development, brownfield development, distressed neighborhoods, and downtowns; and discusses how local economic development programs should be organized, managed, and evaluated.
Better Evaluation Is Needed For Economic Development Programs To Thrive, Timothy Bartik
Better Evaluation Is Needed For Economic Development Programs To Thrive, Timothy Bartik
Timothy J. Bartik
No abstract provided.
Eight Issues For Policy Toward Economic Development Incentives, Timothy Bartik
Eight Issues For Policy Toward Economic Development Incentives, Timothy Bartik
Timothy J. Bartik
No abstract provided.
Economic Development And Black Economic Success, Timothy J. Bartik
Economic Development And Black Economic Success, Timothy J. Bartik
Timothy J. Bartik
No abstract provided.
What Proportion Of Children Stay In The Same Location As Adults, And How Does This Vary Across Location And Groups?, Timothy J. Bartik
What Proportion Of Children Stay In The Same Location As Adults, And How Does This Vary Across Location And Groups?, Timothy J. Bartik
Timothy J. Bartik
This paper provides new information on what proportion of individuals spend their adult work lives in their childhood metropolitan area or state. I also examine how this proportion varies across different demographic groups, and with the size and growth rate of the metropolitan area. I find that the proportion of individuals who spend most of their adulthood in their childhood metropolitan area is surprisingly high. Furthermore, this proportion does not go down as much as one might think for smaller or slower-growing metropolitan areas, or for college-educated persons. These findings imply that state and local investments in children may pay …
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
This paper estimates that Michigan's MEGA tax credit program to attract and retain businesses has large employment and fiscal benefits. MEGA provides discretionary tax credits to businesses, with the tax credit tied to the personal income taxes paid by employees on the new or retained jobs. We estimate the economic effects of MEGA using the Upjohn Institute's REMI model, and the research literature on how business location decisions respond to taxes. We estimate the fiscal effects of MEGA based on the research literature on how government spending and revenue respond to state personal income and population. The estimates suggest a …
Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik
Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik
Timothy J. Bartik
This paper considers how a state such as Michigan can increase the economic development benefits of higher education. Research evidence suggests that higher education increases local economic development principally by increasing the quality of the local workforce, and secondarily by increasing local innovative ideas. These economic development benefits of higher education can be increased by: 1) competent management of conventional economic development programs that focus on business attraction and retention; 2) policies that focus on increasing local job skills by educating the state's residents, as opposed to attracting in-migrants; 3) policies that address specific "market failures" in how higher education …
The Impact Of Marginal Business Taxes On State Manufacturing, Richard Funderburg, Timothy Bartik, Alan Peters, Peter Fisher
The Impact Of Marginal Business Taxes On State Manufacturing, Richard Funderburg, Timothy Bartik, Alan Peters, Peter Fisher
Timothy J. Bartik
No abstract provided.
The Revitalization Of Older Industrial Cities: A Review Essay Of Retooling For Growth, Timothy Bartik
The Revitalization Of Older Industrial Cities: A Review Essay Of Retooling For Growth, Timothy Bartik
Timothy J. Bartik
No abstract provided.