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Full-Text Articles in Regional Economics

Broadly Shared Local Economic Success Since 2000: New Measures And New Lessons For Communities, Timothy J. Bartik, Brad J. Hershbein, Kathleen Bolter, Kyle Huisman, W.E. Upjohn Institute For Employment Research Mar 2024

Broadly Shared Local Economic Success Since 2000: New Measures And New Lessons For Communities, Timothy J. Bartik, Brad J. Hershbein, Kathleen Bolter, Kyle Huisman, W.E. Upjohn Institute For Employment Research

Reports

In recent decades, many local labor markets—especially those in former industrial areas—have experienced lagging employment rates, hourly wages, and annual earnings. Even in places that have thrived, disadvantaged racial and ethnic groups and those with less education have often fared poorly, and long-term growth has bypassed many Americans at the middle and bottom of the income distribution. This report examines the relative economic success over the past two decades (prior to the COVID pandemic) of different local labor markets throughout the United States, both for residents overall and for those of different demographic groups. We construct a new, publicly available …


Policies For Place: How To Make Sustainable Investments In Communities, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Lee Adams, Brian J. Asquith, Alfonso Hernandez, Kyle Huisman, Iryna V. Lendel, Gabrielle Pepin, Bridget F. Timmeney, Beth C. Truesdale, Yulya Truskinovsky Mar 2024

Policies For Place: How To Make Sustainable Investments In Communities, Kathleen Bolter, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams, Lee Adams, Brian J. Asquith, Alfonso Hernandez, Kyle Huisman, Iryna V. Lendel, Gabrielle Pepin, Bridget F. Timmeney, Beth C. Truesdale, Yulya Truskinovsky

Reports

No abstract provided.


What Should States Do About Incentives?, Timothy J. Bartik Sep 2019

What Should States Do About Incentives?, Timothy J. Bartik

Presentations

No abstract provided.


Incentives And Local Job Creation, Timothy J. Bartik Jul 2018

Incentives And Local Job Creation, Timothy J. Bartik

Upjohn Institute Policy and Research Briefs

No abstract provided.


What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik May 2018

What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik

Upjohn Institute Technical Reports

No abstract provided.


Improving Economic Development Incentives, Timothy J. Bartik Mar 2018

Improving Economic Development Incentives, Timothy J. Bartik

Upjohn Institute Policy and Research Briefs

No abstract provided.


Who Benefits From Economic Development Incentives? How Incentive Effects On Local Incomes And The Income Distribution Vary With Different Assumptions About Incentive Policy And The Local Economy, Timothy J. Bartik Mar 2018

Who Benefits From Economic Development Incentives? How Incentive Effects On Local Incomes And The Income Distribution Vary With Different Assumptions About Incentive Policy And The Local Economy, Timothy J. Bartik

Upjohn Institute Technical Reports

This report presents results from a simulation model that examines the effects of economic development incentives (e.g., tax incentives such as property tax abatements or job creation tax credits) provided to businesses by state and local governments in the United States. The model simulates effects of incentive policies on the incomes of local residents, both for different income types (e.g., labor income versus property income) and for different income quintiles, under different assumptions about the economy’s workings and public policy. Net benefits of incentives for local incomes are greater if the incentives have greater job-creation effects conditional on their effects …


New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik Jul 2017

New Evidence On State Fiscal Multipliers: Implications For State Policies, Timothy J. Bartik

Upjohn Institute Working Papers

When state and local governments engage in balanced budget changes in taxes and spending, what fiscal multiplier effects do such policies have on creating local jobs? Traditionally, the view has been that possible job-creation effects of such state and local “demand-side” policies are smaller, second-order effects. Such effects might be worthwhile to take into consideration when a state or local government balances its budget during a recession, but the effects were believed to be of modest magnitude, and not of major importance for more general state and local public policies. However, recent estimates of fiscal multiplier effects of state and …


Jobless Capital? The Role Of Capital Subsidies, Carlianne E. Patrick Oct 2015

Jobless Capital? The Role Of Capital Subsidies, Carlianne E. Patrick

Upjohn Institute Working Papers

Using tax abatements, financial incentives, and public investments to attract (or retain) firms is the primary economic development tool for many local governments. Often local job creation policies focus on increasing capital through grants, low-interest financing, and other economic development incentives. Theory predicts that capital subsidies induce firm behaviors that limit their job creation effects. This paper employs the Incentives Environment Index, constructed from state constitutional provisions that limit and structure the ability of state and local governmental entities to aid private enterprises, and five-year county panels to test theoretical predictions on county capital expenditure and input mixes as well …


Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget F. Timmeney, Jim Robey Jul 2014

Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget F. Timmeney, Jim Robey

Employment Research Newsletter

No abstract provided.


The Road Through The Rust Belt: From Preeminence To Decline To Prosperity, William M. Bowen, Editor Jan 2014

The Road Through The Rust Belt: From Preeminence To Decline To Prosperity, William M. Bowen, Editor

Upjohn Press

The chapters in this book explore reasons for the decline of "Rust Belt" cities and the often innovative responses of local leaders and entrepreneurs that are helping to revive these areas.


Economic Impact Of Businesses Assisted By Southwest Michigan First, George A. Erickcek, Randall W. Eberts Sep 2008

Economic Impact Of Businesses Assisted By Southwest Michigan First, George A. Erickcek, Randall W. Eberts

Reports

This report estimates the contribution to the Kalamazoo-Portage MSA's economy by businesses that have received substantial assistance from Southwest Michigan First (SMF), a private, not-for-profit economic development agency serving the greater Kalamazoo region. The report examines the trends in employment, gross regional product, and wages and salaries generated by the 105 firms that SMF staff identified as receiving substantial assistance from SMF between 2000 and 2008. The estimates extend through the year 2012 in order to capture the employment projections offered by some of the assisted firms. The study also provides upper bound estimates of the benefit-cost ratio of the …


Economic Dashboard Supplemental Report: Other Social And Economic Indicators, George A. Erickcek Aug 2007

Economic Dashboard Supplemental Report: Other Social And Economic Indicators, George A. Erickcek

Reports

No abstract provided.


Economic Scan And Workforce Development Profile: Barry, Branch, Calhoun, Kalamazoo, And St. Joseph Counties, Brad R. Watts, George A. Erickcek, Bridget F. Timmeney, Suprotik Stotz-Ghosh Jun 2007

Economic Scan And Workforce Development Profile: Barry, Branch, Calhoun, Kalamazoo, And St. Joseph Counties, Brad R. Watts, George A. Erickcek, Bridget F. Timmeney, Suprotik Stotz-Ghosh

Reports

No abstract provided.


Michigan Socioeconomic Conditions And Trends: West Michigan Compared To East Michigan, Brad R. Watts May 2007

Michigan Socioeconomic Conditions And Trends: West Michigan Compared To East Michigan, Brad R. Watts

Reports

No abstract provided.


Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson Jan 2004

Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson

Upjohn Press

Persky, Felsenstein, and Carlson explore a new framework for evaluating state and local economic development efforts. They propose a method, referred to as the “job-chains approach,” that they say clarifies the potential justifications for economic development subsidies as well as the limitations surrounding these efforts. This innovative approach addresses not only the number of job vacancies created as a result of a subsidized business investment or expansion, but also the extent to which gains are achieved by the unemployed and the underemployed, whether skilled or unskilled.


Benchmarking Study Of The Small Business Environment In Saginaw County, George A. Erickcek, Brad R. Watts Nov 2003

Benchmarking Study Of The Small Business Environment In Saginaw County, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.


Quality Of Life And Diversity In The Benton Harbor Metropolitan Area: Findings And Suggestions In Attracting Professional Workers, George A. Erickcek, Brad R. Watts Mar 2003

Quality Of Life And Diversity In The Benton Harbor Metropolitan Area: Findings And Suggestions In Attracting Professional Workers, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.


State Enterprise Zone Programs: Have They Worked?, Alan H. Peters, Peter S. Fisher Jan 2002

State Enterprise Zone Programs: Have They Worked?, Alan H. Peters, Peter S. Fisher

Upjohn Press

Peters and Fisher evaluate 75 EZs located in 13 states to gain an understanding of the overall effectiveness of state enterprise zones. Faced with a paucity of data on EZs that could be used in standard economic analysis, the authors employ a hypothetical firm model in which they apply various EZ and non-EZ incentives to financial statements created for a set of "typical" firms. Observing the impacts of both types of incentives on firms' financial statements allow Peters and Fisher to predict the firms' resulting behavior. Between these findings and the data accumulated from actual EZs, they are able to …


St. Joseph County Benchmarking Study, George A. Erickcek, Brad R. Watts Sep 2001

St. Joseph County Benchmarking Study, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.


Bidding For Business: The Efficacy Of Local Economic Development Incentives In A Metropolitan Area, John E. Anderson, Robert W. Wassmer Jan 2000

Bidding For Business: The Efficacy Of Local Economic Development Incentives In A Metropolitan Area, John E. Anderson, Robert W. Wassmer

Upjohn Press

Anderson and Wassmer examine the use and effectiveness of local economic development incentives within a specific region, the Detroit metropolitan area. The Detroit area serves as a good example, they say, because of the area's 20-plus year track record of its communities offering the gamut of economic incentives aimed at redirecting economic activity and jobs. The evidence they uncover reveals factors that drive cities not just in this Southeast Michigan area, but nationwide to offer particular types of incentives that are more or less generous than those offered by their neighbors.


Changes In Income Inequality Within U.S. Metropolitan Areas, Janice Fanning Madden Jan 2000

Changes In Income Inequality Within U.S. Metropolitan Areas, Janice Fanning Madden

Upjohn Press

In studying MSA data that link the characteristics of metropolitan economies to significant changes in income inequality, Madden is able to study changes in poverty rates, household income inequality, and wage inequality within 182 of the largest MSAs and to identify what she says are the three factors most likely to influence changes in income inequality in metropolitan areas.


Rising Wage Inequality: The 1980s Experience In Urban Labor Markets, Thomas Hyclak Jan 2000

Rising Wage Inequality: The 1980s Experience In Urban Labor Markets, Thomas Hyclak

Upjohn Press

Hyclak analyzes information not utilized in previous studies of wage inequality. Whereas researchers previously relied on data derived from the national labor market, Hyclak draws on data from the Area Wage Surveys (AWS), which allows him to focus on changes in the wage structure in a sample of 20 local labor markets for the period of 1974 to 1991. This source also allows him to examine changes in the structure of wages paid for some 40 different jobs found in four different occupational groups. In addition, Hyclak is able to concentrate on jobs and the skills required as the primary …


Ingham County Economic Development Policy Assessment And Organization Implementation, George A. Erickcek, Gove Associates, Inc., W.E. Upjohn Institute For Employment Research May 1998

Ingham County Economic Development Policy Assessment And Organization Implementation, George A. Erickcek, Gove Associates, Inc., W.E. Upjohn Institute For Employment Research

Reports

This report provides an independent assessment of Ingham County's current economic development policy and offers recommendations on how to make the county's role in economic development more effective.


Industrial Incentives: Competition Among American States And Cities, Peter S. Fisher, Alan H. Peters Jan 1998

Industrial Incentives: Competition Among American States And Cities, Peter S. Fisher, Alan H. Peters

Upjohn Press

This book is the first significant attempt to quantify the development efforts made by state and local governments. The authors' extensive research focuses on tax and incentive policies across the 24 most industrialized states in the United States and a sample of 112 cities from within those states.


Small Business Capital Access Study For The Cleveland Area: Summary Outline Of Findings, George A. Erickcek Jul 1997

Small Business Capital Access Study For The Cleveland Area: Summary Outline Of Findings, George A. Erickcek

Reports

No abstract provided.


Social And Community Indicators To Monitor Berrien County's Needs For Social And Public Services, George A. Erickcek, Sharon Hanrahan, Sharon Pittman Mar 1997

Social And Community Indicators To Monitor Berrien County's Needs For Social And Public Services, George A. Erickcek, Sharon Hanrahan, Sharon Pittman

Reports

No abstract provided.


Assessing The Importance Of Small Business In The Greater Cleveland Area, George A. Erickcek Jan 1997

Assessing The Importance Of Small Business In The Greater Cleveland Area, George A. Erickcek

Reports

No abstract provided.


Economic Analysis Of The Greater South Haven Area: Choices & Consequences, George A. Erickcek, Christine R. Fahndrich Feb 1996

Economic Analysis Of The Greater South Haven Area: Choices & Consequences, George A. Erickcek, Christine R. Fahndrich

Reports

No abstract provided.


The Effects Of Metropolitan Job Growth On The Size Distribution Of Family Income, Timothy J. Bartik Mar 1991

The Effects Of Metropolitan Job Growth On The Size Distribution Of Family Income, Timothy J. Bartik

Upjohn Institute Working Papers

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 …