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Articles 1 - 9 of 9
Full-Text Articles in Regional Economics
What Should Eda Fund? Developing A Model For Pre-Assessment Of Economic Development Investments, Brad R. Watts, George A. Erickcek, Jacob Duritsky, Kevin O'Brien, Claudette Robey, Jim Robey
What Should Eda Fund? Developing A Model For Pre-Assessment Of Economic Development Investments, Brad R. Watts, George A. Erickcek, Jacob Duritsky, Kevin O'Brien, Claudette Robey, Jim Robey
George A. Erickcek
This paper describes the completion of a "comprehensive study of regionalism" that was conducted by a joint team of economists and economic development specialists for the Economic Development Administration (EDA). The project consisted of two main activities: an examination of the factors associated with economic development success and the creation of a practical interactive tool for EDA project assessment and comparison. Findings from surveys, interviews, and project case studies are discussed in terms of their support for a positive relationship between successful economic development efforts and factors such as leadership and private investment. Also, the authors discuss the creation of …
The Role Of Small Business: A Tale Of Two Cities, George A. Erickcek
The Role Of Small Business: A Tale Of Two Cities, George A. Erickcek
George A. Erickcek
No abstract provided.
Indicators, Dashboards, Benchmarks, And Scorecards In Regional Economic Development: Lessons Learned, George A. Erickcek
Indicators, Dashboards, Benchmarks, And Scorecards In Regional Economic Development: Lessons Learned, George A. Erickcek
George A. Erickcek
No abstract provided.
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.
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.
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 …
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 …
Investing In Kids: Early Childhood Programs And Local Economic Development, Timothy Bartik
Investing In Kids: Early Childhood Programs And Local Economic Development, Timothy Bartik
Timothy J. Bartik
Early childhood programs, if designed correctly, pay big economic dividends down the road because they increase the skills of their participants. And since many of those participants will remain in the same state or local area as adults, the local economy benefits: more persons with better skills attract business, which provides more and better jobs for the local economy. Bartik measures ratios of local economic development benefits to costs for both early childhood education and business incentives. He shows that early childhood programs and the best-designed business incentives can provide local benefits that significantly exceed costs. Given this, states and …
Who Benefits From State And Local Economic Development Policies?, Timothy Bartik
Who Benefits From State And Local Economic Development Policies?, Timothy Bartik
Timothy J. Bartik
Bartik reviews evidence on whether state and local policies affect job growth. He then presents empirical data supporting the intentions of such programs, showing that job growth may lead to a number of positive long-term effects including: lower unemployment, higher labor force participation, higher real estate values, and better occupational opportunities. He also shows that the earnings gains to disadvantaged groups outweigh the resulting increased real estate values for property owners, and concludes by saying that regional competition for jobs may actually be a benefit for the nation as a whole.