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Articles 1 - 16 of 16
Full-Text Articles in Regional Economics
Competing For Innovation: A Case Study Of Knoxville And Similar Metropolitan Areas, Lucille G. Marret
Competing For Innovation: A Case Study Of Knoxville And Similar Metropolitan Areas, Lucille G. Marret
Baker Scholar Projects
Knoxville competes with other mid-sized metropolitan areas for economic development and business attraction at the national level. Cities such as Greenville, SC, Huntsville, AL, and Ann Arbor, MI have similar resources and attributes to Knoxville, yet they are consistently surpassing Knoxville in business attraction and expansion. It is necessary for policy makers to understand what factors are contributing to underperformance in order to better support Knoxville’s efforts to create an innovation fund. Comparing available assets and access to funding for each MSA reveals that Knoxville has the necessary resources through the University of Tennessee and Oak Ridge National Laboratory to …
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.
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.
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 …
Do Economic Development Efforts Benefit All? Business Attraction And Income Inequality, Xiaobing Shuai
Do Economic Development Efforts Benefit All? Business Attraction And Income Inequality, Xiaobing Shuai
School of Professional and Continuing Studies Faculty Publications
This paper extends the current literature on county-level income distribution in the United States by explicitly exploring the effect of business-attraction efforts by state governments. Using county-level job attraction and retention data from 2000 to 2005 in Virginia to explain the income distribution from 2006 to 2010, while controlling for demographic and socioeconomic conditions of local communities, this study shows that bringing in manufacturing jobs can reduce income inequality at the local level while attracting jobs in professional and business services tends to increase local income inequality. The results indicate that state and local governments’ efforts to attract and retain …
Mediating Incentive Use: A Time-Series Assessment Of Economic Development Deals In North Carolina, T. William Lester, Nichola Lowe, Allan Freyer
Mediating Incentive Use: A Time-Series Assessment Of Economic Development Deals In North Carolina, T. William Lester, Nichola Lowe, Allan Freyer
Upjohn Institute Working Papers
State incentive granting for the purpose of firm retention or recruitment remains highly controversial and is often portrayed as antithetical to long-range economic development planning. This paper uses quasi-experimental methods to measure the impact of state-level economic development incentives on employment growth at the establishment level in North Carolina. Using North Carolina’s rich history of strategic planning and sector-based economic development as a backdrop, we develop a theory of sectoral “mediation.” This enables us to compare the effectiveness of incentives offered in mediated and nonmediated industries and show that when incentives are coupled with sectoral economic development efforts they generate …
Better Deals For State And Local Economic Development, Ann R. Markusen
Better Deals For State And Local Economic Development, Ann R. Markusen
Employment Research Newsletter
No abstract provided.
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
Upjohn Institute Working Papers
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 …
Local Economic Development Policies, Timothy J. Bartik
Local Economic Development Policies, Timothy J. Bartik
Upjohn Institute Working Papers
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.
The Effectiveness Of State Enterprise Zones, Alan H. Peters, Peter S. Fisher
The Effectiveness Of State Enterprise Zones, Alan H. Peters, Peter S. Fisher
Employment Research Newsletter
No abstract provided.
State Enterprise Zone Programs: Have They Worked?, Alan H. Peters, Peter S. Fisher
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 …
Bidding For Business: The Efficacy Of Local Economic Development Incentives In A Metropolitan Area, John E. Anderson, Robert W. Wassmer
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.
Industrial Incentives: Competition Among American States And Cities, Peter S. Fisher, Alan H. Peters
Industrial Incentives: Competition Among American States And Cities, Peter S. Fisher, Alan H. Peters
Employment Research Newsletter
No abstract provided.
Industrial Incentives: Competition Among American States And Cities, Peter S. Fisher, Alan H. Peters
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.
Foreign Direct Investment In The United States: Issues, Magnitudes, And Location Choice Of New Manufacturing Plants, Jan Ondrich, Michael J. Wasylenko
Foreign Direct Investment In The United States: Issues, Magnitudes, And Location Choice Of New Manufacturing Plants, Jan Ondrich, Michael J. Wasylenko
Upjohn Press
What effect does foreign direct investment (FDI) have on job creation, wages, and productivity in the U.S.? How does FDI impact the budget deficit? How do changes in states' fiscal policy affect plant location choices? Ondrych and Wasylenko address these and other politically-charged questions concerning FDI. Provided is empirical evidence drawn from a pooled cross-section and time-series data set that identifies the criteria foreigners use to make location decisions. The authors also develop a model, against which they compare their findings, and review policy options available at the state and federal levels. Information provided will help states shape, focus, and …
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
Journal Articles
No abstract provided.