Regional Economics Commons^™

Developing Community Economic Outcome Measures, George A. Erickcek

George A. Erickcek

No abstract provided.

Where Have All The Michigan Auto Jobs Gone?, Randall W. Eberts, George A. Erickcek

George A. Erickcek

No abstract provided.

The Role Of Small Business: A Tale Of Two Cities, George A. Erickcek

George A. Erickcek

No abstract provided.

Simulating The Effects Of Michigan's Mega Tax Credit Program On Job Creation And Fiscal Benefits, Timothy J. Bartik, George A. Erickcek

George A. Erickcek

This paper simulates job and fiscal impacts of Michigan’s MEGA tax credit program for job creation. Under plausible assumptions about how such credits affect business location decisions, the net costs per job created of the MEGA program are simulated to be of modest size. The job creation impacts of MEGA are simulated to be considerably larger than devoting similar dollar resources to general business tax cuts. The simulation methodology developed here is applicable to incentives in other states.

Indicators, Dashboards, Benchmarks, And Scorecards In Regional Economic Development: Lessons Learned, George A. Erickcek

George A. Erickcek

No abstract provided.

Contribution Of Education And Innovation To Productivity Among Mexican Regions: A Dynamic Panel Data Analysis, Vicente German-Soto, Luis Gutiérrez Flores

Vicente German-Soto

Economic Interrelationships And Impacts Of The Aviation/Aerospace Industry In The State Of Florida Using Input-Output Analysis, Kelly A. Whealan-George

Doctoral Dissertations and Master's Theses

The study provided a detailed description of the interrelatedness of the aviation and aerospace industry with principal industries in Florida and Volusia County (VC) using Input-Output (IO) analysis. Additionally, this research provided an economic impact analysis of the creation of a university research park in Daytona Beach (DB). The economic impact measures included not only direct economic output and industry employment descriptions but also described the multiplier effects in the form of indirect and induced impacts using data for 2012.

This research concluded the average labor income of the aviation and aerospace industry was higher than average labor income in …

Waste And Duplication In Nasa Programs: The Need To Enhance U.S. Space Program Efficiency, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

The U.S. Government faces acute budgetary deficits and national debt problems in the Obama Administration. These problems have been brought about by decades of unsustainable government spending affecting all agencies including the National Aeronautics and Space Administration. (NASA). An outgrowth of this fiscal profligacy is the presence of wasteful and duplicative programs within NASA that prevent this agency from achieving its space science and human spaceflight objectives. These problems occur due to mismanagement of these programs from NASA and the creation of these programs by the U.S. Congress and congressional committees. This occurs because congressional appropriators tend to be more …

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

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

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

Timothy J. Bartik

No abstract provided.

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

Timothy J. Bartik

No abstract provided.

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

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

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

Timothy J. Bartik

No abstract provided.

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

Timothy J. Bartik

No abstract provided.