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Economics

Selected Works

Economic development - Regional policy and planning

Articles 1 - 30 of 65

Full-Text Articles in Social and Behavioral Sciences

What Works In State Economic Development?, Timothy Bartik Jan 2015

What Works In State Economic Development?, Timothy 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 Jan 2015

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 Jan 2015

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 …


A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik Jan 2015

A Proposal For Early Impact, Persistent, And Cost-Effective Job Creation Policies, Timothy J. Bartik

Timothy J. Bartik

No abstract provided.


"Eds And Meds" And Metropolitan Economic Development, Timothy Bartik, George Erickcek Jan 2015

"Eds And Meds" And Metropolitan Economic Development, Timothy Bartik, George Erickcek

Timothy J. Bartik

No abstract provided.


The Future Of State And Local Economic Development Policy: What Research Is Needed, Timothy Bartik Jan 2015

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 Jan 2015

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 Jan 2015

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 …


The Rise Of The Entrepreneurial State: State And Local Development Policy In The United States By Peter K. Eisinger, Timothy Bartik Jan 2015

The Rise Of The Entrepreneurial State: State And Local Development Policy In The United States By Peter K. Eisinger, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Urban Labor Markets, Timothy Bartik, Randall Eberts Jan 2015

Urban Labor Markets, Timothy Bartik, Randall Eberts

Timothy J. Bartik

No abstract provided.


Boon Or Boondoggle? The Debate Over State And Local Economic Development Policies, Timothy Bartik Jan 2015

Boon Or Boondoggle? The Debate Over State And Local Economic Development Policies, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Economic Development Strategies, Timothy J. Bartik Jan 2015

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 …


Small Business Start-Ups In The United States: Estimates Of The Effects Of Characteristics Of States, Timothy Bartik Jan 2015

Small Business Start-Ups In The United States: Estimates Of The Effects Of Characteristics Of States, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Thoughts On American Manufacturing Decline And Revitalization, Timothy J. Bartik Jan 2015

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 Jan 2015

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 …


Growing State Economies: How Taxes And Public Services Affect Private-Sector Performance, Timothy Bartik Jan 2015

Growing State Economies: How Taxes And Public Services Affect Private-Sector Performance, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Urban Amenities And Public Policy, Timothy Bartik, V. Smith Jan 2015

Urban Amenities And Public Policy, Timothy Bartik, V. Smith

Timothy J. Bartik

No abstract provided.


The Perplexing Literature On Growth And Change, Timothy Bartik, Thomas Boehm, Alan Schlottmann Jan 2015

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 Jan 2015

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 …


Spillover Effects Of Welfare Reforms In State Labor Markets, Timothy Bartik Jan 2015

Spillover Effects Of Welfare Reforms In State Labor Markets, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Housing Markets And Residential Mobility, G. Thomas Kingsley, And Margery Austin Turner, Eds., Timothy Bartik Jan 2015

Housing Markets And Residential Mobility, G. Thomas Kingsley, And Margery Austin Turner, Eds., Timothy Bartik

Timothy J. Bartik

No abstract provided.


Saturn And State Economic Development, Timothy J. Bartik, Charles Becker, Steve Lake, John Bush Jan 2015

Saturn And State Economic Development, Timothy J. Bartik, Charles Becker, Steve Lake, John Bush

Timothy J. Bartik

No abstract provided.


Social Costs Of Jobs Lost Due To Environmental Regulations, Timothy J. Bartik Jan 2015

Social Costs Of Jobs Lost Due To Environmental Regulations, Timothy J. Bartik

Timothy J. Bartik

This paper estimates the social costs of job loss due to environmental regulation. Per job lost, potential social costs of job loss are high, plausibly over $100,000 in present value costs (2012 dollars) per permanently lost job. However, these social costs will typically be far less than the earnings associated with lost jobs, because labor markets and workers adjust, increased leisure has some value, and employers benefit from wage reductions. A plausible range for social costs is 8–32 percent of the associated earnings of the lost jobs. Social costs will be higher for older workers, high-wage jobs, and in high …


Higher Education, The Health Care Industry, And Metropolitan Regional Economic Development, Timothy Bartik, George Erickcek Jan 2015

Higher Education, The Health Care Industry, And Metropolitan Regional Economic Development, Timothy Bartik, George Erickcek

Timothy J. Bartik

This project examined the effects of expansions in higher educational institutions and the medical service industry, "eds and meds," on the economic development of a metropolitan area. The authors provided 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. Quantitative evidence on how much higher education institutions can boost a metropolitan economy through increasing the educational attainment of local residents was also included. Other mechanisms by which these two industries may boost a metropolitan economy include increasing local amenities, …


Attracting Capital To Distressed Areas, Timothy Bartik Jan 2015

Attracting Capital To Distressed Areas, Timothy Bartik

Timothy J. Bartik

Researchers addressed the topic of attracting capital to distressed urban areas and focused on the extent to which this problem can be solved by increasing labor demand for residents of distressed areas through attracting private investment. This increase in labor demand allows an increase in employment per capita and earnings per capita in residents' home areas. The report analyzed the type and scale of federal policy options that led to the attraction of substantial capital to distressed areas.


"Eds & Meds" And Metropolitan Economic Development, Timothy J. Bartik, George A. Erickcek Jan 2015

"Eds & Meds" And Metropolitan Economic Development, Timothy J. Bartik, George A. Erickcek

Timothy J. Bartik

No abstract provided.


The Market Failure Approach To Regional Economic Development Policy, Timothy Bartik Jan 2015

The Market Failure Approach To Regional Economic Development Policy, Timothy Bartik

Timothy J. Bartik

No abstract provided.


Identifying Persistent Regional Economic Distress Due To The Great Recession, Timothy Bartik Jan 2015

Identifying Persistent Regional Economic Distress Due To The Great Recession, Timothy Bartik

Timothy J. Bartik

Upjohn Institute researchers will estimate the extent to which recessions have a persistent effect on per capita income in the most severely affected local areas. If persistent effects are identified, the project will explore which indicators will best identify the local areas that suffer from persistently lower per capita income. Prolonged local distress may rationalize federal policy to assist residents in the identified regions, either individually or regionally. Any such federal policy needs reliable indicators of which regions are most likely to suffer persistent economic distress. Empirical work will be done in two stages: 1) estimate the persistent effects on …


Local Economic Development Policies, Timothy J. Bartik Jan 2015

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.


Economic Development, Timothy Bartik Jan 2015

Economic Development, Timothy Bartik

Timothy J. Bartik

No abstract provided.