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ECONOMIC DEVELOPMENT

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Articles 151 - 180 of 424

Full-Text Articles in Economics

Early Childhood Education And Local Economic Development, Timothy J. Bartik Oct 2017

Early Childhood Education And Local Economic Development, Timothy J. Bartik

Presentations

No abstract provided.


Erica Groshen Interview, Justin Carinci Aug 2017

Erica Groshen Interview, Justin Carinci

External Papers and Reports

Interview with former Commissioner of Labor Statistics and head of the U.S. Bureau of Labor Statistics, Erica Groshen, from her presentation at the W.E. Upjohn Institute on August 29, 2017.


Economic Shocks And Crime: Evidence From The Brazilian Trade Liberalization, Rafael Dix-Carneiro, Rodrigo R. Soares, Gabriel Ulyssea Jul 2017

Economic Shocks And Crime: Evidence From The Brazilian Trade Liberalization, Rafael Dix-Carneiro, Rodrigo R. Soares, Gabriel Ulyssea

Upjohn Institute Working Papers

This paper studies the effect of changes in economic conditions on crime. We exploit the 1990s trade liberalization in Brazil as a natural experiment generating exogenous shocks to local economies. We document that regions exposed to larger tariff reductions experienced a temporary increase in crime following liberalization. Next, we investigate through what channels the trade-induced economic shocks may have affected crime. We show that the shocks had significant effects on potential determinants of crime, such as labor market conditions, public goods provision, and income inequality. We propose a novel framework exploiting the distinct dynamic responses of these variables to obtain …


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


Dynamic Responses To Labor Demand Shocks: Evidence From The Financial Industry In Delaware, Russell Weinstein May 2017

Dynamic Responses To Labor Demand Shocks: Evidence From The Financial Industry In Delaware, Russell Weinstein

Upjohn Institute Working Papers

This paper analyzes an important shock to local labor demand in the financial services sector: firm relocation to Delaware following a Supreme Court ruling and state legislation in the 1980s. Using synthetic controls and bordering states, I find significant effects on employment growth, the unemployment rate, and participation in the first decade. Employment spillovers to the nontradable sector and migration appear larger than estimates from shocks to the tradable sector. Effects persist for 10 to 20 years after Delaware loses its original policy-induced advantage. The shift towards a low unemployment sector explains this persistence, rather than direct productivity effects or …


Estimating The Impacts Of Plazacorp Investments Related To The Acquisition Of The Arcadia Ramp In Downtown Kalamazoo On The Region, Jim Robey, Kathleen Bolter, Claudette Robey Apr 2017

Estimating The Impacts Of Plazacorp Investments Related To The Acquisition Of The Arcadia Ramp In Downtown Kalamazoo On The Region, Jim Robey, Kathleen Bolter, Claudette Robey

Reports

No abstract provided.


Better Incentives Data Can Inform Both Research And Policy, Timothy J. Bartik Apr 2017

Better Incentives Data Can Inform Both Research And Policy, Timothy J. Bartik

Employment Research Newsletter

No abstract provided.


Valuing Public Goods More Generally: The Case Of Infrastructure, David Albouy, Arash Farahani Mar 2017

Valuing Public Goods More Generally: The Case Of Infrastructure, David Albouy, Arash Farahani

Upjohn Institute Working Papers

We examine the relationship between local public goods, prices, wages, and population in an equilibrium inter-city model. Non-traded production, federal taxes, and imperfect mobility all affect how public goods (or “amenities” more broadly) should be valued from data. Reinterpreting the estimated effects of public infrastructure on prices and wages in Haughwout (2002), we find infrastructure over twice as valuable with our more general model. New estimates based on more years, cities, and data-sets indicate stronger wage and positive population effects of infrastructure. These imply higher values of infrastructure to firms, and also to households if moving costs are substantial.


The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep), Jim Robey, Randall W. Eberts, Kathleen Bolter, Marie Holler, Nicholas Marsh, Brian Pittelko, Claudette Robey Mar 2017

The National-Level Economic Impact Of The Manufacturing Extension Partnership (Mep), Jim Robey, Randall W. Eberts, Kathleen Bolter, Marie Holler, Nicholas Marsh, Brian Pittelko, Claudette Robey

Reports

No abstract provided.


A New Business Incentives Database: Implications For Michigan, Timothy J. Bartik Mar 2017

A New Business Incentives Database: Implications For Michigan, Timothy J. Bartik

Testimonies

No abstract provided.


A New Panel Database On Business Incentives For Economic Development Offered By State And Local Governments In The United States, Timothy J. Bartik Feb 2017

A New Panel Database On Business Incentives For Economic Development Offered By State And Local Governments In The United States, Timothy J. Bartik

Reports

No abstract provided.


Disasters In The United States : Frequency, Costs, And Compensation, Vera Brusentsev, Wayne Vroman Jan 2017

Disasters In The United States : Frequency, Costs, And Compensation, Vera Brusentsev, Wayne Vroman

Upjohn Press

Disasters are increasing in both frequency and financial costs. Analysis presented here deals with what we know about disasters in the United States including their increasing frequency of occurrence and associated financial costs, compensation available to survivors, where particular types of disasters are most likely to occur, and how disasters can be mitigated.


Confronting Policy Challenges Of The Great Recession: Lessons For Macroeconomic Policy, Eskander Alvi Editor Jan 2017

Confronting Policy Challenges Of The Great Recession: Lessons For Macroeconomic Policy, Eskander Alvi Editor

Upjohn Press

This book presents several notable economists who describe the perils the economy faced during the Great Recession and the policies—some successful, others not so much—that were implemented and why. By now, economists have had nearly a decade to examine the causes and consequences of the damage wrought by the Great Recession, and to assess the ensuing efforts to right the economy. The unprecedented losses, which spread across the global economy, posed extraordinary challenges for central bankers and policymakers alike, who were forced to throw out the playbook and create new, untested means for restoring growth.


Who Wins In An Energy Boom? Evidence From Wage Rates And Housing, Grant D. Jacobsen Nov 2016

Who Wins In An Energy Boom? Evidence From Wage Rates And Housing, Grant D. Jacobsen

Upjohn Institute Working Papers

This paper presents evidence on the distributional effects of energy extraction by examining the recent U.S. energy boom. The boom increased local wage rates in almost every major occupational category. The increase occurred regardless of whether the occupation experienced a corresponding change in employment, suggesting a more competitive labor market that benefited local workers. Local housing values and rental prices both increased, thereby benefiting landowners. For renters, the increase in prices was completely offset by a contemporaneous increase in income. The results indicate that bans on drilling have negative monetary consequences for a large share of local residents.


The Employment Impact Of The New Economy Initiative (Nei) On The Detroit Region And The State Of Michigan, Brian Pittelko, Bryan Bommersbach, George A. Erickcek Oct 2016

The Employment Impact Of The New Economy Initiative (Nei) On The Detroit Region And The State Of Michigan, Brian Pittelko, Bryan Bommersbach, George A. Erickcek

Reports

No abstract provided.


What Works In Economic Development, Timothy J. Bartik Sep 2016

What Works In Economic Development, Timothy J. Bartik

Presentations

No abstract provided.


An Assessment Of The Economic Impact Of The Proposed Stoneco Gravel Mine Operation On Richland Township, George Erickcek Jul 2016

An Assessment Of The Economic Impact Of The Proposed Stoneco Gravel Mine Operation On Richland Township, George Erickcek

Reports

No abstract provided.


The Role Of Central Banks In Assisting Regional Economic Policy Making, Randall W. Eberts Jul 2016

The Role Of Central Banks In Assisting Regional Economic Policy Making, Randall W. Eberts

Presentations

No abstract provided.


The Challenge Of Creating An Integrated Approach To Green Growth, Randall W. Eberts Jul 2016

The Challenge Of Creating An Integrated Approach To Green Growth, Randall W. Eberts

Presentations

No abstract provided.


Effective Local Strategies To Boost Quality Job Creation, Employment And Participation, Randall W. Eberts Jul 2016

Effective Local Strategies To Boost Quality Job Creation, Employment And Participation, Randall W. Eberts

Presentations

No abstract provided.


I-69 Thumb Region Asset Mapping Of Work-Based Programs And Initiatives: Final Report, Lee Adams, Bryan Bommersbach, Brian Pittelko, Claudette Robey, Jim Robey, Bridget Timmeney Jun 2016

I-69 Thumb Region Asset Mapping Of Work-Based Programs And Initiatives: Final Report, Lee Adams, Bryan Bommersbach, Brian Pittelko, Claudette Robey, Jim Robey, Bridget Timmeney

Reports

No abstract provided.


Labor Market Analysis Of The Kenosha, Wisconsin Region, Bryan Bommersbach, Don Edgerly, George A. Erickcek, Brian Pittelko, Claudette Robey, Jim Robey, Bridget Timmeney Jun 2016

Labor Market Analysis Of The Kenosha, Wisconsin Region, Bryan Bommersbach, Don Edgerly, George A. Erickcek, Brian Pittelko, Claudette Robey, Jim Robey, Bridget Timmeney

Reports

No abstract provided.


Economic Impact Of North Central Michigan College, George Erickcek, Brian Pittelko May 2016

Economic Impact Of North Central Michigan College, George Erickcek, Brian Pittelko

Reports

No abstract provided.


Labor-Demand-Side Economic Development Incentives And Urban Opportunity, Timothy J. Bartik Jan 2016

Labor-Demand-Side Economic Development Incentives And Urban Opportunity, Timothy J. Bartik

Book Chapters

No abstract provided.


The Production And Stock Of College Graduates For U.S. States, John V. Winters Dec 2015

The Production And Stock Of College Graduates For U.S. States, John V. Winters

Upjohn Institute Working Papers

The stock of human capital in an area is important for regional economic growth and development. However, highly educated workers are often quite mobile, and there is a concern that public investments in college graduates may not benefit the state if the college graduates leave the state after finishing their education. This paper examines the relationship between the production of college graduates from a state and the stock of college graduates residing in the state using microdata from the decennial census and American Community Survey. The relationship is examined across states and across cohorts within states. The descriptive analysis suggests …


Migration And Housing Price Effects Of Place-Based College Scholarships, Timothy J. Bartik, Nathan Sotherland Dec 2015

Migration And Housing Price Effects Of Place-Based College Scholarships, Timothy J. Bartik, Nathan Sotherland

Upjohn Institute Working Papers

Place-based college scholarships, such as the Kalamazoo Promise, provide students who live in a particular place, and/or who attend a particular school district, with generous college scholarships. An important potential benefit from such “Promise programs” is their short-term effects on local economic development. Generous Promise scholarships provide an incentive for families to locate in a particular place, which may change migration patterns, and potentially boost local employment and housing prices. Using data from the American Community Survey, this paper estimates the average effects of eight relatively generous Promise programs on migration rates and housing prices in their local labor market. …


Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik Dec 2015

Benefits Vs. Costs Of Business Incentives, Timothy J. Bartik

Presentations

No abstract provided.


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 …


Research Highlights From The 2015 Inner City Economic Summit, Kim Zeuli, Haifeng Qian Oct 2015

Research Highlights From The 2015 Inner City Economic Summit, Kim Zeuli, Haifeng Qian

Employment Research Newsletter

No abstract provided.


Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek Jun 2015

Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek

Reports

No abstract provided.