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Full-Text Articles in Regional Economics

Benefits And Costs For Chattanooga Residents Of Incorporating Training Into Economic Development Strategies, Timothy J. Bartik, Iryna V. Lendel, Sevrin Williams Sep 2026

Benefits And Costs For Chattanooga Residents Of Incorporating Training Into Economic Development Strategies, Timothy J. Bartik, Iryna V. Lendel, Sevrin Williams

Upjohn Institute Technical Reports

This report evaluates the benefit-cost tradeoffs of adding a workforce training component to Chattanooga's economic development incentive packages, using the Bartik Benefit-Cost Model of Business Incentives. Focusing on hypothetical projects across seven industries, the analysis compares the present value of training costs against resulting gains in residents' per capita income over a 20-year horizon. Findings show that training, layered onto existing PILOT-based tax incentives, delivers benefits more than 25 times its costs—driven by training's greater cost-effectiveness in inducing business location decisions and its stronger tendency to direct new jobs toward local residents. While training is not self-financing from a city …


Evaluation Of The Battle Creek Jobs Fund, George A. Erickcek, Jim Robey, Claudette Robey, Brian Pittelko, Marie Holler, Don Edgerly Jun 2018

Evaluation Of The Battle Creek Jobs Fund, George A. Erickcek, Jim Robey, Claudette Robey, Brian Pittelko, Marie Holler, Don Edgerly

Reports

No abstract provided.


What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik May 2018

What Works To Help Manufacturing-Intensive Local Economies?, Timothy J. Bartik

Upjohn Institute Technical Reports

No abstract provided.


Helping Manufacturing-Intensive Communities: What Works?, Timothy J. Bartik May 2018

Helping Manufacturing-Intensive Communities: What Works?, Timothy J. Bartik

Reports

No abstract provided.


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 …


Part 1: Waiting For Godot? Virginia Impatiently Anticipates The End Of Sequestration, Center For Economic Analysis And Policy, Old Dominion University Jan 2017

Part 1: Waiting For Godot? Virginia Impatiently Anticipates The End Of Sequestration, Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

The Commonwealth’s lackluster economic performance in 2016 highlights a lost decade of slow economic growth. The dependence on federal spending presents challenges to stimulating growth when discretionary federal spending is constrained by sequestration. We investigate the reasons for the slow pace of economic activity and ask whether new efforts to spur innovation and entrepreneurship are a step in the right direction.


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

What Works In Economic Development, Timothy J. Bartik

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.


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.


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.


Accelerate: Economic Development Strategy And Prosperity Plan For The I-69 Thumb Region, George Erickcek, Bryan Bommersbach, Don Edgerly, Brian Pittelko, Claudette Robey, Jim Robey Mar 2015

Accelerate: Economic Development Strategy And Prosperity Plan For The I-69 Thumb Region, George Erickcek, Bryan Bommersbach, Don Edgerly, Brian Pittelko, Claudette Robey, Jim Robey

Reports

Accelerate is the culmination of a collaborative planning process for a seven-county area spearheaded by the Flint & Genesee Chamber of Commerce and the Genesee Lapeer Shiawassee (GLS) Region V Planning & Development Commission, resulting in a coordinated Federal Economic Development Strategy and State Prosperity Plan. This document ties together the U.S. Economic Development Administration Comprehensive Economic Development Strategy (CEDS) and the Region 6 Prosperity plans into a single, unified plan expressing a shared economic vision for Shiawassee, Genesee, Lapeer, St. Clair, Tuscola, Huron, and Sanilac counties. Accelerate creates an economic roadmap for unified actions in the region leading to …


Southcentral Michigan Five-Year Comprehensive Economic Development Strategy: Final Report, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney Jan 2015

Southcentral Michigan Five-Year Comprehensive Economic Development Strategy: Final Report, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney

Reports

No abstract provided.


Economic Impact Of Northwestern Michigan College: Final Report, George Erickcek Nov 2014

Economic Impact Of Northwestern Michigan College: Final Report, George Erickcek

Reports

No abstract provided.


Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Jim Robey Jul 2014

Economic Development Recommendations That Focus On The "Working Poor": Lessons From Waco, George Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Jim Robey

Employment Research Newsletter

No abstract provided.


Economic Development Strategic Plan For The City Of Waco, Texas, George A. Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Dennis Burnside, Claudette Robey Jun 2014

Economic Development Strategic Plan For The City Of Waco, Texas, George A. Erickcek, Don Edgerly, Brian Pittelko, Claudette Robey, Bridget Timmeney, Dennis Burnside, Claudette Robey

Reports

No abstract provided.


How Local Workforce Investment Boards Can Help Support Job Creation, Randall W. Eberts Oct 2013

How Local Workforce Investment Boards Can Help Support Job Creation, Randall W. Eberts

Employment Research Newsletter

No abstract provided.


Economic And Fiscal Impact Of The Proposed South Haven Community Event Center, George A. Erickcek Apr 2013

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

Reports

No abstract provided.


Talent 2025 Update Brief: Regional Workforce Demand And System Flows, George A. Erickcek, Brian Pittelko, Bridget Timmeney, Brad R. Watts Apr 2013

Talent 2025 Update Brief: Regional Workforce Demand And System Flows, George A. Erickcek, Brian Pittelko, Bridget Timmeney, Brad R. Watts

Reports

No abstract provided.


Mediating Incentive Use: A Time-Series Assessment Of Economic Development Deals In North Carolina, T. William Lester, Nichola Lowe, Allan Freyer Apr 2012

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 …


State Economic Development Policies: What Works?, Timothy J. Bartik Nov 2011

State Economic Development Policies: What Works?, Timothy J. Bartik

Presentations

No abstract provided.


What Works In Job Creation And Economic Development, Timothy J. Bartik May 2011

What Works In Job Creation And Economic Development, Timothy J. Bartik

Presentations

No abstract provided.


Estimating The Costs Per Job Created Of Employer Subsidy Programs, Timothy J. Bartik Oct 2010

Estimating The Costs Per Job Created Of Employer Subsidy Programs, Timothy J. Bartik

Conference Papers

No abstract provided.


Tools And Methods To Anticipate Local Job Creation & Suppression: Opportunities And Threats, Randall W. Eberts Oct 2010

Tools And Methods To Anticipate Local Job Creation & Suppression: Opportunities And Threats, Randall W. Eberts

Conference Papers

No abstract provided.


The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek Apr 2010

The Employment And Fiscal Effects Of Michigan's Mega Tax Credit Program, Timothy J. Bartik, George A. Erickcek

Upjohn Institute Working Papers

This paper estimates that Michigan's MEGA tax credit program to attract and retain businesses has large employment and fiscal benefits. MEGA provides discretionary tax credits to businesses, with the tax credit tied to the personal income taxes paid by employees on the new or retained jobs. We estimate the economic effects of MEGA using the Upjohn Institute's REMI model, and the research literature on how business location decisions respond to taxes. We estimate the fiscal effects of MEGA based on the research literature on how government spending and revenue respond to state personal income and population. The estimates suggest a …


Part 1: The Regional Economy Downshifts, Regional Studies Institute, Old Dominion University Jan 2008

Part 1: The Regional Economy Downshifts, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

The spectacular first half of this decade is fading into the background as our regional economic growth rate has fallen back to the Commonwealth and national averages. Defense spending continues to rise in importance and now is responsible for more than 40 percent of our regional income generation.


Better Deals For State And Local Economic Development, Ann R. Markusen Apr 2007

Better Deals For State And Local Economic Development, Ann R. Markusen

Employment Research Newsletter

No abstract provided.