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Articles 31 - 49 of 49
Full-Text Articles in Regional Economics
Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson
Does "Trickle Down" Work?: Economic Development Strategies And Job Chains In Local Labor Markets, Joseph Persky, Daniel Felsenstein, Virginia Carlson
Upjohn Press
Persky, Felsenstein, and Carlson explore a new framework for evaluating state and local economic development efforts. They propose a method, referred to as the “job-chains approach,” that they say clarifies the potential justifications for economic development subsidies as well as the limitations surrounding these efforts. This innovative approach addresses not only the number of job vacancies created as a result of a subsidized business investment or expansion, but also the extent to which gains are achieved by the unemployed and the underemployed, whether skilled or unskilled.
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 …
Black-White Segregation, Discrimination, And Home Ownership, Kelly Derango
Black-White Segregation, Discrimination, And Home Ownership, Kelly Derango
Upjohn Institute Working Papers
The effect of discrimination on black-white racial segregation is studied using a confidential supplement of the Panel Study of Income Dynamics (PSID). Audit studies reveal that the rate of discrimination in rental housing is substantially higher than in owner-occupied housing. Thus, a variable indicating home ownership is used to proxy for the discrimination rate faced by blacks. The fixed-effects estimates of segregation imply that home ownership is associated with a decline in black-white segregation. This effect decreases slightly at higher income levels but increases substantially with the education of the head of household. Evidence is presented that the effect of …
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.
Rising Wage Inequality: The 1980s Experience In Urban Labor Markets, Thomas Hyclak
Rising Wage Inequality: The 1980s Experience In Urban Labor Markets, Thomas Hyclak
Upjohn Press
Hyclak analyzes information not utilized in previous studies of wage inequality. Whereas researchers previously relied on data derived from the national labor market, Hyclak draws on data from the Area Wage Surveys (AWS), which allows him to focus on changes in the wage structure in a sample of 20 local labor markets for the period of 1974 to 1991. This source also allows him to examine changes in the structure of wages paid for some 40 different jobs found in four different occupational groups. In addition, Hyclak is able to concentrate on jobs and the skills required as the primary …
Changes In Income Inequality Within U.S. Metropolitan Areas, Janice Fanning Madden
Changes In Income Inequality Within U.S. Metropolitan Areas, Janice Fanning Madden
Upjohn Press
In studying MSA data that link the characteristics of metropolitan economies to significant changes in income inequality, Madden is able to study changes in poverty rates, household income inequality, and wage inequality within 182 of the largest MSAs and to identify what she says are the three factors most likely to influence changes in income inequality in metropolitan areas.
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.
Ingham County Economic Development Policy Assessment And Organization Implementation, George A. Erickcek, Gove Associates, Inc., W.E. Upjohn Institute For Employment Research
Ingham County Economic Development Policy Assessment And Organization Implementation, George A. Erickcek, Gove Associates, Inc., W.E. Upjohn Institute For Employment Research
Reports
This report provides an independent assessment of Ingham County's current economic development policy and offers recommendations on how to make the county's role in economic development more effective.
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.
Small Business Capital Access Study For The Cleveland Area: Summary Outline Of Findings, George A. Erickcek
Small Business Capital Access Study For The Cleveland Area: Summary Outline Of Findings, George A. Erickcek
Reports
No abstract provided.
Assessing The Importance Of Small Business In The Greater Cleveland Area, George A. Erickcek
Assessing The Importance Of Small Business In The Greater Cleveland Area, George A. Erickcek
Reports
No abstract provided.
Question - What Can Be Done To Promote Inner City Development?: Answer - Focus On Labor Demand Policies To Increase Employment Of The Poor, Timothy J. Bartik
Question - What Can Be Done To Promote Inner City Development?: Answer - Focus On Labor Demand Policies To Increase Employment Of The Poor, Timothy J. Bartik
Testimonies
No abstract provided.
Developing Community Economic Outcome Measures, George A. Erickcek
Developing Community Economic Outcome Measures, George A. Erickcek
Employment Research Newsletter
No abstract provided.
What Should The Federal Government Be Doing About Urban Economic Development?, Timothy J. Bartik
What Should The Federal Government Be Doing About Urban Economic Development?, Timothy J. Bartik
Upjohn Institute Working Papers
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 …
Economic Development And Black Economic Success, Timothy J. Bartik
Economic Development And Black Economic Success, Timothy J. Bartik
Upjohn Institute Technical Reports
No abstract provided.
The Effects Of Metropolitan Job Growth On The Size Distribution Of Family Income, Timothy J. Bartik
The Effects Of Metropolitan Job Growth On The Size Distribution Of Family Income, Timothy J. Bartik
Upjohn Institute Working Papers
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 …
Who Benefits From State And Local Economic Development Policies?, Timothy J. Bartik
Who Benefits From State And Local Economic Development Policies?, Timothy J. Bartik
Upjohn Press
Bartik reviews evidence on whether state and local policies affect job growth. He then presents empirical data supporting the intentions of such programs, showing that job growth may lead to a number of positive long-term effects including: lower unemployment, higher labor force participation, higher real estate values, and better occupational opportunities. He also shows that the earnings gains to disadvantaged groups outweigh the resulting increased real estate values for property owners, and concludes by saying that regional competition for jobs may actually be a benefit for the nation as a whole.
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
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
Upjohn Institute Working Papers
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 …