Does "Trickle Down" Work? Economic Development and Job Chains in Local Labor Markets
AbstractPersky, 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.
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Bibliographic InfoThis book is provided by W.E. Upjohn Institute for Employment Research in its series Books from Upjohn Press with number dtdw and published in 2004.
ISBN: cloth 9780880993098 paper 9780880993081
Note: PDF is the book's first chapter.
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job chains; labor mobility; business subsidies; tax incentives; low-wage workers;
Find related papers by JEL classification:
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
- R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
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- Persky, Joseph J. & Baiman, Ron, 2010. "Do State Minimum Wage Laws Reduce Employment? Mixed Messages from Fast Food Outlets in Illinois and Indiana," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 40(2).
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