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Investing in Kids: Early Childhood Programs and Local Economic Development

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  • Timothy J. Bartik

    (W.E. Upjohn Institute)

Abstract

Early childhood programs, if designed correctly, pay big economic dividends down the road because they increase the skills of their participants. And since many of those participants will remain in the same state or local area as adults, the local economy benefits: more persons with better skills attract business, which provides more and better jobs for the local economy. Bartik measures ratios of local economic development benefits to costs for both early childhood education and business incentives. He shows that early childhood programs and the best-designed business incentives can provide local benefits that significantly exceed costs. Given this, states and municipalities would do well to adopt economic development strategies that balance high-quality business incentives with early childhood programs.

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Bibliographic Info

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This book is provided by W.E. Upjohn Institute for Employment Research in its series Books from Upjohn Press with number iik and published in 2011.

ISBN: cloth 9780880993739 paper 9780880993722
Handle: RePEc:upj:ubooks:iik

Note: PDF is the book's first chapter.
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Related research

Keywords: EDUCATION and TRAINING; Early childhood; Preschool and early education; REGIONAL ISSUES; Business incentives;

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Cited by:
  1. Mark Partridge & Rose Olfert, 2011. "The Winners' Choice: Sustainable Economic Strategies for Successful 21st Century Regions," ERSA conference papers ersa11p1655, European Regional Science Association.
  2. Francesca Froy, 2013. "Global policy developments towards industrial policy and skills: skills for competitiveness and growth," Oxford Review of Economic Policy, Oxford University Press, vol. 29(2), pages 344-360, SUMMER.
  3. Michelle Miller-Adams & Bridget Timmeney, 2013. "The Impact of the Kalamazoo Promise on College Choice: An Analysis of Kalamazoo Area Math and Science Center Graduates," Upjohn Working Papers and Journal Articles 2013-014, W.E. Upjohn Institute for Employment Research.
  4. Liu, Hong & Zhao, Zhong, 2011. "Parental Job Loss and Children’s Health: Ten Years after the Massive Layoff of the SOEs’ Workers in China," IZA Discussion Papers 5846, Institute for the Study of Labor (IZA).

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