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Does state economic development spending increase manufacturing employment?

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Author Info
Charles A. M. de Bartolome
Mark M. Spiegel

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Abstract

Recent studies, which have attempted to determine what causes an industrial sector in a state to grow, have ignored the general role of the state's economic development agency. We extend the analysis to include its effect, and determine that economic development expenditure by the state is a statistically significant determinant of manufacturing growth in the state. Our result is robust to a variety of specification tests.

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Publisher Info
Paper provided by Federal Reserve Bank of San Francisco in its series Working Papers in Applied Economic Theory with number 95-10.

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Date of creation: 1995
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Publication status: Published in Journal of Urban Economics (March 1997, v. 41, no.2, pp. 153-75)
Handle: RePEc:fip:fedfap:95-10

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Related research
Keywords: Economic development ; State finance ; Employment (Economic theory) ; Regional economics;

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This page was last updated on 2009-11-18.


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