Regional Policies and Economic Growth: One Size Does Not Fit All
We analyze the impact of economic development policies and highway infrastructure improvements on growth of per capita income and jobs in Michigan counties. The policies considered for analysis have significant impact on growth outcomes. However, this effect is non-linear. Significant heterogeneity in policy effects is also detected. The impacts are different with respect to average income level in a county as well as between metropolitan and non-metropolitan areas. In addition, cross-policy effects are found. We use improved measurement of policy treatment while accounting for possible spillover effects.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Forni, Mario & Lippi, Marco, 1997. "Aggregation and the Microfoundations of Dynamic Macroeconomics," OUP Catalogue, Oxford University Press, number 9780198288008, December.
- Dick Thornburgh, 1998. "A Path to Smarter Federal Leadership in Economic Development: Learning, Leveraging, and Linking," Economic Development Quarterly, W.E. Upjohn Institute for Employment Research, vol. 12(4), pages 291-298, November.
- Timothy Besley & Anne Case, 1994.
"Unnatural Experiments? Estimating the Incidence of Endogenous Policies,"
NBER Working Papers
4956, National Bureau of Economic Research, Inc.
- Besley, Timothy & Case, Anne, 2000. "Unnatural Experiments? Estimating the Incidence of Endogenous Policies," Economic Journal, Royal Economic Society, vol. 110(467), pages 672-694, November.
- Stephen J. Goetz, 1999. "Migration and Local Labor Markets," Wholbk, Regional Research Institute, West Virginia University, number 22, Winter.
- Faulk, Dagney, 2002. "Do State Economic Development Incentives Create Jobs? An Analysis of State Employment Tax Credits," National Tax Journal, National Tax Association, vol. 55(2), pages 263-280, June.
- Ronald C. Fisher, 1997. "Effects of state and local public services on economic development," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 53-82.
- Margaret E. Dewar, 1998. "Why State and Local Economic Development Programs Cause so Little Economic Development," Economic Development Quarterly, W.E. Upjohn Institute for Employment Research, vol. 12(1), pages 68-87, February.
- Ted K. Bradshaw, 2002. "The Contribution of Small Business Loan Guarantees to Economic Development," Economic Development Quarterly, W.E. Upjohn Institute for Employment Research, vol. 16(4), pages 360-369, November.
- Ernest P. Goss & Joseph M. Phillips, 1999. "Do Business Tax Incentives Contribute to a Divergence in Economic Growth?," Economic Development Quarterly, W.E. Upjohn Institute for Employment Research, vol. 13(3), pages 217-228, August.
When requesting a correction, please mention this item's handle: RePEc:rre:publsh:v:35:y:2005:i:3:p:266-90. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mark L. Burkey)
If references are entirely missing, you can add them using this form.