Relationship Between Growth and Prosperity in the 100 Largest U.S. Metropolitan Areas
This study examines the relationship between growth and economic prosperity in the 100 largest U.S. metropolitan areas to determine whether certain benefits commonly attributed to growth are supported by statistical data. The annual population growth rate of each metro area from 2000 to 2009 is used to compare economic well-being in terms of per capita income, unemployment rate, and poverty rate. The study finds that faster growth rates are associated with lower incomes, greater income declines, and higher poverty rates. Unemployment rates tend to be higher in faster growing areas, though the correlation is not statistically significant at the 95% confidence level. The 25 slowest growing metro areas outperformed the 25 fastest growing in every category and averaged $8,455 more in per capita personal income in 2009.
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.:
- Roger B. Hammer & Gary P. Green, 1996. "Local Growth Promotion: Policy Adoption versus Effort," Economic Development Quarterly, W.E. Upjohn Institute for Employment Research, vol. 10(4), pages 331-341, November.
- 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.
- Mark D. Partridge & Dan S. Rickman & Hui Li, 2009. "Who Wins From Local Economic Development?," Economic Development Quarterly, W.E. Upjohn Institute for Employment Research, vol. 23(1), pages 13-27, February.
- Timothy J. Bartik, . "Who Benefits from Local Job Growth: Migrants or Original Residents?," Upjohn Working Papers and Journal Articles tjb1993rs, W.E. Upjohn Institute for Employment Research.
- Barbara Bergmann, 2010. "Is Prosperity Possible Without Growth?," Challenge, M.E. Sharpe, Inc., vol. 53(5), pages 49-56, September.
- Craig Gundersen & James Ziliak, 2004. "Poverty and macroeconomic performance across space, race, and family structure," Demography, Springer;Population Association of America (PAA), vol. 41(1), pages 61-86, February.
- Victoria Basolo & Chihyen Huang, 2001. "Cities and Economic Development: Does the City Limits Story Still Apply?," Economic Development Quarterly, W.E. Upjohn Institute for Employment Research, vol. 15(4), pages 327-339, November.
- Ellis Delken, 2008. "Happiness in shrinking cities in Germany," Journal of Happiness Studies, Springer, vol. 9(2), pages 213-218, June.
When requesting a correction, please mention this item's handle: RePEc:sae:ecdequ:v:26:y:2012:i:3:p:220-230. 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: (SAGE Publishing)
If references are entirely missing, you can add them using this form.