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Local ability to rewire and socioeconomic performance: Evidence from US counties before and after the Great Recession

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  • Mark Partridge
  • Alexandra Tsvetkova

Abstract

The paper examines the effects of three groups of factors (county economic structure, social/demographic attributes and geography) on employment growth and poverty change in US counties before and after the Great Recession. It finds that the industrial structure that facilitates inter-industry employee flows (“rewiring”) is of increasing importance post-Recession. In particular, this measure is associated with employment growth in under-performing counties suggesting that removing barriers to the flow of resources within lagging economies and increasing their adaptability potential might be a viable policy option.

Suggested Citation

  • Mark Partridge & Alexandra Tsvetkova, 2020. "Local ability to rewire and socioeconomic performance: Evidence from US counties before and after the Great Recession," OECD Local Economic and Employment Development (LEED) Papers 2020/04, OECD Publishing.
  • Handle: RePEc:oec:cfeaaa:2020/04-en
    DOI: 10.1787/31b980f6-en
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    More about this item

    Keywords

    employment growth; Great Recession; inter-industry employee flows; local economic rewiring; poverty change; US;
    All these keywords.

    JEL classification:

    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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