A large and growing literature to explain how state and local policies affect factor markets, firm location and … single inquiry about how state and local policies—including the provision public capital—affects factor markets and economic … growth. Using the model as the basis for estimation, we find that state and local policies have a more profound influence on …

delimited by the country’s three main cities. The second cluster comprises the bulk of the Atlantic (North) and Pacific (West … externalities arising from proximity to one of the main three cities or being close to the transit corridors that connect each of …