Hoping to generate employment opportunities for residents, communities often offer location incentives to businesses. But many newly created jobs may go to commuters rather than local residents, resulting in higher incentive costs per local job than perhaps anticipated. In this paper we examine...

It is no secret that much of rural America is struggling economically. Despite similar employment growth rates, nonmetropolitan areas tend to have relatively higher unemployment and underemployment rates and slower population growth rates than their metropolitan counterparts.1 Additionally, over...

The authors of a recent Brookings report argue that Pennsylvania’s lackluster economic performance, including a high rate of loss of young residents (age 25-34), is partly due to fragmented local units of government hindering comprehensive and regional approaches to stimulating economic...

In an era of political pressure to reduce taxes while increasing government services, local officials face difficult choices regarding what services to provide and how to finance them. One outcropping of this dilemma is that local citizens are expressing concerns that commuters use local...

State-assisted venture capital programs are a popular strategy to stimulate entrepreneurship and small business development. This study estimated the number of job-years created from 1988 to 2000 by the publicly- assisted program Kansas Venture Capital, Inc. (KVCI). The impact of KVCI in...