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Desmet, Klaus - 2012

U.S. county data for the last 20 or 30 years show that manufacturing employment has been deconcentrating. In contrast …, the service sector exhibits concentration in counties with intermediate levels of employment. This paper presents a theory … dependence in growth rates. Young industries exhibit non-monotone relationships between employment levels and growth rates, while …

Persistent link: https://www.econbiz.de/10012755347

How Collateral Laws Shape Lending and Sectoral Activity

Calomiris, Charles W. - 2016

favor immovable-based production. An analysis of Slovakia's collateral law reform confirms our findings …

Persistent link: https://www.econbiz.de/10013000520

Macroeconomic Policy and Institutions During the Transition to European Union Membership

Branson, William H.; Braga de Macedo, Jorge; von Hagen, … - 2021

membership (Czech Republic, Hungary, Poland, and Slovakia). A Multi-Annual Fiscal Adjustment Strategy (MAFAS) and a Pre …

Persistent link: https://www.econbiz.de/10013225816

What Do Business Climate Indexes Teach Us About State Policy and Economic Growth?

Kolko, Jed - 2011

focused on productivity do not predict economic growth, while indexes emphasizing taxes and costs predict growth of employment …

Persistent link: https://www.econbiz.de/10013126214

On the Road : Access to Transportation Infrastructure and Economic Growth in China

Banerjee, Abhijit V. - 2014

This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities....

Persistent link: https://www.econbiz.de/10013066520

Economic Gains for U.S. States from Educational Reform

Hanushek, Eric A. - 2015

There is limited existing evidence justifying the economic case for state education policy. Using newly-developed measures of the human capital of each state that allow for internal migration and foreign immigration, we estimate growth regressions that incorporate worker skills. We find that...

Persistent link: https://www.econbiz.de/10013010721

Railroads, Reallocation, and the Rise of American Manufacturing

Hornbeck, Richard - 2019

We examine impacts of market integration on the development of American manufacturing, as railroads expanded through the latter half of the 19th century. Using new county-by-industry data from the Census of Manufactures, we estimate substantial impacts on manufacturing productivity from relative...

Persistent link: https://www.econbiz.de/10012857672

The Direct and Indirect Effects of Small Business Administration Lending on Growth : Evidence from U.S. County-Level Data

Young, Andrew T. - 2014

Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...

Persistent link: https://www.econbiz.de/10013046172

Dutch Disease or Agglomeration? The Local Economic Effects of Natural Resource Booms in Modern America

Allcott, Hunt - 2014

Do natural resources benefit producer economies, or is there a “Natural Resource Curse,”0 perhaps as the crowd-out of manufacturing productivity spillovers reduces long-term growth? We combine new data on oil and gas endowments with Census of Manufactures microdata to estimate how oil and...

Persistent link: https://www.econbiz.de/10013047033

Place-Based Policies for Development

Duranton, Gilles - 2018

Many development policies, such as placement of infrastructure or local economic development schemes, are “place-based.” Such policies are generally intended to stimulate private sector investment and economic growth in the treated place, and as such they are difficult to appraise and...

Persistent link: https://www.econbiz.de/10012920362

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