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Persistent link: https://www.econbiz.de/10009210285
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...
Persistent link: https://www.econbiz.de/10008497588
This paper extends the recent empirical literature on the relationship between local decentralization and growth using data from both metropolitan and non-metropolitan regions in the U.S. The analysis utilizes both metropolitan and non-metropolitan regions, and thus avoids the possible selection...
Persistent link: https://www.econbiz.de/10005135358
Persistent link: https://www.econbiz.de/10010557822
This article examines spatial aspects of distributional dynamics and finds that the distribution of US metropolitan incomes relative to their neighbours has diverged during the 1969-1999 period. Use of a spatial Markov approach shows that non-metropolitan neighbours of metropolitan regions have...
Persistent link: https://www.econbiz.de/10004964336
The federal Office of Management and Budget’s (OMB) periodic release of updated metropolitan statistical area (MSA) definitions frequently garners significant attention from local economic development professionals and policymakers. The interest is grounded, in part, in the common belief that...
Persistent link: https://www.econbiz.de/10008509482
This paper presents empirical tests of the hypothesis that firms cluster geographically due to Marshallian localization economies. The hypothesis implies that changes in employment in localized industries should be more closely related within the regions than across regions. We develop an...
Persistent link: https://www.econbiz.de/10005136723
This article examines spatial aspects of distributional dynamics and finds that the distribution of US metropolitan incomes relative to their neighbours has diverged during the 1969-1999 period. Use of a spatial Markov approach shows that non-metropolitan neighbours of metropolitan regions have...
Persistent link: https://www.econbiz.de/10005167107
Persistent link: https://www.econbiz.de/10005167254
We examine the mobility and modality trends in US state per capita personal income (and its components) during the 1929-1999 period. We find strong evidence of convergence for states, but that the tendency towards convergence (and the associated mobility within the distribution) varies during...
Persistent link: https://www.econbiz.de/10005638486