34 research outputs found
The Differential Impact of Regional Policies on Economic Growth: One Size Does Not Fit All
We analyze the impact of Michigan economic development policies and highway infrastructure improvements on per capita income and job growth in 1990s using fixed effect estimation procedure. We also improve measurement of policy treatment while accounting for possible spillover effect. The policies considered for analysis have significant impact on growth outcomes. However this effect is non-linear. The size of this impact changes over time and the path of change varies by type of policy. Policy impacts are different between metro and non-metropolitan areas. Also, cross-policy effects are found. The results can assist decision makers in targeting policies.Public Economics,
REGIONAL POVERTY IN MICHIGAN: RURAL AND URBAN DIFFERENCE
This paper examines the relationship between the quality of local labor force and variation in regional poverty outcomes among Michigan areas. A regional poverty model is derived from the household production model for that purpose. The US Census 2000 data on small geographical areas of Michigan (Census Block Groups) is used for the analysis. It is found that the difference in regional poverty is explained primarily by differences in quality and quantity of labor available to a household. Second, heterogeneity of the model is detected with respect to a degree of urbanization. Also, the relation between average income and regional poverty is found to be nonlinear and distribution of income playing a major role in explanation poverty. Higher poverty rates in rural areas tend to persist over time.Community/Rural/Urban Development,
A QUANTITATIVE ASSESSMENT OF FACTORS CONTRIBUTING TO THE ECONOMIC GROWTH OF MICHIGAN REGIONS
Many studies in regional development and economic geography are focused on factors that determine regional growth. In this paper a review of existing studies of regional growth is presented. The explanation power of the most recent studies is tested using the case of Michigan economy. In particular, the impact of high-tech industries, social attractiveness factors and regional economic development policies on the per capita income growth rate for Michigan counties is studied. Finally, the difference in effect of the policy and other factors in rural and metropolitan areas is assessed. The results of this work might be helpful in setting priorities using different development policy instruments.Community/Rural/Urban Development,
Reflecting to Rebuild and Strengthen Professional Development A Collection of âPost-Onlineâ Conversations
The file attached to this record is the author's versionThis monograph is a multi-authored collection consisting of our facultyâs post-online reflections. The objective was to gather thoughts and discussion around teaching and research during COVID-19. We aim to build and explore around âlived experiencesâ to provide a reference point to help Continuous Professional Learning and Development (CPLD) activities. The section on âdigital diariesâ consists of dialogues from staff categorised into varied themes. In the testimonies, staff have reflected around their challenges, targets, strengths, familiarity and how they managed to overcome difficulties and achieve goals. A special section, from the Centre for Urban Research on Austerity (CURA), is devoted to identifying how pandemic has intensified research challenges, highlighting the funding, time and location constraints on academic research
A QUANTITATIVE ASSESSMENT OF FACTORS CONTRIBUTING TO THE ECONOMIC GROWTH OF MICHIGAN REGIONS
Many studies in regional development and economic geography are focused on factors that determine regional growth. In this paper a review of existing studies of regional growth is presented. The explanation power of the most recent studies is tested using the case of Michigan economy. In particular, the impact of high-tech industries, social attractiveness factors and regional economic development policies on the per capita income growth rate for Michigan counties is studied. Finally, the difference in effect of the policy and other factors in rural and metropolitan areas is assessed. The results of this work might be helpful in setting priorities using different development policy instruments
The Differential Impact of Regional Policies on Economic Growth: One Size Does Not Fit All
We analyze the impact of Michigan economic development policies and highway infrastructure improvements on per capita income and job growth in 1990s using fixed effect estimation procedure. We also improve measurement of policy treatment while accounting for possible spillover effect. The policies considered for analysis have significant impact on growth outcomes. However this effect is non-linear. The size of this impact changes over time and the path of change varies by type of policy. Policy impacts are different between metro and non-metropolitan areas. Also, cross-policy effects are found. The results can assist decision makers in targeting policies
Determinants of Productivity and Structural Change in a Large Commercial Farm Environment: Evidence from Ukraine
The Publisher's final version can be found by following the DOI link.The coincidence of productivity improvements and growth of agriholdings in Ukraine
over the last decade is often interpreted as evidence of technology-induced increasing returns
to scale and superiority of very large farms. Panel data for the countryâs commercial
farms in 2001â2012 do not allow us to reject the hypothesis of constant returns to
scale but point toward the importance of farms and rayon- (district) fixed effects. This
suggests productivity growth was driven by exit of unproductive and entry of more efficient
farms. Higher initial shares of area under farms above 3,000 or 5,000 ha at rayon
level significantly reduce subsequent exit, pointing towards one channel through which
land concentration may reduce productivity growth
Increasing the Equity and Efficiency of Tax Abatement Programs
The state role in economic development policy has
increased as the federal government has devolved selected
programs to balance growth and incomes
among different part of the country. Rapid growth in
coastal states and the suburban areas around many
cities, and stagnation or decline in areas that have remained
rural has intensified economic development
debate. Within the broad spectrum of economic development
policy, significant resources are focused on
state industrial recruitment through tax abatements.
This article uses the Michigan experience to illustrate
how current application of tax abatements may increase
geographic income inequality, and that some
adjustment in the policy would be needed if policy
makers want to rectify the unequal distribution of tax
expenditure. We also argue that localities have few
incentives to reject or limit, which can lead to overuse
of the tool. Relatively straightforward countervailing
measures such as a cap on per capita use of abatements,
together with payments to localities that do not
use their quota of abatements, could improve the effectiveness
of overall state economic development policy
by increasing the level of local public debate about
the use of abatements and making funds available for
alternatives to tax abatements