Search Results
Working Paper
Estimating the relationship between local, public and private investment
A discussion of whether public outlays influence private investment, modeling the timing and effectiveness of public infrastructure as a local policy instrument.
Journal Article
Public infrastructure and regional economic development
A review of recent empirical studies concerned with how investment in public infrastructure affects various types of state- and local-level economic activity. The relationships between public and private investment are examined and assessed.
Conference Paper
Highway infrastructure: policy issues for regions
Working Paper
Dashboard indicators for the Northeast Ohio economy: prepared for the Fund for Our Economic Future
The Fund for Our Economic Future (The Fund) is a multiyear collaborative effort ?to encourage and advance a common and highly focused regional economic development agenda that can lead to a long-term economic transformation of the Northeast Ohio (NEO) economy.? One of the strategies pursued by the Fund is to create and regularly update Dashboard Indicators for the Northeast Ohio Regional Economy. The Dashboard is intended to provide a framework for understanding the regional economic process and to track the region?s economic progress. This report presents the methodology used to construct ...
Journal Article
Identifying amenity and productivity cities using wage and rent differentials
An explanation of how regional wage and rent differentials can be used to classify metropolitan areas according to their amenity and productivity characteristics.
Journal Article
Can state employment declines foretell national business cycles?
An investigation of whether it is possible to predict national recessions by following the employment performance of specific states or regions. The author compares state employment patterns to the health of the national economy over the post-WWII period.
Working Paper
Wagner's hypothesis: a local perspective
Wagner's hypothesis of an expanding public sector as an economy develops is tested using pooled time-series cross-sectional data for U.S. states from 1964 to 1986. Comparing government size among fiscal jurisdictions within a single nation reduces the problems of data comparability and of controlling for cultural and institutional differences that plague the more common international tests of this theory. Our results are inconsistent with Wagner's hypothesis, yielding a negative relationship between public-sector size and output. However, some empirical support is found in the protective ...
Journal Article
Dimensions in Cleveland's economy
An examination of the dynamics of business activity in Cleveland, Ohio, using data about the formation of new businesses and about the expansion, contraction, and closing of existing businesses in seven sectors of the local economy.
Working Paper
Estimating the contribution of urban public infrastructure to regional growth
An estimation of components of public capital stock for 38 metropolitan areas from 1953 to 1981, using the perpetual inventory method. These series are used to estimate the effect of public capital stock on regional manufacturing production.