Record Details

Do Economic Development Efforts Benefit All? Business Attraction and Income Inequality

The Review of Regional Studies

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Field Value
 
Title Do Economic Development Efforts Benefit All? Business Attraction and Income Inequality
 
Creator Shuai, Xiaobing
 
Subject economic development, income distribution, business attraction
R58, O25, J31
 
Description This paper extends the current literature on county-level income distribution in the United States by explicitly exploring the effect of business-attraction efforts by state governments. Using county-level job attraction and retention data from 2000 to 2005 in Virginia to explain the income distribution from 2006 to 2010, while controlling for demographic and socioeconomic conditions of local communities, this study shows that bringing in manufacturing jobs can reduce income inequality at the local level while attracting jobs in professional and business services tends to increase local income inequality. The results indicate that state and local governments’ efforts to attract and retain manufacturing jobs help improve local income distribution.
 
Publisher Southern Regional Science Association
 
Contributor
 
Date 2015-08-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://journal.srsa.org/ojs/index.php/RRS/article/view/45.1.3
 
Source The Review of Regional Studies; Vol 45, No 1 (2015); 35-56
0048-749X
1553-0892
 
Language eng
 
Relation http://journal.srsa.org/ojs/index.php/RRS/article/view/45.1.3/pdf