Title:	Does Trickle Down Work? Economic Development Strategies and Job Chains in Local Labor Markets
Authors:	Joseph Persky Daniel Felsenstein Virginia Carlson
Keywords:	Job creation Mathematical models
Issue Date:	2004
Publisher:	Kalamazoo, Michigan
Description:	Jobs, jobs, jobs. Across the country, state and local economic development programs have promised to deliver jobs. It may seem self-evident that more jobs are better than less; yet, one can be sympathetic and still ask what a job is actually worth. Who gets new jobs in an area? Wouldn’t many of those workers be employed anyway? To what extent do benefits spill over to others in a community? Do gains trickle down to improve the welfare of those most in need? These are basic questions. Answering them requires both solid theory and well-calibrated empirical estimates. Too often these questions are simply left unaddressed. More often they are answered in only vague terms. Yet, these are crucial issues for evaluating job creation efforts. Gross job counts tell us very little about the efficiency of job generation. In fact, “head counting” can be highly misleading, celebrating high levels of turnover while saying very little about the gains that actually stick in the local economy.
URI:	http://10.6.20.12:80/handle/123456789/48893
ISBN:	0-88099-308-1
Appears in Collections:	Regional and Local Development Studies

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