Local ability to rewire and socioeconomic performance: Evidence from US counties before and after the Great Recession

The paper examines the effects of three groups of factors (county economic structure, social/demographic attributes and geography) on employment growth and poverty change in US counties before and after the Great Recession. It finds that the industrial structure that facilitates inter-industry emplo...

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Bibliographic Details
Main Author: Partridge, Mark (Author)
Other Authors: Tsvetkova, Alexandra (Contributor)
Format: Electronic eBook
Language:English
Published: Paris OECD Publishing 2020
Series:OECD Local Economic and Employment Development (LEED) Papers no.2020/04
Subjects:
Online Access:DE-862
DE-863
Summary:The paper examines the effects of three groups of factors (county economic structure, social/demographic attributes and geography) on employment growth and poverty change in US counties before and after the Great Recession. It finds that the industrial structure that facilitates inter-industry employee flows ("rewiring") is of increasing importance post-Recession. In particular, this measure is associated with employment growth in under-performing counties suggesting that removing barriers to the flow of resources within lagging economies and increasing their adaptability potential might be a viable policy option.
Physical Description:1 Online-Ressource (36 Seiten)

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