Economics at your fingertips  

Restoring the Social Balance: The Potential Impact of a Public Infrastructure Bank

Deborah M. Figart

Journal of Economic Issues, 2021, vol. 55, issue 1, 1-13

Abstract: This article shows how regional input-output modeling can be used to estimate the economic impact of a proposed public bank in the City of Philadelphia and a State Bank of New Jersey. Empirical analysis estimates the positive increase in output, earnings, employment, and value-added for each newly proposed public bank. In New Jersey, state output could rise by over $54 billion and over 243,000 new jobs could be created. In Philadelphia, gross city product (value-added) could rise by $3 billion and nearly 11,000 new jobs are projected.

Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.1080/00213624.2021.1873038

Access Statistics for this article

More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2021-04-20
Handle: RePEc:mes:jeciss:v:55:y:2021:i:1:p:1-13