A Note on the Subregional Employment Impact of Urban Revitalization
Reza Banai-Kashani
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Reza Banai-Kashani: Memphis State University
The Review of Regional Studies, 1988, vol. 18, issue 3, 41-46
Abstract:
Estimates of permanent vs. non-permanent employment ordinarily are reported in studies of the economic impact of downtown revitalization. However, still a further distinction of employment as basic vs. non-basic types is of particular interest since, at least in economic-base theory, the former is the source of additional (induced) employment change. Thus, the argument in this paper brings into the calculus of the economic impact of city revitalization the distinction of basic vs. non-basic employment and its associated concept of the multiplier impacts. But more important, cognizant of previous empirical studies attesting to the existence of the multiplier-decay hypothesis, this study accounts for the impact of the economy of the revitalizing city on its surrounding and depending subregional economies.
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:rre:publsh:v18:y:1988:i:3:p:41-46
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