Identifying Industries for Employment Development Using Input-Output Modeling: The Case of Prison Industry Employment

Charles E. Scott, Nancy A. Williams and Frederick W. Derrick

The American Economist, 2010, vol. 55, issue 2, 142-153

Abstract: Economic development involves creating new jobs while retaining existing jobs in a defined region. The focus in this paper is to propose and illustrate a method for identifying sectors with net positive employment impacts on the relevant jurisdiction using input-output (I/O) analysis. This approach is in contrast to the traditional purpose of I/O models, which is to determine the total economic impact of given changes in final demand in specific industries. The emphasis on employment in this paper explicitly addresses the potential for new employment to replace (crowd out) existing employment. This paper provides a method for selecting industries that minimize crowding out. We illustrate the use of this method with prison industry choice aggregated at the local, state and national levels. We find that the net employment effect of creating a new job is an empirical question dependent upon the aggregation level chosen and the region's economy.

Keywords: Input-output modeling; Crowding out; Prison industries; Employment creation; Industry choice (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/056943451005500215 (text/html)

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: https://EconPapers.repec.org/RePEc:sae:amerec:v:55:y:2010:i:2:p:142-153

DOI: 10.1177/056943451005500215

Access Statistics for this article

More articles in The American Economist from Sage Publications
Bibliographic data for series maintained by SAGE Publications ().