Change in Manufacturing Productivity in the U.S. South: Implications for Regional Growth Policy
Kingsley E. Haynes and
Mustafa Dinc
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Kingsley E. Haynes: George Mason University
Mustafa Dinc: George Mason University
Chapter 18 in Theories of Endogenous Regional Growth, 2001, pp 368-392 from Springer
Abstract:
Abstract For over a century the U.S. South has been considered a lagging region in which its rates of income and employment growth relegated it to second class economic status. This was reinforced by a dominantly rural agrarian economic base. Despite reasonable economic growth rates, the gap between the South and the rest of the country did not seem to close significantly until the late 1960s and early 1970s. As industrialization took hold and urban agglomeration stimulated related supporting production and business service development, economic restructuring began to change the South and in the 1970s, the gap suddenly began to close. Manufacturing seems to have played a central role in closing this employment, income and wealth gap and in 1980s the South became part of growing “sunbelt” which until that time had been dominated only by western states. It is the role of manufacturing that is examined in this study to understand its present role in regional economic growth in the U.S. South.
Keywords: Total Factor Productivity; Output Growth; Employment Growth; Manufacture Productivity; Productivity Gain (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-59570-7_18
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DOI: 10.1007/978-3-642-59570-7_18
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