Investing in Kids: Early Childhood Programs and Local Economic Development

Timothy Bartik ()

in Books from Upjohn Press from W.E. Upjohn Institute for Employment Research

Abstract: Early childhood programs, if designed correctly, pay big economic dividends down the road because they increase the skills of their participants. And since many of those participants will remain in the same state or local area as adults, the local economy benefits: more persons with better skills attract business, which provides more and better jobs for the local economy. Bartik measures ratios of local economic development benefits to costs for both early childhood education and business incentives. He shows that early childhood programs and the best-designed business incentives can provide local benefits that significantly exceed costs. Given this, states and municipalities would do well to adopt economic development strategies that balance high-quality business incentives with early childhood programs.

Keywords: EDUCATION and TRAINING; Early childhood; Preschool and early education; REGIONAL ISSUES; Business incentives (search for similar items in EconPapers)
JEL-codes: R1 (search for similar items in EconPapers)
Date: 2011
ISBN: cloth 9780880993739 paper 9780880993722
Note: PDF is the book's first chapter.
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Citations: View citations in EconPapers (17)

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