Local ability to rewire and socioeconomic performance: Evidence from US counties before and after the Great Recession
Mark Partridge and
No 2020/04, OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing
The paper examines the effects of three groups of factors (county economic structure, social/demographic attributes and geography) on employment growth and poverty change in US counties before and after the Great Recession. It finds that the industrial structure that facilitates inter-industry employee flows (“rewiring”) is of increasing importance post-Recession. In particular, this measure is associated with employment growth in under-performing counties suggesting that removing barriers to the flow of resources within lagging economies and increasing their adaptability potential might be a viable policy option.
Keywords: employment growth; Great Recession; inter-industry employee flows; local economic rewiring; poverty change; US (search for similar items in EconPapers)
JEL-codes: J62 O18 R11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab and nep-ure
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Working Paper: Local ability to "rewire" and socioeconomic performance: Evidence from US counties before and after the Great Recession (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:oec:cfeaaa:2020/04-en
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