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Local ability to rewire and socioeconomic performance: Evidence from US counties before and after the Great Recession

Mark Partridge and Alexandra Tsvetkova

No 2020/04, OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing

Abstract: 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)
Date: 2020-05-26
New Economics Papers: this item is included in nep-lab and nep-ure
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https://doi.org/10.1787/31b980f6-en (text/html)

Related works:
Working Paper: Local ability to "rewire" and socioeconomic performance: Evidence from US counties before and after the Great Recession (2018) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:oec:cfeaaa:2020/04-en

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