In 1992, the state of South Carolina offered an incentive package in excess of $120 million for the possible location of a BMW auto assembly plant. As part of the location effort, the state of South Carolina sponsored an impact study that appeared to be very optimistic. This paper evaluates this...

The need for regional econometric forecasting models and the uses of their results has increased in recent years. A major reason for the growing interest in these models is the increasing recognition that regional economies vary in structure and performance, particularly in their cyclical...

This paper investigates the recoveries following the 1990-91 and 2001 recessions on a state by state and regional basis, and examines why different states and regions performed differently over these two expansions. The general conclusion of the study is that, when measured by a six-year Okun...

This paper identifies the states that suffered the largest job losses and the states whose employment levels suffered the least during the 2008/2009 recession. State-by-state performance varied widely during this downturn, with Nevada having the largest percentage job loss, a drop in employment...

The purpose of this paper is to identify factors that explain the differences in state PCPI levels and to examine the question of how demographic factors have influenced changes in state PCPI levels over the census years between 1950 and 2000. The results suggest that the racial composition of...