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...

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...

SRSA Presidential Address: The 2008/2009 recession has been the worst recession since World War II. The national unemployment rate went from 5.0 percent to over 10 percent in less than two years. GDP was negative during five of the six quarters during 2008 and the first half of 2009. Over 8.3...