This paper distinguishes between internal (produced within the firm) and external (produced by other firms) knowledge and studies the effects of both knowledge types on survival in a cohort of computer and electronic product manufacturing companies started in 1991 in the continental US...

We examine the effects of three broad groups of socioeconomic factors on poverty, income and employment growth in US counties before and after the Great Recession. The factors reflect different aspects of county economic structure, social/demographic attributes, and natural amenities, as well as...

Economists typically celebrate productivity growth as the chief way to improve living standards. They also advocate that particular cities and regions strive to be as productive as possible to attract business and increase employment. However, while productivity growth may reduce costs, improve...

The U.S. shale boom has intensified interest in how the expanding oil and gas sector affects local economic performance. Research has produced mixed results and has not compared how energy shocks differ from equal-sized shocks elsewhere in the economy. What emerges is that the estimated impacts...

Using a panel (2000-2011) of cross-state relocation patterns of manufacturing firms from the National Establishment Time Series (NETS) database we estimate a state-to-state relocation model for all manufacturers and separately for three groups of industries defined by knowledge intensity. The...

The U.S. shale boom has intensified interest in how the expanding oil and gas sector affects local economic performance. Research has produced mixed results and has not compared how energy shocks differ from equal-sized shocks elsewhere in the economy. What emerges is that the estimated impacts...

This paper tests the effect of diversity, creativity and localized competition on firm formation in US computer and electronic product manufacturing within the knowledge spillover theory of entrepreneurship (KSTE) framework. Fixed effects instrumental variable estimation results support the KSTE...

In this study we use the National Establishment Time Series (NETS) database to study relocation by manufacturers based on differences in the business climate between the origin and destination states. We model interstate relocations for manufacturers in aggregate and for three sub-groups...

Economic development policies often revolve around supporting small businesses and new firm creation as they are locally grown and likely can be more influenced by state and local policy. Two prominent strands of current research—the regional economic growth and small business/entrepreneurship...

In this paper, we explore how national economic trends in a set of industries that compose local economies and growth in nearby metropolitan areas affect local employment growth in different tiers of the urban-rural hierarchy, paying close attention to the effects of urban proximity. The results...