Broadband telecommunications infrastructure is considered to be an economic development necessity by a significant number of policymakers and economic development professionals, particularly in rural areas. Across the United States, a considerable amount of money is being invested in the...

This thesis analyzes the impact of capital budget on capital spending in the U.S. states.The analysis is based on the James Poterba's 1995 study of the impact of a capital budget on capital spending using 1962 U.S. state-level data. I first replicate Poterba's model using the 1992-1996 data set...

This paper applies New Growth Theory (NGT) to the economic development plan of the Institute for Advanced Learning and Research (IALR) for the Dan River region. New Growth Theory is summarized into five concepts: knowledge and human capital, technology, flexible production and innovation, and...