Economic Analysis of Effects of Business Cycles on the Economy of Cities: Variations in Cyclical Employment - Couverture souple

Howland, Marie

 
9781288929030: Economic Analysis of Effects of Business Cycles on the Economy of Cities: Variations in Cyclical Employment
Couverture souple
ISBN 10 : 128892903X ISBN 13 : 9781288929030
Editeur : BiblioBazaar, LLC, 2013

Synopsis

There are wide variations in the severity with which regions experience national recessions (Borts [1960], Browne [1978], Freidenberg and Bretzfelder [1980], Gellner [1974], Howland [1979,1981], SUQ and Rush (1975]). This paper presents and tests an econometric model to explain these cross-regional differences in cyclical behavior. The model, based on export base theory, is tested with state-level data from the five post-World War II recessions between 1950 and 1975. The findings suggest that cross-state differences in the industry mix of exports, capital-labor ratios, age of manufacturing capital stocks, levels of unemployment insurance benefits, unionization of labor forces, and multiplier impacts on the residentiary sector of the economy explain cross-state differences in the severity of state recessions.

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Éditeur
BiblioBazaar, LLC
Date d'édition
2013
Langue
anglais
ISBN 10 
128892903X
ISBN 13 
9781288929030
Reliure
Broché
Nombre de pages
38
Coordonnées du fabricant
non disponible
Personne responsable
non disponible