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Industrie et entrepreneuriat

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Local ability to rewire and socioeconomic performance

Evidence from US counties before and after the Great Recession

The paper examines the effects of three groups of factors (county economic structure, social/demographic attributes and geography) on employment growth and poverty change in US counties before and after the Great Recession. It finds that the industrial structure that facilitates inter-industry employee flows (“rewiring”) is of increasing importance post-Recession. In particular, this measure is associated with employment growth in under-performing counties suggesting that removing barriers to the flow of resources within lagging economies and increasing their adaptability potential might be a viable policy option.

Published on May 26, 2020

In series:OECD Local Economic and Employment Development (LEED) Papersview more titles