TY  - SER
AU  - Adkisson, Richard V. 
AU  - LaPlue, Lawrence D. 
AU  - Sroka, Christopher J. 
TI  - The Role of Initial Conditions in Post-Great Recession Recovery and Development: Single-County MSAs
PY  - 2020///
PB  - Sage
KW  - Post-Great Recession Recovery
KW  - Single-County MSAs
N2  - This article studies the impact of initial (circa 2009) socioeconomic conditions on post-Great Recession economic development/recovery. The units observed are 145 single-county metropolitan statistical areas in the lower 48 American states. Principal components analysis is used to construct a four-dimensional index representing economic development/recovery over 2009 to 2016. Variables in five categories—education/human capital, general socioeconomic/demographic conditions, industrial structure, public policy, and regional variables—are used to explain variation in the economic development index. The estimates indicated that approximately two thirds of the variation in post-recession economic development can be explained using only initial conditions
UR  - https://doi.org/10.1177/0891242419894375
ER  -