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100 _aAdkisson, Richard V.
_954201
245 _aThe Role of Initial Conditions in Post-Great Recession Recovery and Development:
_bSingle-County MSAs/
_cRichard V. Adkisson
260 _bSage,
_c2020.
300 _aVol. 34, issue 1, 2020: (64–77p.)
520 _aThis 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.
650 _aPost-Great Recession Recovery
_954202
650 _aSingle-County MSAs
_954203
700 _aLaPlue, Lawrence D.
_eCo-author
_954204
700 _aSroka, Christopher J.
_eCo-author
_954205
773 0 _010589
_916747
_dSage Publisher
_tEconomic development quarterly
856 _uhttps://doi.org/10.1177/0891242419894375
942 _2ddc
_cART
999 _c13429
_d13429