G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11662
DP11662 Does federal contracting spur development? Federal contracts, income, output, and jobs in US cities
Andrés Rodríguez-Pose; Michiel Gerritse
发表日期2016-11-25
出版年2016
语种英语
摘要Government contracts are frequently courted by firms and governments alike as a solution to generate more jobs, income, and economic growth. However, the development impact of government contracts remains controversial. This paper uses georeferenced data on United States (US) federal contracts, distinguishing between the location of the recipient and the location of performance, for the years 2005-2014 in order to assess the extent to which federal government contracting has contributed to job and wealth generation and economic growth in metropolitan areas of the US. The results of the analysis show that individuals living in cities with a higher share of contract spending per capita witnessed improvements in employment. Aggregate GDP per capita also rose in cities hosting the companies receiving the contracts. However, the effects – once reverse causality and spurious trends are controlled for using a fine-scale fixed effect strategy and instrumentation – are very small, raising reasonable questions about the viability of federal contracting as a vehicle for economic development.
主题International Trade and Regional Economics
关键词Federal contracting Government spending Jobs Wages Economic growth Urban development
URLhttps://cepr.org/publications/dp11662
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540476
推荐引用方式
GB/T 7714
Andrés Rodríguez-Pose,Michiel Gerritse. DP11662 Does federal contracting spur development? Federal contracts, income, output, and jobs in US cities. 2016.
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