Description |
1 online resource (xix, 417 pages) : illustrations |
Physical Medium |
polychrome |
Description |
text file |
Bibliography |
Includes bibliographical references (pages 363-387) and index. |
Contents |
1. Introduction. Clarifying previous thinking -- A balanced economic development strategy: both labor demand and labor supply policies -- The advantages of thinking and acting locally -- Why consider early childhood programs and business incentives together? -- A road map for this book -- 2. The nature and importance of local economic development benefits, and how they are affected by labor demand and labor supply. What is local economic development policy? -- The importance of local economic development -- Economic development: what is it good for? Absolutely nothing except land values? -- Hysteresis: an argument for why local job growth development might help workers -- But why are jobs said to offer "benefits"? Is there "something special" about jobs? -- But why are local jobs so important? After all, I could get those same job opportunities elsewhere -- Other possible benefits of local job growth -- Where the rubber hits the road: empirical evidence on the effects of increases in local labor demand -- Not everyone agrees: the Blanchard-Katz perspective and its policy implications -- The zero-sum-game argument: why care about local benefits when what count are national benefits? -- If growth provides benefits, why worry about the details? -- What are the labor supply policies that affect the quantity or quality of labor supply in a state or local area? -- What are the key issues in how early childhood and other labor supply programs affect local economic development benefits? -- Two perspectives on the benefits to out-movers -- How mobile is the U.S. population? -- How will a state or local area's employers respond to a local increase in labor force participation or job skills? -- What about the response at the national level? -- Conclusion -- 3. Estimated economic development effects of well-designed business incentive programs. Types of business incentives -- Business incentive effects -- Financing and design of incentives -- Effects of local job growth on local workers -- Response to possible objections -- Conclusion -- 4. The economic development effects of high-quality early childhood programs. Context of these three early childhood programs -- Summary of economic development benefits -- Why you should care about 1 percent effects on earnings -- Program description -- Modeling economic development effects, part 1: spending -- Modeling economic development effects, part 2: state labor market effects of increased labor supply of parents or former child participants -- Does this analysis treat early childhood programs fairly compared to business incentives? -- Conclusion. |
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5. Design matters: what features of business incentive programs and early childhood programs affect their economic development benefits? Business incentives -- Early childhood programs -- Conclusion -- 6. Dealing with the known unknowns: how policymakers should deal with dueling estimates from researchers. Sources of uncertainty -- The best response to uncertainty -- Conclusion -- 7. Bringing the future into the present: how policymakers should deal with the delayed benefits of early childhood programs. Discounting -- Reducing short-run costs: postponing costs through borrowing -- Reducing short-run costs: possible offsets from reduced special education costs -- Reducing short-run government costs: financing pre-K out of the K-12 school budget -- Increasing short-run benefits through capitalization -- Increasing short-term benefits: incorporating parental employment programs into early childhood programs -- Conclusion -- 8. Who benefits? Distributional effects of early childhood programs and business incentives, and their implications for policy. Targeted pre-K versus universal pre-K -- Business incentives: who benefits -- Prekindergarten (pre-K) education: speculation about possible distributional benefits -- Baseline results for distributional effects of universal pre-K -- Adding in possible capitalization effects -- Alternative distributional assumptions -- Targeted versus universal pre-K -- Targeting within universalism: universal pre-K with income-graduated fees -- The abecedarian program: distributional effects of a large-scale targeted program -- The nurse-family partnership: distributional effects of a smaller-scale antipoverty program -- Conclusion. |
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9. Locality matters: how economic development benefits vary in diverse local economies. What this chapter is and isn't -- The mechanisms by which locality matters -- Empirical evidence on variation across states -- Empirical evidence on metropolitan areas versus states -- Empirical evidence on metropolitan area size -- Empirical evidence on metro area growth -- Conclusion -- 10. The national perspective: how local business incentives and early childhood programs affect the national economy. National versus state benefits of business incentives -- National versus state benefits of early childhood programs -- Macroeconomic benefits or costs from redistributing jobs -- Social benefits from more jobs: greater in high-unemployment local economies? -- Federalism and business incentives: a policy wonk's perspective -- Federalism and business incentives: a practical political perspective -- Federalism and early childhood programs: a policy wonk's perspective -- Federalism and early childhood programs: a practical political perspective -- Conclusion -- 11. The ethics of early childhood programs and business incentives. The philosophical argument against early childhood programs -- The philosophical argument against business incentives -- Common elements to the arguments against these government programs -- The conceptual case for early childhood programs -- Are early childhood programs really opposed to family rights? -- The conceptual case for business incentives -- Conclusion -- 12. Extending economic development analysis to other human development programs: education, public health, crime reduction. Methodology -- K-12 test scores -- Educational attainment -- Public health -- Reducing crime -- Conclusion -- 13. Thinking and acting locally: what potential is there for local support for high-quality early childhood programs? Early childhood programs and local economic development: how do they fit into the big issues? -- What can and should be done locally? -- Is local action really politically feasible? -- New thinking about early childhood programs and local economic development. |
Summary |
Bartik measures ratios of local economic development benefits to costs for both early childhood education and business incentives. He shows that early childhood programs and the best-designed business incentives can provide local benefits that significantly exceed costs. --from publisher description. |
Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
Subject |
Economic development -- United States.
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Economic development. |
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United States. |
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Early childhood education -- United States.
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Early childhood education. |
Genre/Form |
Electronic books.
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Electronic books.
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Other Form: |
Print version: Bartik, Timothy J. Investing in kids. Kalamazoo, Mich. : W.E. Upjohn Institute for Employment Research, 2011 9780880993722 (DLC) 2010049422 (OCoLC)656455976 |
ISBN |
9781461903604 (electronic book) |
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1461903602 (electronic book) |
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9780880993722 |
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0880993723 |
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9780880993739 |
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0880993731 |
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