Does "Trickle Down" Work?: Economic Development Strategies and Job Chains in Local Labor Markets

Persky, Joseph; Felsenstein, Daniel; Carlson, Virginia L.

doi:10.17848/9781417549986

Cited by 27 publications

(49 citation statements)

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“…The job chains approach to evaluating the impacts of economic development was devised by Persky, Felsenstein, and Carlson (2004) and elaborated in their book Does Trickle Down Work? : Economic Development Strategies and Job Chains in Local Labor Markets (see also Felsenstein & Persky, 1999, 2007.…”

Section: A Chain-wise Analysismentioning

confidence: 99%

“…: Economic Development Strategies and Job Chains in Local Labor Markets (see also Felsenstein & Persky, 1999, 2007. Persky et al (2004), using data from the Panel Study of Income Dynamics (PSID), developed a probabilistic method of estimating job chain multipliers for the U.S. economy. In the same way, the generation of a new job in a local labor market-for example, through the siting of a new facility or expansion of an existing one-sets off a chain of job vacancies.…”

Section: A Chain-wise Analysismentioning

confidence: 99%

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Chains and Ladders: Exploring the Opportunities for Workforce Development and Poverty Reduction in the Hospital Sector

Nelson

Wolf-Powers

2009

Economic Development Quarterly

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In this article, the authors investigate the potential of hospitals to offer low-and semiskilled workers employment and adva ncement options. This study uses the job chains approach to measuring economic development impacts devised by Persky, Felsenstein, and Carlson to compare hospitals with three other industries highly concentrated in central cities and examines the practical challenges facing workforce development professionals. The findings suggest that growth in hospital employment has the potential to outstrip the impact of growth in accommodations, legal services, and securities and commodities on the well-being of low-income workers and should prompt economic development practitioners to take the sector more seriously as a locus for attention and investment. To maximize welfare gain and distributional equity, economic development policy makers must accompany investments in health care-based economic development both with strategies to promote skills attainment and credentialing among low-paid health care workers and with formal strategies to facilitate upward movement.

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Section: A Chain-wise Analysismentioning

confidence: 99%

Section: A Chain-wise Analysismentioning

confidence: 99%

Chains and Ladders: Exploring the Opportunities for Workforce Development and Poverty Reduction in the Hospital Sector

Nelson

Wolf-Powers

2009

Economic Development Quarterly

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“…), transfers, and other exogenous non-wage/salary income nor the impacts of investment and government spending. Further, it does not include the effects on the labor market that Persky et al (2004) refer to as vertical multiplier effects generated by vacancy-chain mechanisms. Hence, the interdependence described in this paper may be seen as an intermediate step in generating a more complete picture of metropolitan interdependence.…”

Section: Background To the Analysismentioning

confidence: 99%

Spatial Interdependence in a Metropolitan Setting

Hewings¹,

Parr²

2007

Spatial Economic Analysis

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Consideration is given to the spatial structure of the metropolitan area, and to the tendency for this to be generalized in terms of the stark dichotomy of city and suburbs. Focusing on a four-zone metropolitan area, a model of spatial interaction is outlined, the components of which are based on intersectoral trade, labor mobility, and consumption-expenditure patterns.These components are drawn together as layers in an organized sequence of processes. The linked components are shown to give rise to intricate patterns of spatial interdependence. These have the effect of blurring the city-suburbs distinction, and are fundamentally different from comparable patterns at other spatial scales.

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“…The gain, then, is the difference between the wages taken and what was given up. Again, see Persky, Felsenstein, and Carlson (2004) for details of our approach and sensitivity analyses. Using these estimates of average welfare gains of hires at each vacancy level in conjunction with estimates of the number of each type of vacancy opened by a given chain, we construct estimates of the total welfare gain associated with each type of new job.…”

Section: Valuing Average Chainsmentioning

confidence: 99%

“…The upper bound for each wage group is about 50 percent greater than the lower bound. See Persky, Felsenstein, and Carlson (2004) for details including our justification for triangularizing the matrix in Table 1. …”

Section: Valuing Average Chainsmentioning

confidence: 99%