Category Archives: Economic development

Business taxes vs. human capital investments as economic development programs

I recently received a question from an advocate for early childhood education and other education programs. This question arises from this advocate’s interactions with state government legislative staff. These staff persons are judging these educational investments by their effects on … Continue reading

Posted in Business incentives, Early childhood programs, Economic development | 1 Comment

Budget deficits and early childhood programs

For better or worse, it appears we are engaged in a debate about how to reduce projected future budget deficits. This is true both at the federal level and in many states. What relationship, if anything, do early childhood programs … Continue reading

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State economic development benefits from reducing ADHD

In chapter 12 of Investing in Kids, I also consider the state economic development benefits from reducing “attention deficit hyperactivity disorders”. We might imagine public health and education policies that might intervene to reduce such disorders. I based my estimated … Continue reading

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Governors’ budget proposals reveal debate over how state government can best respond to economic distress

The Center for Budget and Policy Priorities (CBPP) has a useful recent report that summarizes the budget proposals for fiscal year 2012 of 48 Governors. (Fiscal year 2012 runs from July 1 2011 to June 30 2012 in most states.)  … Continue reading

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The economic development benefits of converting low-weight births to normal-weight births

In chapter 12 of Investing in Kids, I extend my estimates of economic development benefits beyond early childhood programs, to other changes that would increase human capital. Unlike the case of early childhood programs, I don’t analyze the costs of … Continue reading

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Community colleges and local economic development

In chapter 12 of Investing in Kids, I consider how more community college graduates affect a state’s economic development. The skills from more graduates of community colleges will spur a state’s economic growth by increasing the skill level of the … Continue reading

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Increasing bachelor degree attainment as an economic development strategy

In chapter 12 of Investing in Kids, I also provide estimates for how an increase in the attainment of bachelor degrees will affect a state’s economic development. Although some bachelor degree holders will leave their home state, others will remain. … Continue reading

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Reducing high school dropouts as an economic development strategy

In chapter 12 of Investing in Kids, I also consider how reducing the high school dropout rate benefits a state economy. As with early childhood programs and other educational investments, reducing high school dropouts affects economic development by affecting labor … Continue reading

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How to make the economic case for early childhood programs to the business community and policymakers

One question I have sometimes been asked is how to most effectively make the economic case for early childhood programs to the business community and to policymakers. I certainly have no magic answers. But here are a few suggestions, based … Continue reading

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Increasing secondary school test scores also provides economic development benefits, but probably with a lower benefit-cost ratio than elementary improvements

In chapter 12 of Investing in Kids, I also consider the economic development benefits of improvements in test scores in secondary school. These economic development benefits are the increase in a state’s per capita earnings. These increases in per capita … Continue reading

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