Centre pour l'entrepreneuriat, les PME, les régions et les villes
Local ability to rewire and socioeconomic performance
Evidence from US counties before and after the Great Recession
The paper examines the effects of three groups of factors (county economic structure,
social/demographic attributes and geography) on employment growth and poverty change
in US counties before and after the Great Recession. It finds that the industrial
structure that facilitates inter-industry employee flows (“rewiring”) is of increasing
importance post-Recession. In particular, this measure is associated with employment
growth in under-performing counties suggesting that removing barriers to the flow
of resources within lagging economies and increasing their adaptability potential
might be a viable policy option.
Published on May 26, 2020
In series:OECD Local Economic and Employment Development (LEED) Papersview more titles