This analysis examines the relationship between federal public investment spending and economic development in the special case of Appalachia. We propose that the effects of federal public investment spending on economic development operate indirectly through private capital accumulation. We use a spatial lag regression model to test our ideas for…

This issue paper, meant to stimulate discussion within the employment and training community, offers three different perspectives on improving conditions in rural areas. However, all of these perspectives share common themes: a belief in the ability of rural areas to recover economically, a commitment to ensuring that this occurs, and the use of…

The economic problems of localities in the U.S. fall into two broad categories. Problems of low income occur if a local economy supplies too few jobs, and if the jobs that do exist pay low wages or are in the low productivity sectors of the economy. Problems stemming from low economic growth are marked either by an absolute decline or by low…