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Investing in Kids : Early Childhood Programs and Local Economic Development /

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...

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Detalles Bibliográficos
Autor principal: Bartik, Timothy J.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Kalamazoo, Mich. : W.E. Upjohn Institute for Employment Research, 2011.
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 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.
  • 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.
  • 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.