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Bartik, Timothy J
Investing in kids : early childhood programs and local economic development / Timothy J. Bartik
Alternate Title Early childhood programs and local economic development
Kalamazoo, Mich. : W.E. Upjohn Institute for Employment Research, 2011
book jacket
Location Call Number Status
 3rd Floor  HC79.E47 B37 2011    AVAILABLE
Subject(s) Economic development -- United States
Early childhood education -- United States
Physical Description xix, 417 p. : ill. ; 23 cm
Note Includes bibliographical references (p. 363-387) and index
Contents 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
Summary 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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