Theme Issue Overview: Public Sector Options for Creating Jobs
نویسنده
چکیده
In a recent Boston Globe op ed article, “Is the ‘Governor Effect’ Real?,” Harvard University economist Edward Glaeser (2011) asks whether elected state officials have the power to influence the trajectory of job growth within their states. Glaeser questions one governor’s claim that he is responsible for the substantial job growth in his state. Using a comparative statistical analysis, he estimates the “Governor effect” on employment growth to be less than one-tenth of 1%. This means that the governor in question merely kept the economy on its natural employment growth path, and that his performance was more or less on par with what would have been expected for the state’s economy based on its inherent historical growth momentum.
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