The Subsidization of Industry by Local Communities in the South

American communities lacking sufficient local employment opportunity have long practiced the subsidization of industry. During the depression, for instance, the practice was widespread, and in the post-war period it has been gaining in importance. The phenomenon has been little noticed by economists...

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Veröffentlicht in:	Southern economic journal 1961-10, Vol.28 (2), p.187-193
1. Verfasser:	Moes, John E.
Format:	Artikel
Sprache:	eng
Schlagworte:	Cities Committees Communities Community Corporations Economic competition Employment Farms Finance Industrial development Industry Labor Labor surplus Local government Location Low income groups Municipal bonds Payroll Southern states Subsidies Towns Underemployment Wage differential Wages Wages & salaries
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Beschreibung
Zusammenfassung:	American communities lacking sufficient local employment opportunity have long practiced the subsidization of industry. During the depression, for instance, the practice was widespread, and in the post-war period it has been gaining in importance. The phenomenon has been little noticed by economists, however, and to the extent that it has been noticed, it has been condemned.
ISSN:	0038-4038 2325-8012
DOI:	10.2307/1055737