Title

A Model Of Trickle-Down Effect through Job Creation: How Does “Economic Development Policy” Make Public Economic Resources Trickle-Down onto Gateway Cities in Massachusetts?

Date of Completion

5-2013

Document Type

Open Access Capstone

Degree Name

Master of Science (MS)

Abstract

This paper unfolds a trickle-down effect model from the economic development policy of the Commonwealth of Massachusetts. The main trickle-down effect mechanism is job creation. Qualitative inquire methods yielded a model of trickle-down effect that proposes level of employment as dependent variable and five independent variables: innovation and knowledge, entrepreneurship, infrastructure, transaction costs, and costs of production. There is also a spillover: increase of household median income.

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