National and Regional Factors in the New York Metropolitan Economy
16 Pages Posted: 12 Nov 2007
Abstract
The connections between broad economic indicators in the metropolitan region and their national counterparts are examined by the authors. The authors show that over the last seven years, employment growth has been poor in both absolute terms and relative to the nation, possibly indicating a region in decline. However, they note that the region's income growth has been considerably better than its employment growth, suggesting a region whose goods and services remain in healthy demand.
Keywords: New York City, New York City economy
JEL Classification: R0
Suggested Citation: Suggested Citation
McCarthy, Jonathan and Steindel, Charles, National and Regional Factors in the New York Metropolitan Economy. Economic Policy Review, Vol. 3, No. 1, February 1997, Available at SSRN: https://ssrn.com/abstract=1028578
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