Public Works Program: Multiplier and Employment Generating Effects

摘要

This is a study of the job-producing results of public works investments. It usesinput-output and regression analyses to show the effects of EDA public works projects on the employment growth of their host counties. Comparisons are made to counties have no EDA projects. Do public works projects product permanent jobs in their host counties. And do the resulting jobs, in turn, produce other jobs. All information is available to the technical specialist, but the layman can read the introductory and concluding materials and gain the full implications of the analysis. The analysis produced a median employment multiplier of 1.50 and a median investment multiplier of 1.44. Thus, if a typical EDA public works project creates 200 direct a permanent jobs and $6 million in direct private-sector investment, an additional 100 indirect and induced jobs and $2.64 million of indirect and induced investment are also created.