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OCE-84-4 1 (1984-08-15)

handle is hein.gao/gaobabesm0001 and id is 1 raw text is: 



BY THE U S GENERAL ACCOUNT NG OFFICE


Report To The Chairman, Subcommittee

On Economic Development, Committee On

Public Works And Transportation

House Of Representatives


Estimated Employment Effects Of Federal

Economic Development Programs




Using, an econometric model, GAO esti-
mated the effects on employment of an
additional $500,000 in federal economic
development assistance The model's esti-
mates are based on the 1974-78 period and
cannot be used to make forecasts because
of changes in the economic environment
since that time However, GAO found that
(1) most of the additional jobs occurred in
manufacturing, (2) public works grants
were the most cost-effective type of grant in
creating jobs, and (3) grants had their
largest employment effect in states with
relatively low employment


Cou 4


124943


   GAO/OCE-84-4
AUGUST 15, 1984

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