Iowa fared better than most other states in the recent recession. Yet within Iowa, there was considerable variation in how each county performed. I use a regression model to investigate the reasons for the differences. Counties that did better than average tended to have larger farm, retail trade, and real estate sectors; they also had larger percentages of both 15 to 19 year olds and Social Security recipients. Counties that fared worse than average typically relied more heavily on government employment.
Major Themes in Economics
©2012 by Major Themes in Economics
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
"Explaining Differences in Unemployment Rates across Iowa Counties in the Early Stages of the Great Recession,"
Major Themes in Economics, 14, 13-32.
Available at: https://scholarworks.uni.edu/mtie/vol14/iss1/4