Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession Periods

This empirical research study endeavors to elevate our understanding of the interrelationship of several aspects of economic dynamism at the state level in the United States. We investigate the factors influencing geographic mobility, i.e., both net in-migration and gross in-migration patterns, by s...

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Main Authors: Richard J. Cebula, G. Jason Jolley
Format: Article
Language:English
Published: Pompea College of Business 2024-11-01
Series:American Business Review
Subjects:
Online Access:https://digitalcommons.newhaven.edu/americanbusinessreview/vol27/iss2/11/
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author Richard J. Cebula
G. Jason Jolley
author_facet Richard J. Cebula
G. Jason Jolley
author_sort Richard J. Cebula
collection DOAJ
description This empirical research study endeavors to elevate our understanding of the interrelationship of several aspects of economic dynamism at the state level in the United States. We investigate the factors influencing geographic mobility, i.e., both net in-migration and gross in-migration patterns, by simultaneously focusing on two hypotheses using state-level panel data covering the period 2005-2017, as well as Pre-Great Recession and Post-Great Recession sub-periods thereof. These two hypotheses are as follows: the pattern of geographic mobility is positively impacted by a business climate that is (a) friendly to the pursuit of entrepreneurship per se on the one hand and (b) migrants are attracted to environments having greater labor market freedom on the other hand. This paper reveals that these two hypotheses receive simultaneous empirical support (i.e., they are not incompatible with one another).
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language English
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publisher Pompea College of Business
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series American Business Review
spelling doaj-art-a4aa1f25427c4b3f8e622f0f203494d72024-11-13T20:49:08ZengPompea College of BusinessAmerican Business Review0743-23482689-88102024-11-0127264065610.37625/abr.27.2.640-656Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession PeriodsRichard J. Cebula0G. Jason Jolley1University of Tennessee, Tennessee, U.S.A.Ohio University - Main Campus, Ohio, U.S.A.This empirical research study endeavors to elevate our understanding of the interrelationship of several aspects of economic dynamism at the state level in the United States. We investigate the factors influencing geographic mobility, i.e., both net in-migration and gross in-migration patterns, by simultaneously focusing on two hypotheses using state-level panel data covering the period 2005-2017, as well as Pre-Great Recession and Post-Great Recession sub-periods thereof. These two hypotheses are as follows: the pattern of geographic mobility is positively impacted by a business climate that is (a) friendly to the pursuit of entrepreneurship per se on the one hand and (b) migrants are attracted to environments having greater labor market freedom on the other hand. This paper reveals that these two hypotheses receive simultaneous empirical support (i.e., they are not incompatible with one another).https://digitalcommons.newhaven.edu/americanbusinessreview/vol27/iss2/11/economic dynamismmigrationlabor market freedom
spellingShingle Richard J. Cebula
G. Jason Jolley
Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession Periods
American Business Review
economic dynamism
migration
labor market freedom
title Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession Periods
title_full Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession Periods
title_fullStr Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession Periods
title_full_unstemmed Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession Periods
title_short Economic Dynamism: Interrelationships among Entrepreneurship-Friendly Environments, Geographic Mobility, and Labor Market Freedom in both the Pre- and Post-Great Recession Periods
title_sort economic dynamism interrelationships among entrepreneurship friendly environments geographic mobility and labor market freedom in both the pre and post great recession periods
topic economic dynamism
migration
labor market freedom
url https://digitalcommons.newhaven.edu/americanbusinessreview/vol27/iss2/11/
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AT gjasonjolley economicdynamisminterrelationshipsamongentrepreneurshipfriendlyenvironmentsgeographicmobilityandlabormarketfreedominboththepreandpostgreatrecessionperiods