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Comeback Cities, Have The Big Cities Come Back?

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Comeback Cities, Have The Big Cities Come Back? Edward W. (Ned) Hill Harold Wolman Kimberly Furdell Funding from The Brookings Institution, Center on Urban and ... – PowerPoint PPT presentation

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Title: Comeback Cities, Have The Big Cities Come Back?


1
Comeback Cities, Have The Big Cities Come Back?
  • Edward W. (Ned) Hill
  • Harold Wolman
  • Kimberly Furdell
  • Funding from
  • The Brookings Institution, Center on Urban and
    Metropolitan Policy and the Fannie Mae Foundation

2
Purpose
  • What is the economic well-being of city
    residents?
  • Economic well-being getting better or worse?
  • How did Ohios central cities perform?

3
Universe
  • Central cities with 1980 populations of at least
    125,000 in metropolitan areas with at least
    250,000 people
  • 98 cities

4
Two Measures for Two Stories
  • Levels of resident distress
  • How well are we doing?
  • Improvement from 1990 to 2000
  • How much are we improving?

5
Index of City Resident Economic Distress
  • Poverty rate
  • Unemployment rate
  • Median household income
  • Missing is a measure of cost of living

Calculated as n-scores Ni (Xi Median) /
PSD ni Normal (Median, PSD) PSD
(Interquartile range)/1.35 PSD Pseudo Standard
Deviation
6
Index Change in Resident Economic Wellbeing
1990 to 2000
  • Percent change from 1990 to 2000
  • Per capita income
  • Median household income
  • Percentage point change from 1990 to 2000
  • Poverty rate
  • Unemployment rate
  • Labor force participation rate

7
How Big is Big?
8
Levels of Distress
9
The Relationship Has Been Stable for 20 years
10
Does Region Matter?
11
The Eastern Midwest
12
The Top 25 in 2000
13
The Top 25 in 1980
14
The Bottom 25
15
Change in the Economic Wellbeing of City
Residents 1990 to 2000
16
How Well Did Most Distressed in 1990 Do? The Low
Lower 48
  • The lower 1/3 of all cities with 125,000
    population in 1990 on municipal distress index
  • Calculated improvement in economic well being of
    residents from 1990 to 2000

17
Change in Economic Wellbeing of City Residents
1990 to 2000
  • Percent change from 1990 to 2000
  • Per capita income
  • Median household income
  • Percentage point change from 1990 to 2000
  • Poverty rate
  • Unemployment rate
  • Labor force participation rate

18
The ResultsMost Improved
Mean index of wellbeing improvement -0.002,
standard deviation 4.017.
19
The ResultsThe Fallen
20
What Is To Be Learned?
  • Difference between perception realitybe wary
    of best practices and copy-cat strategy
  • It is not regression to the mean
  • Industrial composition matters
  • Manufacturing coupled with low immigration
  • Pay attention to fundamentals
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