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Big Business and Community Welfare

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  • Thomas A. Lyson

Abstract

. Building on research published by C. Wright Mills and Melville Ulmer in 1946, the relationships among community welfare and civic engagement, the independent middle class, and big business are examined. Manufacturing‐dependent counties are the units of analysis. Partial correlation analysis is used to identify the effects of the independent and mediated effects of big business, civic engagement, and the independent middle class on community welfare. Results show that a local economy organized around smaller‐scale, diversified enterprises has more favorable outcomes than one dominated by one or more large corporations.

Suggested Citation

  • Thomas A. Lyson, 2006. "Big Business and Community Welfare," American Journal of Economics and Sociology, Wiley Blackwell, vol. 65(5), pages 1001-1023, November.
    • Handle: RePEc:bla:ajecsc:v:65:y:2006:i:5:p:1001-1023
    DOI: 10.1111/j.1536-7150.2006.00489.x
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    References listed on IDEAS

    as
    1. Hodson, Randy, 1983. "Workers' Earnings and Corporate Economic Structure," Elsevier Monographs, Elsevier, edition 1, number 9780123517807.
    2. repec:cai:poeine:pope_405_0567 is not listed on IDEAS
    3. Mildred Warner & Jennifer Gerbasi, 2004. "Rescaling and reforming the state under NAFTA: implications for subnational authority," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 28(4), pages 858-873, December.
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