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Governors, Economic Theory, and Development Policy

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  • Keith Boeckelman

    (University of North Carolina at Pembroke)

Abstract

This article examines governors' views on state economic development policy based on a distinction between two basic categories—supply-side and demand-side approaches. The former emphasizes business incentives, whereas the latter focuses on "homegrown" development through government-business cooperation. The findings, based on data collected from governors' offices in 41 states, reveal support for both approaches, but suggest that supply-side policies remain the more popular of the two. They also show that Republican governors tend to favor the supply-side approach, whereas Democrats emphasize demand-side policies.

Suggested Citation

  • Keith Boeckelman, 1996. "Governors, Economic Theory, and Development Policy," Economic Development Quarterly, , vol. 10(4), pages 342-351, November.
  • Handle: RePEc:sae:ecdequ:v:10:y:1996:i:4:p:342-351
    DOI: 10.1177/089124249601000404
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