IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v38y2024i4p302-315.html
   My bibliography  Save this article

Aerospace Place-Based Policy: The Impact of Boeing on South Carolina's Aerospace Industry

Author

Listed:
  • Adam Scavette

Abstract

South Carolina offered Boeing nearly $1 billion to locate a 787 Dreamliner assembly plant in North Charleston, which opened in 2011. Using difference-in-differences and synthetic difference-in-differences estimators, the author finds a substantial impact of the plant on South Carolina's aerospace employment (311% or 6,000 jobs), wages (10%), and establishments (44%) in the subsequent decade. The estimated number of aerospace jobs generated by the plant exceeds Boeing's 3,800 promised jobs. However, much of the state's aerospace establishment growth does not appear to be directly related to the Boeing plant, with most of it occurring in the upstate region (Greenville, Spartanburg) late in the treatment period. An analysis of the Charleston metropolitan area's economy reveals a 5-year local employment multiplier of 2.6 per promised job.

Suggested Citation

  • Adam Scavette, 2024. "Aerospace Place-Based Policy: The Impact of Boeing on South Carolina's Aerospace Industry," Economic Development Quarterly, , vol. 38(4), pages 302-315, November.
    • Handle: RePEc:sae:ecdequ:v:38:y:2024:i:4:p:302-315
    DOI: 10.1177/08912424241268284
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/08912424241268284
    Download Restriction: no
    File URL: https://libkey.io/10.1177/08912424241268284?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecdequ:v:38:y:2024:i:4:p:302-315. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.