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Weathering the Storm of Business Climate Rankings

Author

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  • Eathington, Liesl
  • Todd, Aaron L.
  • Swenson, David A.

Abstract

This paper explores current usage of the term business climate. It discusses multiple definitions and measures of what constitutes a region's business climate. It also examines how usage of the term varies over time and geography. Finally, it addresses some issues related to business climate rankings, their role in economic development policy, and whether the multiplicity of published state rankings contribute consensus or confusion to the meaning of the term business climate.

Suggested Citation

  • Eathington, Liesl & Todd, Aaron L. & Swenson, David A., 2005. "Weathering the Storm of Business Climate Rankings," Staff General Research Papers Archive 13157, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:13157
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    References listed on IDEAS

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    1. Karen Chapple & Ann Markusen & Greg Schrock & Daisaku Yamamoto & Pingkang Yu, 2004. "Rejoinder: High-Tech Rankings, Specialization, and Relationship to Growth," Economic Development Quarterly, , vol. 18(1), pages 44-49, February.
    2. Ronald C. Fisher, 1997. "Effects of state and local public services on economic development," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 53-82.
    3. Michael Wasylenko, 1997. "Taxation and economic development: the state of the economic literature," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 37-52.
    4. Ellis, Stephen & Rogers, Cynthia, 2000. "Local Economic Development as a Prisoners' Dilemma: The Role of Business Climate," The Review of Regional Studies, Southern Regional Science Association, vol. 30(3), pages 315-330, Winter.
    5. Joseph Cortright & Heike Mayer, 2004. "Increasingly Rank: the Use and Misuse of Rankings in Economic Development," Economic Development Quarterly, , vol. 18(1), pages 34-39, February.
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