Gauging the Rainmakers: Toward a Meteorology of State Legislative Climates

Russell L. Hanson, Michael Barth Berkman

Research output: Contribution to journalArticle

18 Citations (Scopus)

Abstract

State policymakers strive to improve their business climates, and social scientists are interested in exploring both the causes and consequences of this action. However, the notion of a “business climate” is poorly conceptualized and crudely measured, and this has hindered progress in this area. We propose a multidimensional measure derived from a weakly confirmatory factor analysis, and show how this measure illuminates substantive differences among economic development policies—differences that are obscured by conventional measures of policy activity. We illustrate the validity of our measure by tracking its movement in relation to the evolution of development strategy in Indiana, a state known for its aggressive efforts to stimulate growth. We then demonstrate the utility of our measure in quantitative analyses of the determinants of development policies, and their impact on state economies.

Original languageEnglish (US)
Pages (from-to)213-228
Number of pages16
JournalEconomic Development Quarterly
Volume5
Issue number3
DOIs
StatePublished - Jan 1 1991

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meteorology
climate
development strategy
social scientist
factor analysis
development policy
economic development
determinants
economy
cause
economics
policy
Business climate
Climate
Meteorology
Politicians
Economic development
Confirmatory factor analysis
Development strategy
Development policy

All Science Journal Classification (ASJC) codes

  • Development
  • Economics and Econometrics
  • Urban Studies

Cite this

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Gauging the Rainmakers : Toward a Meteorology of State Legislative Climates. / Hanson, Russell L.; Berkman, Michael Barth.

In: Economic Development Quarterly, Vol. 5, No. 3, 01.01.1991, p. 213-228.

Research output: Contribution to journalArticle

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