THE IMPACT OF LATINO-OWNED BUSINESS ON LOCAL ECONOMIC PERFORMANCE
January 2016
Working Paper Number:
CES-16-34
Abstract
This paper takes advantage of the Michigan Census Research Data Center to merge limited-access Census Bureau data with county level information to investigate the impact of Latino-owned business (LOB) employment share on local economic performance measures, namely per capita income, employment, poverty, and population growth. Beginning with OLS and then moving to the Spatial Durbin Model, this paper shows the impact of LOB overall employment share is insignificant. When decomposed into various industries, however, LOB employment share does have a significant impact on economic performance measures. Significance varies by industry, but the results support a divide in the impact of LOB employment share in low and high-barrier industries.
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:
econometric,
aggregation,
census research,
minority,
ethnicity,
hispanic,
regional,
employment growth,
immigrant,
agriculture,
rural,
impact,
agricultural,
economically,
latino,
regional economic,
immigration,
poverty,
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Bureau of Economic Analysis,
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Chicago Census Research Data Center,
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North American Industry Classification System,
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Survey of Business Owners,
International Trade Research Report,
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