Jobs and buy local programs : expected employment effects of public-sector import-substitution in Chicago
By: SANDRO, Phillip H
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ArticlePublisher: New York : Marcel Dekker, 1995International Journal of Public Administration - IJPA 18, 1, p. 199-225Abstract: This article uses a modelling approach to project the effects of a public sector urban import-substitution program called Buy Chicago. The City of Chicago would redirect its non-local procurement back to Chicago firms to reach a 90 percent local-buying goal with the intention of creating jobs, revenue and economic growth. The employment generated from Buy Chicago was projected by a computer-driven simulation and forecasting model developed by Regional Economic Models Incorporated which simulates the structural and behavioral characteristics of the Chicago region. Six alternative behavioral scenarios for Buy Chicago were developed, and employment projections were developed for each. Under the worst case scenario, the program would create substantial numbers of jobs, be substantially self-financing, and increase imports as a function of induced economic growth.
This article uses a modelling approach to project the effects of a public sector urban import-substitution program called Buy Chicago. The City of Chicago would redirect its non-local procurement back to Chicago firms to reach a 90 percent local-buying goal with the intention of creating jobs, revenue and economic growth. The employment generated from Buy Chicago was projected by a computer-driven simulation and forecasting model developed by Regional Economic Models Incorporated which simulates the structural and behavioral characteristics of the Chicago region. Six alternative behavioral scenarios for Buy Chicago were developed, and employment projections were developed for each. Under the worst case scenario, the program would create substantial numbers of jobs, be substantially self-financing, and increase imports as a function of induced economic growth.
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