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- W1506171100 abstract "Prior to World War II United States' South lagged far behind its northern counterparts in terms of industrialization and economic growth. In fact, in 1940's Franklin Delano Roosevelt proclaimed South the nation's number one economic (Cobb,1982). However, in 25 short years region found itself in a dramatic spurt of economic growth that changed region's image into more flattering Sunbelt South. From 19601975 Gross Regional Product nearly doubled and industrial output more than doubled (Cobb, 1982). Dixie's growth was not only limited to domestic firms, but by 1970's region was attracting around half of United States' foreign industrial investment (Cobb, 1982). By 1978, many Southern states were attracting as much as $1 billion annually from foreign investments, led by South Carolina, North Carolina, and Virginia (Cobb, 1984). Manufacturing growth continued throughout nineties. In beginning of decade eight of top ten states, in terms of new manufacturing plants, were in South (Applebome 1996). The backward Southern states of mid-century were now viewed as some of best businessclimates in nation. In a 1980 survey, six southern states placed in top ten business climates and South's overall rank was better than Midwest and Northeast traditionally industrial powerhouses. These rankings also seemed to have a significant relationship with regional growth in manufacturing employment. The rankings took into account factors such as tax rates, unemployment compensation levels, and labor relations history. Some of most telling factors, though, were those describing unionization numbers and wage levels. Six of seven states with lowest union membership and five of six lowest weekly manufacturing wage states were in South (Cobb, 1982). Despite this economic growth, many argue that wages of southern workers have not jumped to level of their non-southern counterparts. This is problem that this paper will address. Why have wages in South seemingly remained at a lower level than other regions of United States, despite economic growth? What is determining wage across states? Is market determining wage or are there other factors causing wages to be artificially high in some areas and low in others?" @default.
- W1506171100 created "2016-06-24" @default.
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- W1506171100 date "2001-01-01" @default.
- W1506171100 modified "2023-09-23" @default.
- W1506171100 title "Wage Differentials Between the States: The Effect of Region and Unionization" @default.
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