Do Federal Place-Based Policies Improve Economic Opportunity in Rural Communities?

The U.S. federal government has invested considerable resources in place-based programs to improve local economies, amenities, and infrastructure. Although urban place-based policies have received the most attention, place-based approaches have long been central to efforts addressing rural poverty as well. Using a novel dataset, we document a substantial increase in place-based funding to rural counties from 1990 to 2015. We then assess the association between exposure to place-based funding and socioeconomic outcomes in adulthood using data from the National Longitudinal Survey of Youth 1997.
[2022]

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