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The Impact of Latino-Owned Business on Local Economic Performance

This webinar presents results found using limited access microdata from in the Michigan Census Research Data Center. The project merged three limited-access Census Bureau data sets by individual firm and establishment level to investigate the factors associated with the Latino-owned business (LOB) location and dynamics over time. Further, the webinar will present results from the limited-access data sets merge limited-access Census Bureau data with county level information to investigate the impact of 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, these results show 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.

Presented by
Craig Carpenter: successfully defended his dissertation, titled β€œImmigrants, Self-Employment, and Growth in the United States,” on February 29th, 2016. The dissertation focused on the impact of Latino-owned businesses and how geographic, industrial, and business owner factors impact the survival, growth, and local impact of Latino-owned businesses. He has accepted a position as an assistant professor at Texas A&M University, which he begins in June.

There is no registration or fee for the webinar: go to http://ncrcrd.adobeconnect.com/ncrcrd - log in as a Guest and Enter Room.

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About the Extension Foundation

The Extension Foundation was formed in 2006 by Extension Directors and Administrators. Today, the Foundation partners with Cooperative Extension through liaison roles and a formal plan of work with the Extension Committee on Organization and Policy (ECOP) to increase system capacity while providing programmatic services, and helping Extension programs scale and investigate new methods and models for implementing programs. The Foundation provides professional development to Cooperative Extension professionals and offers exclusive services to its members. In 2020 and 2021, the Extension Foundation has awarded 85% of its direct funding back to the Cooperative Extension System, 100% of funds are used to support Cooperative Extension initiatives. 

This technology is supported in part by New Technologies for Ag Extension (funding opportunity no. USDA-NIFA-OP-010186), grant no. 2023-41595-41325 from the USDA National Institute of Food and Agriculture. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or the Extension Foundation. For more information, please visit extension.org. You can view the terms of useat extension.org/terms.

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