Where Is Missouri Growing?

Economy |
By Joseph Haslag | Read Time 1 minute minutes

Cities are the economic engines of the states. We may be able to garner a new perspective on economic growth in Missouri by analyzing the growth of Missouri’s eight largest metropolitan areas. Four of these metro areas border neighboring states, which affords us the opportunity to compare growth in Missouri counties with growth in neighboring-state counties, within the same metropolitan areas. By separating our analysis into multiple components, we may be able to better document the economic performance of the state’s economy and to see where Missouri’s economy is growing and which factors are determining this growth. We also research other American cities to determine aspects that lead to strong economic growth as well as steep economic decline.

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About the Author

Joseph Haslag is a professor and the Kenneth Lay Chair in economics at the University of Missouri Columbia. Until the end of 2018, Professor Haslag was the Institute's chief economist. An expert in monetary policy, Haslag has done research at the Federal Reserve Banks of Saint Louis, Dallas, and Atlanta. He serves on the Federal Reserve Bank of Kansas Citys Economic Roundtable and the Federal Reserve Bank of Saint Louis Business Economic Regional Group. He has taught at Southern Methodist University, Erasmus University in Rotterdam, and Michigan State University. Haslag has published his research in the Journal of Monetary Economics, the Journal of Money, Credit and Banking, and the International Economic Review. His research has been cited in more than 100 academic papers. In his role as director of EPARC, Haslag is a standing member of the Consensus Revenue Forecasting Group that forecasts state revenues for state legislators and the governor.

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