A Model Of Trickle-Down Effect through Job Creation: How Does “Economic Development Policy” Make Public Economic Resources Trickle-Down onto Gateway Cities in Massachusetts?

This paper unfolds a trickle-down effect model from the economic development policy of the Commonwealth of Massachusetts. The main trickle-down effect mechanism is job creation. Qualitative inquire methods yielded a model of trickle-down effect that proposes level of employment as dependent variable and five independent variables: innovation and knowledge, entrepreneurship, infrastructure, transaction costs, and costs of production. There is also a spillover: increase of household median income