Local Economic Development Policies
AbstractThis chapter seeks to provide useful advice for local government policy towards economic development programs. The chapter: reviews the size and scope of local economic development programs in the United States; critically analyzes the various rationales offered for these programs; makes recommendations for what local policy should do about business attraction and incentives, business retention, new business development, high technology development, brownfield development, distressed neighborhoods, and downtowns; and discusses how local economic development programs should be organized, managed, and evaluated.
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Bibliographic InfoPaper provided by W.E. Upjohn Institute for Employment Research in its series Upjohn Working Papers and Journal Articles with number 03-91.
Date of creation: Jan 2003
Date of revision:
Note: A revised version of this paper appears as "Economic Development" in J. Richard Aronson and Eli Schwartz, eds. 2004. Management Policies in Local Government Finance (5th Ed.). Washington, DC: International City/County Management Association, pp. 355-390.
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local; regional; economic; development; Bartik; Upjohn;
Find related papers by JEL classification:
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
- R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-05-08 (All new papers)
- NEP-CWA-2003-05-08 (Central & Western Asia)
- NEP-GEO-2003-05-08 (Economic Geography)
- NEP-URE-2003-05-08 (Urban & Real Estate Economics)
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