IDEAS home Printed from
   My bibliography  Save this article

Policy Versus Place Luck: Achieving Local Economic Prosperity


  • Laura A. Reese

    (Michigan State University, East Lansing, MI, USA,

  • Minting Ye

    (Michigan State University, East Lansing, MI, USA)


This research focuses on the relative impact of place luck and economic development policy in contributing to long-term economic growth. Using a unique national data set composed of surveys of public officials, three decades of census data, and a variety of other data covering climate, health, amenities, and so on, the following research questions are addressed: (a) Is economic prosperity better explained by local development policy or simple place luck? (b) Are particular economic development policies more strongly related to prosperity than others? (c) Are there other attributes of cities such as school quality, service quality, and safety, for example, that appear to enhance economic health?

Suggested Citation

  • Laura A. Reese & Minting Ye, 2011. "Policy Versus Place Luck: Achieving Local Economic Prosperity," Economic Development Quarterly, , vol. 25(3), pages 221-236, August.
  • Handle: RePEc:sae:ecdequ:v:25:y:2011:i:3:p:221-236

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Sung Hoon Kang & Mark Skidmore & Laura Reese, 2015. "The Effects of Changes in Property Tax Rates and School Spending on Residential and Business Property Value Growth," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 43(2), pages 300-333, June.
    2. Brian E. Whitacre & David Shideler & Randi Williams, 2016. "Do Incentive Programs Cause Growth? The Case of the Oklahoma Quality Jobs Program and Community-Level Economic Growth," Economic Development Quarterly, , vol. 30(1), pages 62-74, February.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecdequ:v:25:y:2011:i:3:p:221-236. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.