IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v2y1988i2p119-123.html
   My bibliography  Save this article

Economists and Economic Development

Author

Listed:
  • Roger J. Vaughan

    (Roger Vaughan Associate)

Abstract

When economists offer advice to state and local policymakers about economic development, they rely on a view of the world that is shaped by oversimplified models which in turn have been designed around the type of economic data that are readily available. This distracts policymakers from understanding clearly how the economy works. Economics could be far more useful if economists focused on the factors that shape the millions of decisions that propel the institutional setting within which decisions are made and then ask: What information are decision makers using; and, what incentives do they face to act in different ways?

Suggested Citation

  • Roger J. Vaughan, 1988. "Economists and Economic Development," Economic Development Quarterly, , vol. 2(2), pages 119-123, May.
    • Handle: RePEc:sae:ecdequ:v:2:y:1988:i:2:p:119-123
    DOI: 10.1177/089124248800200202
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/089124248800200202
    Download Restriction: no
    File URL: https://libkey.io/10.1177/089124248800200202?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

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


    Cited by:

    1. Walker, Douglas M. & Jackson, John D., 1998. "New Goods and Economic Growth: Evidence from Legalized Gambling," The Review of Regional Studies, Southern Regional Science Association, vol. 28(2), pages 47-70, Fall.
    2. Douglas M. Walker, 1998. "Comment on "Legal Gambling as a Strategy for Economic Development"," Economic Development Quarterly, , vol. 12(3), pages 214-216, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:2:y:1988:i:2:p:119-123. See general information about how to correct material in RePEc.

    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 bibliographic 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.

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

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.