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Fast Adjusting Urban Regions, Leadership And Regional Economic Development

Author

Listed:
  • Mark DESANTIS

    (President, De Santis Associates, Pittsburgh, PA and Adjunct Professor, H. John Hienz III School of)

  • Roger R. STOUGH

    (NOVA Endowed Chair in Public Policy. Director, Center for Regional Analysis, The Institute of)

Abstract

This paper presents and tests a model that argues that institutional resources amplified by strategic community leadership are the factors that dominate a region’s ability to achieve sustained economic performance and, therefore, to adjust rapidly to changing conditions. The argument is formulated as a path analytical model and tested with data from 35 U.S. metropolitan regions. Analysis shows that strategic community leadership amplifies the effect of institutional resources on regional economic performance. It is concluded that regions with stronger strategic community leadership not only perform better economically but also adjust more effectively and quickly to change.

Suggested Citation

  • Mark DESANTIS & Roger R. STOUGH, 1999. "Fast Adjusting Urban Regions, Leadership And Regional Economic Development," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 10, pages 37-57.
    • Handle: RePEc:tou:journl:v:10:y:1999:p:37-57
    as

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    References listed on IDEAS

    as
    1. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
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    More about this item

    Keywords

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    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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