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Factors Associated with the Growth of Local and Regional Economies: A Review of Selected Empirical Literature

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  • Kusmin, Lorin D.

Abstract

Thirty-five empirical studies of factors influencing business location and/or regional economic growth are reviewed. Differences in methodology among the studies are described, and several methodological issues are discussed. Regional characteristics that have been hypothesized to affect regional growth and/or business location are identified, and the results of these studies with regard to the effects of these regional characteristics are discussed. Few results are found to be consistent across studies. Some suggestions are offered about methodological issues and regional characteristics to be considered in future studies of regional economic growth and/or business location.

Suggested Citation

  • Kusmin, Lorin D., 1994. "Factors Associated with the Growth of Local and Regional Economies: A Review of Selected Empirical Literature," Staff Reports 278733, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:278733
    DOI: 10.22004/ag.econ.278733
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    2. Jean-Christophe Dissart, 2005. "Installations récréatives extérieures et développement économique régional : le cas des zones rurales isolées aux États-Unis," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(2), pages 217-248.
    3. Bollman, Ray D., 1999. "Human Capital and Rural Development: What Are the Linkages?," Agriculture and Rural Working Paper Series 28025, Statistics Canada.
    4. Deller, Steven C. & Lledo, Victor, 2007. "Amenities and Rural Appalachia Economic Growth," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 36(1), pages 1-26, April.
    5. Jean-Christophe Dissart, 2007. "Landscapes and regional development: What are the links?," Cahiers d'Economie et Sociologie Rurales, INRA Department of Economics, vol. 84, pages 61-91.
    6. Dissart, Jean-Christophe, 2007. "Landscapes and regional development: What are the links?," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 84.
    7. Nagy, Cecil N. & Olfert, M. Rose & Skotheim, J., 2004. "Targeting Business Investment in Rural Communities," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 34(4), pages 1-21.
    8. Michael Wasylenko, 1997. "Taxation and economic development: the state of the economic literature," New England Economic Review, Federal Reserve Bank of Boston, issue Mar, pages 37-52.
    9. Jean-Christophe Dissart, 2007. "Landscapes and regional development: What are the links?," Post-Print hal-01201159, HAL.
    10. Leatherman, John C., 2002. "Industry Location Modeling: Extensions Of The Plains Economic Targeting System," Western Economics Forum, Western Agricultural Economics Association, vol. 1(1), pages 1-5.
    11. Lin, Haixia & Wu, JunJie, 2005. "Conservation Policy and Land Value: The Conservation Reserve Program," 2005 Annual meeting, July 24-27, Providence, RI 19417, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Stephen Malpezzi, "undated". "Local Economic Development and Its Finance: An Introduction," Wisconsin-Madison CULER working papers 02-06, University of Wisconsin Center for Urban Land Economic Research.
    13. Stephen Malpezzi & James D. Shilling & Yu Yun Jessie Yang, 2001. "The Stock of Private Real Estate Capital in U.S. Metropolitan Areas," Journal of Real Estate Research, American Real Estate Society, vol. 22(3), pages 243-270.
    14. Gunderson, Ronald J. & Ng, Pin T., 2005. "Analyzing the Effects of Amenities, Quality of Life Attributes and Tourism on Regional Economic Performance using Regression Quantiles," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 35(1), pages 1-22.
    15. Otto, Daniel M. & Tirmizi, Syed Noor & Ryan, Vern, 2001. "Role Of Social Capital In Economic And Community Development," 2001 Annual meeting, August 5-8, Chicago, IL 20465, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. John C. Leatherman & Donald J. Howard & Terry L. Kastens, 2002. "Improved Prospects for Rural Development: An Industrial Targeting System for the Great Plains," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 59-77.

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