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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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    File URL: http://ageconsearch.umn.edu/record/278733/files/ers-report-616.pdf
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    References listed on IDEAS

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    1. Smith, Eldon D. & Deaton, Brady J. & Kelch, David R., 1978. "Location Determinants of Manufacturing Industry in Rural Areas," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 10(1), pages 23-32, July.
    2. Timothy J. Bartik, 2010. "Small Business Start-Ups in the United States: Estimates of the Effects of Characteristics of States," Book chapters authored by Upjohn Institute researchers, in: Zolton Acs (ed.),Entrepreneurship and regional Development, pages 155-169, W.E. Upjohn Institute for Employment Research.
    3. Bartik, Timothy J, 1985. "Business Location Decisions in the United States: Estimates of the Effects of Unionization, Taxes, and Other Characteristics of States," Journal of Business & Economic Statistics, American Statistical Association, vol. 3(1), pages 14-22, January.
    4. Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 69-112.
    5. Helms, L Jay, 1985. "The Effect of State and Local Taxes on Economic Growth: A Time Series-Cross Section Approach," The Review of Economics and Statistics, MIT Press, vol. 67(4), pages 574-582, November.
    6. Kevin T. McNamara & Warren P. Kriesel, 1988. "Manufacturing Location: the Impact of Human Capital Stocks and Flows," The Review of Regional Studies, Southern Regional Science Association, vol. 18(1), pages 42-48, Winter.
    7. Newman, Robert J, 1983. "Industry Migration and Growth in the South," The Review of Economics and Statistics, MIT Press, vol. 65(1), pages 76-86, February.
    8. Debertin, David L. & Pagoulatos, Angelos & Smith, Eldon D., 1980. "Estimating Linear Probability Functions: A Comparison of Approaches," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 12(2), pages 65-69, December.
    9. Schmenner, Roger W. & Huber, Joel C. & Cook, Randall L., 1987. "Geographic differences and the location of new manufacturing facilities," Journal of Urban Economics, Elsevier, vol. 21(1), pages 83-104, January.
    10. Newman, Robert J. & Sullivan, Dennis H., 1988. "Econometric analysis of business tax impacts on industrial location: What do we know, and how do we know it?," Journal of Urban Economics, Elsevier, vol. 23(2), pages 215-234, March.
    11. Charney, Alberta H., 1983. "Intraurban manufacturing location decisions and local tax differentials," Journal of Urban Economics, Elsevier, vol. 14(2), pages 184-205, September.
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    Cited by:

    1. Ben Said FOUED, 2015. "Tunisian Coastal Cities Attractiveness And Amenities," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 10(3), pages 49-70, August.
    2. Bollman, Ray D., 1999. "Human Capital and Rural Development: What Are the Linkages?," Agriculture and Rural Working Paper Series 28025, Statistics Canada.
    3. 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.
    4. 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.
    5. 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.
    6. Jean-Christophe Dissart, 2007. "Landscapes and regional development: What are the links?," Post-Print hal-01201159, HAL.
    7. 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.
    8. 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.
    9. 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.
    10. 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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