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Local Economic Development: Theory and the Ontario Experience

Author

Listed:
  • Almos T. Tassonyi

    () (Ontario Ministry of Finance, Strategic Policy Unit, Property Tax Policy Branch)

Abstract

Subnational governments are faced with increased pressure to initiate policies to further local economic development. This paper traces the changes in the theory and practice of local development initiatives in North America. The paper uses Ontario and its municipal sector as a case study of the transition from an emphasis on physical accommodation to the current emphasis on broader amenities.

Suggested Citation

  • Almos T. Tassonyi, 2005. "Local Economic Development: Theory and the Ontario Experience," International Tax Program Papers 0511, International Tax Program, Institute for International Business, Joseph L. Rotman School of Management, University of Toronto.
  • Handle: RePEc:ttp:itpwps:0511
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    File URL: http://www-2.rotman.utoronto.ca/iib/ITP0511.pdf
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    Cited by:

    1. Godwin Arku, 2015. "Economic development practices of cities in Ontario, Canada," Community Development, Taylor & Francis Journals, vol. 46(5), pages 604-615, December.
    2. Godwin Arku, 2013. "Outsourcing Functions to Economic Development Corporations: Exploring the Perceptions of Officials in Ontario, Canada," Public Organization Review, Springer, vol. 13(1), pages 49-70, March.

    More about this item

    Keywords

    Regional development policy; subsidies;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

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